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Verisk Analytics VRSK - News Analyzed: 3,879 - Last Week: 100 - Last Month: 500

↑ Investment Activity Shifts as Verisk Analytics Shows Strong Earnings Despite Revenue Slip

Investment Activity Shifts as Verisk Analytics Shows Strong Earnings Despite Revenue Slip
Verisk Analytics, Inc., a data analytics provider, has recently seen a high level of activity with a variety of investment firms gaining, selling, and trading shares. Significant activity includes Franklin Resources Inc. and Toronto Dominion Bank acquiring shares, while Geode Capital Management LLC and Barclays PLC have reduced their position. Despite a slip in revenue, there's been a positive outlook for the company with BNP Paribas Financial Markets and Daiwa Securities Group Inc. lifting their stake. The company also saw strong earnings in Q2 and Q3 of 2024, exceeding expectations. However, it's important to note CEO Lee Shavel's recent sale of company shares. While the stock price has risen, the company has also had fluctuating performances compared to competitors. Despite the volatility, investors who started with Verisk five years ago would have seen a 100% gain. Lastly, Dorothy Kelly has been appointed as Vice President of Innovation, and the company has announced a tender offer for up to $400 million of its outstanding debt.

Verisk Analytics VRSK News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 14 Dec 2024 11:38:28 GMT - Rating 7 - Innovation 6 - Information 9 - Rumor -2

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