The asset management firm, Xponance Inc., has reduced its holdings in Verisk Analytics Inc. (NASDAQ:VRSK). Verisk has formed a partnership with OneClick to enhance insurance claims solutions. The company's insider selling has sparked concern, but some see it as a buying opportunity due to its strong growth stock potential. Verisk recently acquired Nasdaq Risk Modelling for Catastrophes, allowing for the further expansion of its global extreme event risk assessment ecosystem.
Recent SEC filings show various insiders, including Kathy Beckles and Elizabeth Mann, have been selling shares of Verisk. Regardless, some financial analysts believe Verisk may benefit from its defensive qualities, considering it as a potential recession-resistant and strong momentum stock. They also expect earnings to grow based on Q1 financial results and strong revenue growth highlighted in their earnings calls. However, Verisk Analytics faces potential shareholder activism following a 3% dip in the company's stock.
Verisk’s recent strategic moves like the announcement of new fiscal results and a solid growth outlook have led many analysts and hedge funds to consider it among the best stocks in the consulting sector. The company seems to be leveraging AI-driven energy and insurance infrastructure, creating a positive moment in the long-term.
Verisk Analytics VRSK News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Sat, 12 Jul 2025 10:12:51 GMT - Rating 4 - Innovation 3 - Information 3 - Rumor 2
