BlackRock Amends Verisk Analytics Stake, Passive Investment Maintained

Ticker: VRSK · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investment, amendment

TL;DR

**BlackRock updated its Verisk Analytics stake, still a major passive holder.**

AI Summary

BlackRock, Inc. filed an amended SC 13G/A on January 25, 2024, indicating its ownership of Verisk Analytics, Inc. common stock as of December 31, 2023. This filing, Amendment No. 8, updates BlackRock's passive investment position in Verisk Analytics. This matters to investors because BlackRock is a major institutional investor, and changes in its reported holdings can signal its ongoing confidence (or lack thereof) in the company, potentially influencing other investors.

Why It Matters

This filing shows BlackRock's updated, significant, but passive ownership in Verisk Analytics, Inc., which can influence market perception and investor confidence in the stock.

Risk Assessment

Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in company control.

Analyst Insight

Investors should note BlackRock's continued passive interest in Verisk Analytics, but this filing alone doesn't suggest any immediate buy or sell action. It's a routine update confirming a major institutional holder's position.

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this and what does it generally indicate?

This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It generally indicates that a passive institutional investor, like BlackRock, is updating its ownership position in a company, in this case, Verisk Analytics, Inc., as of a specific date.

Who is the reporting person in this filing?

The reporting person is BlackRock, Inc., identified by its Central Index Key (CIK) 0001364742 and business address at 50 Hudson Yards, New York, NY.

Which company's securities are the subject of this filing?

The subject company is Verisk Analytics, Inc., identified by its CIK 0001442145 and business address at 545 Washington Boulevard, Jersey City, NJ.

What was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as stated in the filing.

What rule under the Securities Exchange Act of 1934 is BlackRock filing under?

BlackRock, Inc. is filing under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)' on the cover page.

From the Filing

0001086364-24-003233.txt : 20240125 0001086364-24-003233.hdr.sgml : 20240125 20240125134849 ACCESSION NUMBER: 0001086364-24-003233 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Verisk Analytics, Inc. CENTRAL INDEX KEY: 0001442145 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 262994223 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85046 FILM NUMBER: 24561001 BUSINESS ADDRESS: STREET 1: 545 WASHINGTON BOULEVARD CITY: JERSEY CITY STATE: NJ ZIP: 07310-1686 BUSINESS PHONE: 201-469-2000 MAIL ADDRESS: STREET 1: 545 WASHINGTON BOULEVARD CITY: JERSEY CITY STATE: NJ ZIP: 07310-1686 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us92345y1064_012524.txt us92345y1064_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 8) VERISK ANALYTICS INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 92345Y106 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 92345Y106 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 11940928 (6) Shared voting power 0 (7) Sole dispositive power 12991667 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 12991667 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 9.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- VERISK ANALYTICS INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 545 WASHINGTON BOULEVARD JERSEY CITY NJ 07310-1686 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, i

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