Verisk Analytics Inc’s recent filing unveils that its Chief Information Officer Daffan Nicholas unloaded Company’s shares for reported $0.35 million on Apr 12 ’24. In the deal valued at $222.93 per share,1,554 shares were sold. As a result of this transaction, Daffan Nicholas now holds 51,715 shares worth roughly $11.49 million.
Then, Grover David J. sold 6,481 shares, generating $1,510,462 in total proceeds. Upon selling the shares at $233.06, the Chief Accounting Officer now owns 12,140 shares.
Before that, Shavel Lee sold 1,000 shares. Verisk Analytics Inc shares valued at $235,610 were divested by the Chief Executive Officer at a price of $235.61 per share. As a result of the transaction, Shavel Lee now holds 59,163 shares, worth roughly $13.14 million.
BofA Securities downgraded its Verisk Analytics Inc [VRSK] rating to a Neutral from a a Buy in a research note published on January 08, 2024; the price target was decreased to $260 from $270. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Hold”. Wells Fargo began covering VRSK with “an Equal weight” recommendation on October 30, 2023. Jefferies revised its rating on October 16, 2023. It rated VRSK as “a Hold” which previously was an “a Buy”.
Price Performance Review of VRSK
On Monday, Verisk Analytics Inc [NASDAQ:VRSK] saw its stock fall -0.16% to $222.18. Over the last five days, the stock has lost -1.86%. Verisk Analytics Inc shares have fallen nearly -6.98% since the year began. Nevertheless, the stocks have risen 14.17% over the past one year. While a 52-week high of $251.98 was reached on 02/07/24, a 52-week low of $187.86 was recorded on 04/12/24. SMA at 50 days reached $237.67, while 200 days put it at $236.82. A total of 1.07 million shares were traded, compared to the trading of 1.38 million shares in the previous session.
Levels Of Support And Resistance For VRSK Stock
The 24-hour chart illustrates a support level at 220.70, which if violated will result in even more drops to 219.22. On the upside, there is a resistance level at 225.03. A further resistance level may holdings at 227.88. The Relative Strength Index (RSI) on the 14-day chart is 30.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.57%. Stochastics %K at 8.45% indicates the stock is a buying.
The most recent change occurred on September 14, 2023 when Argus began covering the stock and recommended ‘”a Buy”‘ rating along with a $288 price target.
