Insider Trading: Scott Stephenson Unloaded 64,063 Shares of Verisk Analytics, Inc. (VRSK); Noble Energy (NBL)’s Sentiment Is 0.89

May 16, 2018 - By Danny Collins

Verisk Analytics, Inc. (NASDAQ:VRSK) Logo

Sentiment for Noble Energy Inc (NBL)

Noble Energy Inc (NBL) investors sentiment decreased to 0.89 in 2017 Q4. It’s down -0.13, from 1.02 in 2017Q3. The ratio has dropped, as 190 hedge funds increased and started new holdings, while 213 cut down and sold holdings in Noble Energy Inc. The hedge funds in our database now have: 456.50 million shares, up from 448.27 million shares in 2017Q3. Also, the number of hedge funds holding Noble Energy Inc in top ten holdings decreased from 8 to 7 for a decrease of 1. Sold All: 44 Reduced: 169 Increased: 136 New Position: 54.

Carval Investors Llc holds 18.95% of its portfolio in Noble Energy, Inc. for 200,000 shares. Ares Management Llc owns 9.96 million shares or 9.24% of their US portfolio. Moreover, Oslo Asset Management As has 7.12% invested in the company for 666,173 shares. The Texas-based Caymus Capital Partners L.P. has invested 5.01% in the stock. Mitchell Group Inc, a Texas-based fund reported 942,971 shares.

Ratings analysis reveals 50% of Noble Energy’s analysts are positive. Out of 2 Wall Street analysts rating Noble Energy, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $38.0 while the high is $44.0. The stock’s average target of $41 is 15.25% above today’s ($35.575) share price. NBL was included in 2 notes of analysts from October 14, 2016. On Friday, October 14 the stock rating was initiated by Mizuho with “Buy”. The company was downgraded on Thursday, November 17 by Seaport Global Securities.

Since January 1, 0001, it had 1 insider purchase, and 7 sales for $6.24 million activity.

The stock increased 0.75% or $0.265 during the last trading session, reaching $35.575. About 1.11 million shares traded. Noble Energy, Inc. (NBL) has declined 8.04% since May 16, 2017 and is downtrending. It has underperformed by 19.59% the S&P500.

More recent Noble Energy, Inc. (NYSE:NBL) news were published by: Globenewswire.com which released: “New Research Coverage Highlights Ellie Mae, Micron Technology, Applied Optoelectronics, Acadia Realty Trust …” on May 16, 2018. Also Globenewswire.com published the news titled: “Noble Energy Announces Increase to Its Quarterly Dividend” on April 23, 2018. Globenewswire.com‘s news article titled: “Noble Energy Announces First Quarter 2018 Results” with publication date: May 01, 2018 was also an interesting one.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids worldwide. The company has market cap of $17.13 billion. The Company’s principal projects are located in onshore DJ Basin, Eagle Ford Shale, Permian Basin, and Marcellus Shale, the United States; deepwater Gulf of Mexico; Eastern Mediterranean, including offshore Israel and Cyprus; West Africa, including offshore Equatorial Guinea; and offshore the Falkland Islands, Suriname, and Newfoundland. It currently has negative earnings. As of December 31, 2016, the firm had approximately 1,437 million barrels oil equivalent of total proved reserves.

Analysts await Noble Energy, Inc. (NYSE:NBL) to report earnings on August, 2. They expect $0.22 EPS, up 340.00% or $0.17 from last year’s $0.05 per share. NBL’s profit will be $105.90 million for 40.43 P/E if the $0.22 EPS becomes a reality. After $0.35 actual EPS reported by Noble Energy, Inc. for the previous quarter, Wall Street now forecasts -37.14% negative EPS growth.

More notable recent Verisk Analytics, Inc. (NASDAQ:VRSK) news were published by: Globenewswire.com which released: “Verisk 3E Expands Global Footprint with New Beijing Office” on May 09, 2018, also Seekingalpha.com with their article: “Wall Street Breakfast: Clock Ticks Down For New NAFTA” published on May 16, 2018, Streetinsider.com published: “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More..)” on May 15, 2018. More interesting news about Verisk Analytics, Inc. (NASDAQ:VRSK) were released by: Seekingalpha.com and their article: “Verisk Analytics (VRSK) Q1 2018 Results – Earnings Call Transcript” published on May 02, 2018 as well as Globenewswire.com‘s news article titled: “Hyundai Joins the Verisk Data Exchange” with publication date: April 17, 2018.

