Verisk Analytics, a prominent company listed on NASDAQ, has been drawing significant interest from various investors such as
Worldquant Millennium Advisors LLC,
Royal London Asset Management Ltd., and
Two Sigma Advisers LP, among others. Despite reported slips in revenues and underperformance on certain days, long-term investments in Verisk have proven profitable, producing a substantial gain of 100% over a five-year span. Over the year,
Verisk's stock has experienced a substantial increase, up 21%. However, several asset managers, including
Jacobs Levy Equity Management Inc. and
Bridgewater Associates LP, have pared down their stake in the company. The firm's Q3 2024 earnings call revealed robust revenue growth. Further, despite a pullback, it manages to sustain robust earnings with new investments by companies like
GSA Capital Partners LLP. The company is also aiming to strengthen its anti-fraud analytics segment with the appointment of Shane Riedman as President of the division. Nevertheless, concerns persist with CEO Lee Shavel recently divesting some of his shares and
Short Interest in Verisk growing by 46.2%.
Verisk Analytics VRSK News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 07 Dec 2024 14:01:52 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 4
