Verisk Analytics (NASDAQ:VRSK) Shares Gap Down - Here's Why

Verisk Analytics (NASDAQ:VRSK) shares gapped down by about 5% on Monday, opening at $180.90 after closing at $191.82, despite exceeding quarterly earnings expectations with $1.98 EPS and $806.3 million in revenue. The company also declared a quarterly dividend of $0.50 per share, while insiders sold 24,562 shares worth approximately $4.6 million over the past 90 days. The consensus analyst rating remains "Moderate Buy" with an average price target of $236.27.