Verisk Analytics Inc’s recently made public that its Officer Shavel Lee acquired Company’s shares for reported $0.29 million on Nov 15 ’24. In the deal valued at $286.49 per share,1,000 shares were bought.
Then, Mann Elizabeth bought 200 shares, generating $57,298 in total proceeds.
Before that, Mann Elizabeth sold 200 shares. Verisk Analytics Inc shares valued at $54,266 were divested by the Chief Financial Officer at a price of $271.33 per share. As a result of the transaction, Mann Elizabeth now holds 15,808 shares, worth roughly $4.44 million.
A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid August with a ‘”an Overweight”‘ rating. BofA Securities also remained covering VRSK and has decreased its forecast on January 08, 2024 with a “Neutral” recommendation from previously “Buy” rating. Deutsche Bank revised its rating on December 08, 2023. It rated VRSK as “a Hold” which previously was an “a Buy”.
Price Performance Review of VRSK
On Friday, Verisk Analytics Inc [NASDAQ:VRSK] saw its stock fall -1.86% to $280.80. Over the last five days, the stock has lost -1.47%. Verisk Analytics Inc shares have risen nearly 17.56% since the year began. Nevertheless, the stocks have risen 18.09% over the past one year. While a 52-week high of $291.42 was reached on 11/13/24, a 52-week low of $217.34 was recorded on 04/30/24. SMA at 50 days reached $271.31, while 200 days put it at $257.06.
Levels Of Support And Resistance For VRSK Stock
The 24-hour chart illustrates a support level at 278.46, which if violated will result in even more drops to 276.13. On the upside, there is a resistance level at 284.81. A further resistance level may holdings at 288.83. The Relative Strength Index (RSI) on the 14-day chart is 56.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.60, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.06%. Stochastics %K at 80.98% indicates the stock is a selling.
How much short interest is there in Verisk Analytics Inc?
A steep rise in short interest was recorded in Verisk Analytics Inc stocks on 2024-10-31, dropping by -0.12 million shares to a total of 1.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.94 million shares. There was a decline of -6.43%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 30, 2023 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $230 price target.
