Verint Systems Inc. (NASDAQ:VRNT) CFO Douglas Robinson sold 2,791 shares of the company’s stock in a transaction on Wednesday, September 15th. The stock was sold at an average price of $44.17, for a total transaction of $123,278.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Douglas Robinson also recently made the following trade(s):
- On Monday, June 28th, Douglas Robinson sold 2,454 shares of Verint Systems stock. The stock was sold at an average price of $45.12, for a total transaction of $110,724.48.
NASDAQ VRNT traded up $0.05 on Thursday, hitting $44.77. 551,099 shares of the stock were exchanged, compared to its average volume of 993,036. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.44. Verint Systems Inc. has a fifty-two week low of $22.83 and a fifty-two week high of $52.70. The company has a market cap of $2.93 billion, a PE ratio of -165.81, a PEG ratio of 2.17 and a beta of 0.86. The company has a 50-day moving average price of $43.18 and a 200-day moving average price of $45.38.
A number of institutional investors have recently made changes to their positions in the business. Dark Forest Capital Management LP purchased a new position in shares of Verint Systems in the 2nd quarter valued at about $29,000. Altshuler Shaham Ltd acquired a new stake in Verint Systems in the 1st quarter valued at about $58,000. Jacobi Capital Management LLC acquired a new stake in shares of Verint Systems during the 1st quarter worth about $73,000. William Blair Investment Management LLC acquired a new stake in shares of Verint Systems during the 2nd quarter worth about $89,000. Finally, Cornerstone Investment Partners LLC acquired a new stake in shares of Verint Systems during the 2nd quarter worth about $226,000.
Several equities research analysts have weighed in on the stock. Cowen began coverage on shares of Verint Systems in a research note on Wednesday, September 1st. They issued an “outperform” rating and a $75.00 target price for the company. Needham & Company LLC restated a “buy” rating and set a $61.00 price target on shares of Verint Systems in a research report on Friday, September 10th. Zacks Investment Research lowered shares of Verint Systems from a “buy” rating to a “hold” rating in a research report on Thursday, June 3rd. Finally, Evercore ISI initiated coverage on shares of Verint Systems in a research report on Wednesday, June 2nd. They issued an “outperform” rating and a $75.00 target price on the stock. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $65.38.
About Verint Systems
Verint Systems, Inc engages in providing actionable intelligence. It operates through the following segments: Customer Engagement Solutions and Cyber Intelligence Solutions. The Customer Engagement segment includes customer-centric organizations optimize customer engagement, increase customer loyalty, and maximize revenue opportunities, while generating operational efficiencies, reducing cost, and mitigating risk.
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