Insider Sale: CEO Lee Shavel Sells 2,000 Shares of Verisk Analytics Inc (VRSK)

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On August 16, 2024, Lee Shavel, CEO of Verisk Analytics Inc (VRSK, Financial), executed a sale of 2,000 shares of the company at a price of $267.39 per share. This transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 55,163 shares of Verisk Analytics Inc.

Verisk Analytics Inc (VRSK, Financial) is a leading data analytics and risk assessment firm that provides predictive analytics and decision support solutions to clients in the insurance, natural resources, financial services, and risk management sectors.

Over the past year, Lee Shavel has sold a total of 4,000 shares of Verisk Analytics Inc and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of more sales than purchases among insiders, with 21 insider sales and only 1 insider buy over the last year.

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As of the date of the insider's recent transaction, Verisk Analytics Inc had a market cap of approximately $38.34 billion. The stock's price-earnings ratio stood at 43.77, which is significantly higher than the industry median of 17.59. This indicates a premium valuation compared to its peers.

The GF Value of Verisk Analytics Inc is $265.13, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.01. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels regarding the company's current valuation and future prospects.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.