Verint Systems Inc. (VRNT) CFO Sells $236,165.02 in Stock

Verint Systems Inc. (NASDAQ:VRNT) CFO Douglas Robinson sold 3,757 shares of the business’s stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of $62.86, for a total value of $236,165.02. Following the sale, the chief financial officer now owns 170,878 shares of the company’s stock, valued at approximately $10,741,391.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Douglas Robinson also recently made the following trade(s):

  • On Tuesday, January 15th, Douglas Robinson sold 1,432 shares of Verint Systems stock. The stock was sold at an average price of $44.82, for a total value of $64,182.24.

NASDAQ:VRNT traded down $1.98 on Monday, hitting $61.83. 722,069 shares of the stock were exchanged, compared to its average volume of 474,034. The firm has a market capitalization of $4.17 billion, a PE ratio of 26.65, a P/E/G ratio of 2.09 and a beta of 1.20. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.52 and a quick ratio of 1.48. Verint Systems Inc. has a fifty-two week low of $39.96 and a fifty-two week high of $63.94.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings data on Wednesday, March 27th. The technology company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.08. Verint Systems had a return on equity of 12.77% and a net margin of 5.37%. The firm had revenue of $330.20 million during the quarter, compared to analyst estimates of $332.54 million. During the same quarter last year, the firm earned $1.05 EPS. Verint Systems’s quarterly revenue was up 3.6% on a year-over-year basis. As a group, research analysts anticipate that Verint Systems Inc. will post 2.75 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of VRNT. Enlightenment Research LLC acquired a new stake in Verint Systems during the 4th quarter valued at approximately $25,000. Quantamental Technologies LLC bought a new position in Verint Systems during the 4th quarter worth approximately $28,000. First Hawaiian Bank lifted its holdings in Verint Systems by 56.6% during the 4th quarter. First Hawaiian Bank now owns 1,146 shares of the technology company’s stock worth $48,000 after buying an additional 414 shares during the last quarter. Truvestments Capital LLC bought a new position in Verint Systems during the 1st quarter worth approximately $60,000. Finally, Psagot Investment House Ltd. lifted its holdings in Verint Systems by 123.7% during the 4th quarter. Psagot Investment House Ltd. now owns 5,512 shares of the technology company’s stock worth $137,000 after buying an additional 3,048 shares during the last quarter. Hedge funds and other institutional investors own 95.29% of the company’s stock.

Several research firms recently weighed in on VRNT. BidaskClub upgraded Verint Systems from a “hold” rating to a “buy” rating in a research note on Saturday, March 30th. Wedbush boosted their price objective on Verint Systems from $58.00 to $63.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. JPMorgan Chase & Co. set a $63.00 price objective on Verint Systems and gave the company an “overweight” rating in a research note on Thursday, March 28th. Jefferies Financial Group boosted their price objective on Verint Systems from $66.00 to $72.00 and gave the company a “positive” rating in a research note on Thursday. Finally, Zacks Investment Research cut Verint Systems from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 16th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $62.57.

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Verint Systems Company Profile

Verint Systems Inc provides actionable intelligence solutions and value-added services worldwide. Its Customer Engagement Solutions segment provides automated quality management, automated verification, branch surveillance and investigation, case management, chat engagement, coaching/learning, compliance recording, customer communities, desktop and process analytics, digital feedback, email engagement, employee desktop, enterprise feedback, financial compliance, full-time recording, gamification, identity analytics, internal communities, knowledge management, mobile workforce, performance management, robotic process automation, social analytics, speech and text analytics, virtual assistant, voice self-service, voice self-service fraud detection, Web/mobile self-service, work manager, and workforce management solutions.

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Insider Buying and Selling by Quarter for Verint Systems (NASDAQ:VRNT)

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