Crossmark Global Holdings Inc. Decreases Holdings in Verisk Analytics, Inc. (VRSK)

Crossmark Global Holdings Inc. cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 27.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,952 shares of the business services provider’s stock after selling 5,655 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Verisk Analytics were worth $1,435,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Dupont Capital Management Corp purchased a new position in shares of Verisk Analytics in the fourth quarter worth $112,000. Advisory Services Network LLC increased its stake in shares of Verisk Analytics by 300.5% in the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after buying an additional 1,268 shares during the period. Perigon Wealth Management LLC increased its stake in shares of Verisk Analytics by 61.2% in the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after buying an additional 669 shares during the period. Calton & Associates Inc. purchased a new position in shares of Verisk Analytics in the fourth quarter worth $183,000. Finally, Bank of Nova Scotia Trust Co. purchased a new position in shares of Verisk Analytics in the third quarter worth $164,000. 92.91% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director David B. Wright sold 15,000 shares of the business’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $94.60, for a total transaction of $1,419,000.00. Following the sale, the director now owns 8,951 shares in the company, valued at approximately $846,764.60. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Lee Shavel bought 390 shares of the company’s stock in a transaction dated Wednesday, December 20th. The shares were acquired at an average price of $96.36 per share, for a total transaction of $37,580.40. Following the acquisition, the chief financial officer now owns 22,341 shares in the company, valued at approximately $2,152,778.76. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 1,177 shares of company stock worth $112,591 and sold 31,526 shares worth $2,987,428. Insiders own 3.41% of the company’s stock.

Several research analysts recently commented on the stock. Morgan Stanley lifted their target price on shares of Verisk Analytics from $91.00 to $106.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. BidaskClub raised shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research note on Tuesday, January 23rd. Royal Bank of Canada lifted their target price on shares of Verisk Analytics to $100.00 and gave the stock a “sector perform” rating in a research note on Friday, January 19th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th. Finally, Keefe, Bruyette & Woods set a $101.00 target price on shares of Verisk Analytics and gave the stock a “buy” rating in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $94.50.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) opened at $96.63 on Thursday. The firm has a market cap of $15,530.45, a price-to-earnings ratio of 35.53, a P/E/G ratio of 2.41 and a beta of 0.76. Verisk Analytics, Inc. has a fifty-two week low of $75.60 and a fifty-two week high of $100.54. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.36.

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Verisk Analytics Company Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

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

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