Verisk Analytics Inc’s recent filing unveils that its Director LISS SAMUEL G unloaded Company’s shares for reported $3.31 million on May 03 ’24. In the deal valued at $235.20 per share,14,055 shares were sold. As a result of this transaction, LISS SAMUEL G now holds 68,601 shares worth roughly $16.59 million.
Then, Mann Elizabeth sold 200 shares, generating $46,000 in total proceeds. Upon selling the shares at $230.00, the Chief Financial Officer now owns 17,008 shares.
Before that, Daffan Nicholas sold 1,554 shares. Verisk Analytics Inc shares valued at $346,433 were divested by the Chief Information Officer at a price of $222.93 per share. As a result of the transaction, Daffan Nicholas now holds 51,715 shares, worth roughly $12.51 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 jump 1.91% to $241.86. Over the last five days, the stock has gained 9.02%. Verisk Analytics Inc shares have risen nearly 1.26% since the year began. Nevertheless, the stocks have risen 17.54% over the past one year. While a 52-week high of $251.98 was reached on 02/07/24, a 52-week low of $205.70 was recorded on 04/30/24. SMA at 50 days reached $231.54, while 200 days put it at $236.74. A total of 0.89 million shares were traded, compared to the trading of 1.54 million shares in the previous session.
Levels Of Support And Resistance For VRSK Stock
The 24-hour chart illustrates a support level at 238.63, which if violated will result in even more drops to 235.39. On the upside, there is a resistance level at 243.55. A further resistance level may holdings at 245.24. The Relative Strength Index (RSI) on the 14-day chart is 70.03, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.56, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.61%. Stochastics %K at 94.95% indicates the stock is a selling.
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.
