CIBC Asset Management Inc Trims Position in Verisk Analytics, Inc. $VRSK

by · The Markets Daily

CIBC Asset Management Inc lessened its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 16.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,457 shares of the business services provider’s stock after selling 11,848 shares during the quarter. CIBC Asset Management Inc’s holdings in Verisk Analytics were worth $13,076,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VRSK. Oppenheimer Asset Management Inc. raised its position in Verisk Analytics by 25.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 90,522 shares of the business services provider’s stock worth $20,249,000 after acquiring an additional 18,461 shares in the last quarter. Aquatic Capital Management LLC increased its position in Verisk Analytics by 295.8% during the third quarter. Aquatic Capital Management LLC now owns 20,148 shares of the business services provider’s stock worth $5,067,000 after acquiring an additional 15,058 shares during the period. Jensen Investment Management Inc. grew its stake in Verisk Analytics by 50.7% during the third quarter. Jensen Investment Management Inc. now owns 424,645 shares of the business services provider’s stock worth $106,802,000 after buying an additional 142,911 shares in the last quarter. NEOS Investment Management LLC grew its stake in Verisk Analytics by 77.0% during the third quarter. NEOS Investment Management LLC now owns 59,083 shares of the business services provider’s stock worth $14,860,000 after buying an additional 25,712 shares in the last quarter. Finally, OFI Invest Asset Management boosted its stake in shares of Verisk Analytics by 7,265.5% in the 4th quarter. OFI Invest Asset Management now owns 31,156 shares of the business services provider’s stock valued at $6,969,000 after purchasing an additional 30,733 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

VRSK has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on shares of Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of Verisk Analytics in a report on Thursday, February 19th. Raymond James Financial raised shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $215.00 to $260.00 in a report on Monday, March 2nd. Weiss Ratings cut shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Finally, UBS Group set a $224.00 price target on shares of Verisk Analytics in a research report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $237.20.

Get Our Latest Analysis on Verisk Analytics

Insider Transactions at Verisk Analytics

In related news, Director Bruce Edward Hansen sold 2,336 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $174.99, for a total transaction of $408,776.64. Following the completion of the sale, the director directly owned 15,868 shares in the company, valued at $2,776,741.32. This represents a 12.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Samuel G. Liss sold 6,765 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total value of $1,201,666.95. Following the sale, the director owned 69,098 shares of the company’s stock, valued at $12,273,877.74. This trade represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 12,636 shares of company stock valued at $2,225,119. 0.52% of the stock is currently owned by corporate insiders.

Verisk Analytics Stock Up 1.0%

NASDAQ VRSK opened at $181.73 on Friday. The stock’s 50 day moving average is $176.00 and its 200 day moving average is $198.24. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $321.83. The stock has a market cap of $23.81 billion, a PE ratio of 27.66, a P/E/G ratio of 2.02 and a beta of 0.69.

Verisk Analytics (NASDAQ:VRSK – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.06. The company had revenue of $782.60 million for the quarter, compared to analysts’ expectations of $771.62 million. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The firm’s revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.73 EPS. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Research analysts predict that Verisk Analytics, Inc. will post 7.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, June 15th. Verisk Analytics’s dividend payout ratio is 30.44%.

Verisk Analytics announced that its board has approved a stock repurchase program on Wednesday, February 18th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the business services provider to purchase up to 10.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Verisk Analytics Company Profile

(Free Report)

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.

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