Cavalier Investments LLC Has $3.37 Million Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Cavalier Investments LLC increased its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,562 shares of the business services provider’s stock after acquiring an additional 759 shares during the period. Verisk Analytics comprises about 1.0% of Cavalier Investments LLC’s portfolio, making the stock its 24th largest position. Cavalier Investments LLC’s holdings in Verisk Analytics were worth $3,366,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VRSK. Wealth Enhancement Advisory Services LLC increased its stake in shares of Verisk Analytics by 18.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 17,103 shares of the business services provider’s stock worth $4,583,000 after purchasing an additional 2,671 shares during the last quarter. Forsta AP Fonden lifted its holdings in shares of Verisk Analytics by 9.3% during the 3rd quarter. Forsta AP Fonden now owns 45,900 shares of the business services provider’s stock worth $12,299,000 after acquiring an additional 3,900 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Verisk Analytics by 18.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 35,929 shares of the business services provider’s stock worth $9,494,000 after acquiring an additional 5,557 shares during the period. Outlook Wealth Advisors LLC lifted its holdings in shares of Verisk Analytics by 3.3% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 1,422 shares of the business services provider’s stock worth $381,000 after acquiring an additional 46 shares during the period. Finally, Values First Advisors Inc. acquired a new position in Verisk Analytics during the 3rd quarter worth approximately $136,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the transaction, the chief financial officer now directly owns 15,808 shares in the company, valued at approximately $4,289,184.64. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

VRSK has been the topic of a number of analyst reports. BMO Capital Markets reduced their price objective on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a research note on Thursday, August 1st. Royal Bank of Canada raised their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Evercore ISI restated an “in-line” rating and set a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Barclays lifted their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Finally, Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $278.67.

Verisk Analytics Stock Performance

VRSK stock opened at $264.65 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86. The business’s fifty day simple moving average is $268.93 and its two-hundred day simple moving average is $261.12. Verisk Analytics, Inc. has a twelve month low of $215.32 and a twelve month high of $287.13. The firm has a market cap of $37.69 billion, a price-to-earnings ratio of 42.96, a PEG ratio of 3.36 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.10. The firm had revenue of $716.80 million during the quarter, compared to the consensus estimate of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.51 earnings per share. Analysts predict that Verisk Analytics, Inc. will post 6.57 earnings per share for the current year.

Verisk Analytics Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.