Investors sentiment increased to 1.08 in 2017 Q4. Its up 0.05, from 1.03 in 2017Q3. It improved, as 28 investors sold Verisk Analytics, Inc. shares while 156 reduced holdings. 68 funds opened positions while 131 raised stakes. 144.47 million shares or 3.50% less from 149.72 million shares in 2017Q3 were reported. Arizona State Retirement Systems holds 0.09% of its portfolio in Verisk Analytics, Inc. (NASDAQ:VRSK) for 95,766 shares. Ameriprise Financial holds 0.01% or 185,933 shares. Amundi Pioneer Asset Mgmt has invested 0.05% in Verisk Analytics, Inc. (NASDAQ:VRSK). Hanson Mcclain stated it has 6 shares. Vanguard Group Inc Incorporated reported 15.70M shares. Price T Rowe Assoc Md invested 0.1% in Verisk Analytics, Inc. (NASDAQ:VRSK). Employees Retirement System Of Ohio invested in 155,017 shares. State Of Wisconsin Invest Board reported 275,261 shares. Moreover, Farmers & Merchants Invests has 0% invested in Verisk Analytics, Inc. (NASDAQ:VRSK). Peak6 Investments L P owns 1,752 shares. Natixis stated it has 25,841 shares. Schwab Charles accumulated 637,201 shares. Private Advisor Gru Lc holds 0.16% or 38,272 shares in its portfolio. Bb&T Ltd has 0.1% invested in Verisk Analytics, Inc. (NASDAQ:VRSK). Oppenheimer Asset Management Inc accumulated 57,903 shares.

Verisk Analytics, Inc. provides data analytics solutions for clients in the insurance, natural resources, healthcare, financial services, and risk management markets in the United States and internationally. The company has market cap of $17.35 billion. The companyÂ’s Risk Assessment segment offers solutions to property and casualty insurance clients and focuses on prediction of loss, and selection and pricing of risk. It has a 31.9 P/E ratio. The Company’s solutions include industry-standard insurance programs that help P&C insurers in defining coverage and issue policies; actuarial services to help its clients analyze and price their risks; and customized services that include assisting with the development of independent insurance programs, analysis of their own underwriting experience, development of classification systems and rating plans, and other business decisions, as well as supplies information to various clients in other markets.

As discovered in an electronic form that was submitted to the Security Exchange Commission on 15/05/2018, Scott Stephenson, CEO and President of Verisk Analytics Inc and a well informed person, unloaded 64,063 shares of the firm for a grant total of $6,719,568 U.S. Dollars at average stock price per share of $104.9. Scott Stephenson now holds 574,838 shares which are equivalent to about 0.35% of the New Jersey-based company’s total market cap.

The stock decreased 0.08% or $0.08 during the last trading session, reaching $104.96. About 362,756 shares traded. Verisk Analytics, Inc. (NASDAQ:VRSK) has risen 27.59% since May 16, 2017 and is uptrending. It has outperformed by 16.04% the S&P500.

Among 20 analysts covering Verisk Analytics (NASDAQ:VRSK), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Verisk Analytics has $118.0 highest and $70 lowest target. $98.75’s average target is -5.92% below currents $104.96 stock price. Verisk Analytics had 51 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, November 2 the stock rating was maintained by Barclays Capital with “Overweight”. Morgan Stanley maintained Verisk Analytics, Inc. (NASDAQ:VRSK) rating on Wednesday, January 31. Morgan Stanley has “Equal-Weight” rating and $106 target. Susquehanna downgraded the stock to “Neutral” rating in Wednesday, February 15 report. The stock of Verisk Analytics, Inc. (NASDAQ:VRSK) has “Hold” rating given on Sunday, December 10 by RBC Capital Markets. UBS downgraded the shares of VRSK in report on Tuesday, July 21 to “Sell” rating. On Tuesday, October 31 the stock rating was maintained by SunTrust with “Hold”. The stock of Verisk Analytics, Inc. (NASDAQ:VRSK) earned “Buy” rating by Keefe Bruyette & Woods on Friday, December 1. As per Tuesday, July 11, the company rating was maintained by BMO Capital Markets. The rating was maintained by Robert W. Baird on Thursday, December 7 with “Buy”. SunTrust downgraded the stock to “Hold” rating in Thursday, August 3 report.

Noble Energy, Inc. (NYSE:NBL) Institutional Positions Chart