Verint Systems Inc. (NASDAQ:VRNT - Get Free Report) CEO Dan Bodner sold 35,039 shares of the company's stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $30.00, for a total transaction of $1,051,170.00. Following the sale, the chief executive officer now directly owns 991,748 shares of the company's stock, valued at $29,752,440. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Dan Bodner also recently made the following trade(s):
- On Monday, April 15th, Dan Bodner sold 44,335 shares of Verint Systems stock. The stock was sold at an average price of $30.09, for a total transaction of $1,334,040.15.
- On Wednesday, March 20th, Dan Bodner sold 33,472 shares of Verint Systems stock. The shares were sold at an average price of $31.29, for a total transaction of $1,047,338.88.
- On Friday, January 26th, Dan Bodner sold 68,372 shares of Verint Systems stock. The shares were sold at an average price of $30.00, for a total transaction of $2,051,160.00.
Verint Systems Stock Performance
Shares of Verint Systems stock opened at $30.35 on Wednesday. The firm has a market cap of $1.89 billion, a PE ratio of 104.66, a price-to-earnings-growth ratio of 1.23 and a beta of 1.20. The firm's 50-day simple moving average is $31.01 and its 200-day simple moving average is $27.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.34 and a current ratio of 1.37. Verint Systems Inc. has a 1 year low of $18.41 and a 1 year high of $40.28.
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Verint Systems (NASDAQ:VRNT - Get Free Report) last issued its earnings results on Wednesday, March 27th. The technology company reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.04. The business had revenue of $265.22 million for the quarter, compared to analyst estimates of $261.45 million. Verint Systems had a net margin of 4.24% and a return on equity of 16.60%. Equities analysts forecast that Verint Systems Inc. will post 1.97 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on VRNT shares. Oppenheimer reissued a "market perform" rating on shares of Verint Systems in a research report on Thursday, March 28th. Needham & Company LLC reissued a "buy" rating and issued a $40.00 price objective on shares of Verint Systems in a research report on Thursday, March 28th. StockNews.com raised shares of Verint Systems from a "hold" rating to a "buy" rating in a research report on Thursday, March 14th. Royal Bank of Canada reissued an "outperform" rating and issued a $36.00 price objective on shares of Verint Systems in a research report on Thursday, March 28th. Finally, TheStreet raised shares of Verint Systems from a "d+" rating to a "c-" rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $35.20.
View Our Latest Stock Report on VRNT
Institutional Investors Weigh In On Verint Systems
Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its stake in Verint Systems by 764.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,037 shares of the technology company's stock worth $28,000 after acquiring an additional 917 shares during the period. CWM LLC raised its stake in Verint Systems by 241.8% during the third quarter. CWM LLC now owns 1,309 shares of the technology company's stock worth $30,000 after acquiring an additional 926 shares during the period. NBC Securities Inc. acquired a new stake in Verint Systems during the first quarter worth about $42,000. Quest Partners LLC acquired a new stake in Verint Systems during the fourth quarter worth about $68,000. Finally, Headlands Technologies LLC acquired a new stake in Verint Systems during the third quarter worth about $117,000. Institutional investors and hedge funds own 94.95% of the company's stock.
Verint Systems Company Profile
(
Get Free Report)
Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions.
Further Reading
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