Shares of Verisk Analytics, Inc. (VRSK, Financial), a provider of data and analytics to insurance, healthcare and financial end markets, declined in the first quarter on reports of subdued fourth quarter results. Health care trends improved modestly in the period, although this was partially offset by slightly slower growth in the insurance business. The company is investing aggressively in its business to broaden and deepen its set of data and analytics. While this is weighing on margins in the near term, we are confident that this strategy will lead to sustained organic growth. (Neal Rosenberg)
From Baron Funds' first quarter 2014 letter to shareholders.
