rts logo

Verisk Analytics Inc (VRSK) Stock Could Soon Reward Patient Investors

Verisk Analytics Inc (NASDAQ: VRSK) is -2.87% lower on its value in year-to-date trading and has touched a low of $181.01 and a high of $251.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VRSK stock was last observed hovering at around $234.86 in the last trading session, with the day’s loss setting it -2.86%.

Currently trading at $232.00, the stock is -2.46% and -3.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -1.22% at the moment leaves the stock -1.84% off its SMA200. VRSK registered 27.60% gain for a year compared to 6-month gain of -4.11%. The firm has a 50-day simple moving average (SMA 50) of $13.45 and a 200-day simple moving average (SMA200) of $25.32.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -5.24% loss in the last 1 month and extending the period to 3 months gives it a -1.28%, and is -1.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.24% over the week and 1.35% over the month.

Verisk Analytics Inc (VRSK) has around 7500 employees, a market worth around $33.27B and $2.68B in sales. Current P/E ratio is 55.18 and Fwd P/E is 31.80. Profit margin for the company is 22.92%. Distance from 52-week low is 28.17% and -7.93% from its 52-week high. The company has generated returns on investments over the last 12 months (18.30%).

Verisk Analytics Inc quarterly earnings per share for the current quarter are estimated at $1.52 with sales reaching $698.59M over the same period.The EPS is expected to grow by 14.13% this year, but quarterly earnings will post 7.40% year-over-year. Quarterly sales are estimated to grow 10.30% in year-over-year returns.

Verisk Analytics Inc (VRSK) Top Institutional Holders

1,303 institutions hold shares in Verisk Analytics Inc (VRSK), with institutional investors hold 96.07% of the company’s shares. The shares outstanding are 143.31M, and float is at 142.32M with Short Float at 1.34%. Institutions hold 95.29% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 16.41 million shares valued at $3.81 billion. The investor’s holdings represent 11.44% of the VRSK Shares outstanding. As of Dec 30, 2023, the second largest holder is Blackrock Inc. with 12.99 million shares valued at $3.01 billion to account for 9.06% of the shares outstanding. The other top investors are Massachusetts Financial Services Co. which holds 6.86 million shares representing 4.78% and valued at over $1.59 billion, while State Street Corporation holds 4.30% of the shares totaling 6.17 million with a market value of $1.43 billion.

Verisk Analytics Inc (VRSK) Insider Activity

The most recent transaction is an insider sale by Shavel Lee,the company’sChief Executive Officer. SEC filings show that Shavel Lee sold 1,000 shares of the company’s common stock on Mar 18 ’24 at a price of $235.61 per share for a total of $0.24 million. Following the sale, the insider now owns 59163.0 shares.

Verisk Analytics Inc disclosed in a document filed with the SEC on Mar 15 ’24 that Shavel Lee (Chief Executive Officer) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $231.98 per share for $0.23 million. Following the transaction, the insider now directly holds 60163.0 shares of the VRSK stock.

Still, SEC filings show that on Mar 15 ’24, Mann Elizabeth (Chief Financial Officer) disposed off 200 shares at an average price of $231.98 for $46396.0. The insider now directly holds 17,208 shares of Verisk Analytics Inc (VRSK).

Related Posts