Achmea Investment Management B.V. Buys Shares of 4,599 Verisk Analytics, Inc. (VRSK)

Achmea Investment Management B.V. bought a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,599 shares of the business services provider’s stock, valued at approximately $554,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. TRUE Private Wealth Advisors purchased a new stake in Verisk Analytics in the 3rd quarter valued at about $110,000. Financial Architects Inc purchased a new stake in Verisk Analytics in the 3rd quarter valued at about $113,000. Fort L.P. purchased a new stake in Verisk Analytics in the 2nd quarter valued at about $121,000. Harvest Fund Management Co. Ltd purchased a new stake in Verisk Analytics in the 3rd quarter valued at about $139,000. Finally, NuWave Investment Management LLC increased its stake in Verisk Analytics by 458.2% in the 3rd quarter. NuWave Investment Management LLC now owns 1,189 shares of the business services provider’s stock valued at $143,000 after buying an additional 976 shares during the last quarter. Institutional investors own 93.02% of the company’s stock.

In other news, COO Mark V. Anquillare sold 53,125 shares of the stock in a transaction that occurred on Monday, November 12th. The shares were sold at an average price of $122.86, for a total transaction of $6,526,937.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Scott G. Stephenson sold 18,990 shares of the stock in a transaction that occurred on Monday, October 15th. The shares were sold at an average price of $113.79, for a total transaction of $2,160,872.10. Following the transaction, the chief executive officer now directly owns 808,220 shares of the company’s stock, valued at $91,967,353.80. The disclosure for this sale can be found here. Insiders have sold a total of 302,981 shares of company stock valued at $36,189,447 over the last three months. Insiders own 3.19% of the company’s stock.

Several equities research analysts have commented on VRSK shares. SunTrust Banks increased their price objective on shares of Verisk Analytics to $120.00 in a research note on Thursday, November 1st. BidaskClub lowered shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 22nd. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $115.00 price objective on shares of Verisk Analytics in a research note on Thursday, July 19th. Morgan Stanley reiterated a “hold” rating and issued a $119.00 price objective (up previously from $113.00) on shares of Verisk Analytics in a research note on Thursday, September 13th. Finally, Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Thursday, July 19th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $112.17.

Verisk Analytics stock opened at $123.88 on Friday. Verisk Analytics, Inc. has a twelve month low of $90.60 and a twelve month high of $124.23. The company has a market cap of $20.12 billion, a PE ratio of 38.59, a P/E/G ratio of 2.53 and a beta of 0.58. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.96.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, October 30th. The business services provider reported $1.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.01. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. The firm had revenue of $598.70 million during the quarter, compared to the consensus estimate of $596.79 million. During the same period in the prior year, the firm earned $0.84 EPS. The company’s revenue was up 9.0% compared to the same quarter last year. On average, equities analysts expect that Verisk Analytics, Inc. will post 4.15 EPS for the current fiscal year.

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About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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