Verisk Analytics Q2 Beat: $4.25M in Insider Sales
Verisk Analytics posted Q2 2026 revenue of $806 million with 5.8% organic growth and a fourth consecutive EPS beat, while reaffirming full-year guidance. Net insider activity over the past 90 days tot
Verisk Analytics Q2 Beats, But CEO Sells Into Print
NEW YORK, August 17 —
Verisk Analytics, Inc. (VRSK) delivered its fourth consecutive earnings beat in Q2 2026 and reaffirmed full-year guidance, yet the stock trades at $181.67 today, below every insider sale price from the past 90 days, including two transactions by CEO Lee Shavel executed at $220 and $196.94 in the same week the quarter printed.
- Q2 revenue of $806 million grew 5.8% organically; adjusted EBITDA of $464 million grew 7.4% organically.
- CEO Shavel sold 6,035 shares totaling $1.25 million in open-market transactions within five days of the earnings call.
- VRSK at $181.67 sits below every insider's exit price; the analyst consensus target stands at $237.71.
The Beat's Fine Print
Verisk Analytics (VRSK), the data analytics company that serves property and casualty insurers through two segments, Underwriting (forms, loss costs, catastrophe modeling) and Claims (anti-fraud analytics, XactAI property estimation), has built a consistent beat streak: EPS of $1.72, $1.82, and $1.82 in the three prior quarters all cleared estimates, and Q2's $1.98 extended the run. The structure matters: 83% of Q2 revenue is subscription-based, growing 8% organically on price and new logos, while transactional revenue fell 4.2% organically. CFO Elizabeth Mann noted that strong insurance-linked securities activity lifted transactional revenue in Q2, a tailwind she said will not repeat in Q3.
The Selling Pattern
CEO Lee Shavel sold 2,500 shares at $220.00 on July 29, the date of the earnings call, and a further 3,535 shares at $196.94 five days later, the latter funded by a concurrent option exercise at $104.00 per share. Chief Legal Officer Kathy Card Beckles sold 2,020 shares at $195.49 on July 31; CFO Elizabeth Mann sold 400 shares at $192.11 on July 15. Net insider activity over 90 days totals $4.25 million in open-market sales against zero purchases, with VRSK now trading at $181.67, below every insider's exit price and the analyst consensus target of $237.71.
| Ticker | Mkt cap | Fwd P/E | 52-wk |
|---|---|---|---|
| VRSK | $23.8B | 20.9x | -31.6% |
| CDW | $17.4B | 11.7x | -15.9% |
| ALLE | $14.0B | 16.9x | -1.4% |
| AME | $58.4B | 28.3x | +39.5% |
| ROP | $39.5B | 16.4x | -25.0% |
| MTD | $28.4B | 27.5x | +8.2% |
Where the Q3 Story Turns
Full-year guidance of $3.19, $3.24 billion in revenue and $7.45, $7.75 in EPS remains intact, backed by $1.9 billion in first-half buybacks that cut the diluted share count by 6.8%. Two Q3 headwinds sit against that: the ILS lift from Q2 will not recur, and CFO Mann cited limited storm activity in June and July as a potential claims-volume drag in the second half. The AI story's next proof point is whether XactAI's 7,000 licensees, up nearly 10-fold since March, convert adoption into revenue; run the free Verisk Analytics, Inc. deep-dive and model the growth assumptions in the DCF calculator.
Basis Report is independent research for informational purposes. It is not investment advice and not a recommendation to buy or sell any security.
Frequently Asked Questions
What were Verisk Analytics Q2 2026 earnings results?
Verisk reported Q2 revenue of $806 million, up 5.8% organically, and adjusted EBITDA of $464 million, up 7.4% organically. EPS of $1.98 extended the company's consecutive beat streak to four quarters, with full-year guidance of $3.19 to $3.24 billion in revenue and $7.45 to $7.75 in EPS held intact.
Did Verisk Analytics insiders buy or sell stock after Q2?
Net insider activity over 90 days totals $4.25 million in open-market sales against zero purchases. CEO Lee Shavel sold 6,035 shares totaling $1.25 million on and just after the earnings call date, while Chief Legal Officer Kathy Card Beckles and CFO Elizabeth Mann also sold shares in the same period.
Why did Verisk Analytics CEO sell shares on earnings day?
Lee Shavel sold 2,500 shares at $220.00 on July 29, the date of the earnings call, and a further 3,535 shares at $196.94 five days later, the latter funded by a concurrent option exercise at $104.00 per share. VRSK now trades at $181.67, below both transactions.
What are the risks to Verisk Analytics Q3 2026 results?
CFO Elizabeth Mann flagged two Q3 headwinds. The insurance-linked securities activity that boosted transactional revenue in Q2 will not recur in Q3, and limited storm activity in June and July is a potential claims-volume drag for the second half of the year.
How does Verisk Analytics make money?
Verisk serves property and casualty insurers through two segments: Underwriting, which covers forms, loss costs, and catastrophe modeling, and Claims, which includes anti-fraud analytics and XactAI property estimation. As of Q2 2026, 83% of revenue is subscription-based, growing 8% organically on price and new logos, while transactional revenue declined 4.2% organically.
Verisk Analytics reported Q2 2026 revenue of $806 million and diluted adjusted EPS of $1.98 — its fourth consecutive earnings beat — while reaffirming full-year guidance. Days after the print, VRSK trades at $181.67, below every insider sale price from the past 90 days, including two transactions by the CEO executed at $220 and $196.94 in the week of the earnings call.