NEOS Investment Management LLC significantly increased its stake in Verisk Analytics (NASDAQ:VRSK) by 77% in the third quarter, bringing its total holdings to 59,083 shares valued at approximately $14.86 million. This increase contributes to the roughly 90% institutional ownership of the stock, despite recent price target cuts and “Hold” ratings from Wall Street analysts, who have an average target of $264.21 compared to the current trading price around $177.30. Meanwhile, CFO Elizabeth Mann reduced her personal holdings by selling 300 shares, and corporate insiders collectively own only about 0.46% of the company.
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Verisk Analytics, Inc. $VRSK Shares Bought by NEOS Investment Management LLC
NEOS Investment Management LLC significantly increased its stake in Verisk Analytics (NASDAQ:VRSK) by 77% in the third quarter, bringing its total holdings to 59,083 shares valued at approximately $14.86 million. This increase contributes to the roughly 90% institutional ownership of the stock, despite recent price target cuts and “Hold” ratings from Wall Street analysts, who have an average target of $264.21 compared to the current trading price around $177.30. Meanwhile, CFO Elizabeth Mann reduced her personal holdings by selling 300 shares, and corporate insiders collectively own only about 0.46% of the company.