Published On: Wed, Sep 7th, 2016

Verisk Analytics Inc. (VRSK) SVP Vincent De P. Mccarthy Sells 2,400 Shares

Verisk Analytics Inc. (NASDAQ:VRSK) SVP Vincent De P. Mccarthy sold 2,400 shares of the stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of $83.70, for a total value of $200,880.00. Following the completion of the transaction, the senior vice president now owns 34,349 shares of the company’s stock, valued at approximately $2,875,011.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Verisk Analytics Inc. (NASDAQ:VRSK) traded up 0.26% during midday trading on Tuesday, hitting $84.06. The stock had a trading volume of 643,377 shares. The stock has a 50-day moving average of $83.12 and a 200-day moving average of $79.49. Verisk Analytics Inc. has a 52 week low of $64.79 and a 52 week high of $86.00. The firm has a market cap of $14.20 billion and a P/E ratio of 24.11.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.73 EPS for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.03. During the same period last year, the firm earned $0.77 EPS. The firm earned $498.30 million during the quarter, compared to the consensus estimate of $504.44 million. The business’s revenue was up 16.3% compared to the same quarter last year. Analysts forecast that Verisk Analytics Inc. will post $3.01 EPS for the current fiscal year.

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A number of equities analysts recently weighed in on the company. Macquarie assumed coverage on Verisk Analytics in a research report on Thursday, August 25th. They issued a “neutral” rating and a $88.00 price target for the company. Cantor Fitzgerald reiterated a “buy” rating on shares of Verisk Analytics in a research report on Friday, August 19th. Zacks Investment Research upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Saturday, August 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Verisk Analytics in a research report on Wednesday, June 29th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $84.80.
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.

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