Verisk Analytics (
) is a provider of risk assessment solutions to professionals in
insurance, healthcare, mortgage lending, government, risk
management, and human resources. Verisk Analytic has a market cap
of $7.7 billion; its shares were traded at around $47.28 with a
P/E ratio of 25.6 and P/S ratio of 5.8.
On June 5, 2012, chairman and CEO of Verisk Analytics Frank J.
Coyne sold 100,000 shares at an average price of $46.36. The
total transaction amount is $4,636,000.
Before Coyne came to Verisk Analytics, he worked at Kemper
Insurance Companies as executive vice president-specialty and
risk management groups. In February 1999, he joined the company's
ISO subsidiary as president and chief operating officer. He was
elected president and chief executive officer on July 1, 2000,
and became chairman two years later.
Mr. Coyne has also sold 400,000 shares of VRSK stock during April
and May. EVP and CFO Mark V. Anquillare sold 180,000 shares from
January to May. During May and the beginning of June, directors
and officers of Verisk Analytics have sold shares of VRSK stock.
As of March 31, GuruFocus guru Ruane Cunniff, who has kept his
positions in VRSK unchanged or slightly adjusted, owns 69,803
shares. Ron Baron has also kept his position unchanged or
slightly adjusted. He owns 4,486,409 shares as of March 31, 2012.
Warren Buffett owns 2,230,148 shares since the first quarter,
ended March 31, a 35.26% decrease from the previous quarter.
On May 1, Verisk Analytics Inc. announced results for the 2012
first quarter ended March 31, 2012. For the first quarter, the
company reported net income of $74.6 million. Total revenue was
announced to be $346.5 million, an increase from the $312.9
million from the 2011 first quarter.
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