Verint Systems Inc. (NASDAQ:VRNT) CFO Douglas Robinson sold 4,901 shares of the company’s stock in a transaction on Wednesday, April 5th. The stock was sold at an average price of $42.48, for a total transaction of $208,194.48. Following the completion of the transaction, the chief financial officer now directly owns 148,655 shares of the company’s stock, valued at $6,314,864.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Thursday, April 13th, Douglas Robinson sold 2,409 shares of Verint Systems stock. The stock was sold at an average price of $39.19, for a total transaction of $94,408.71.
  • On Monday, April 10th, Douglas Robinson sold 3,503 shares of Verint Systems stock. The stock was sold at an average price of $40.60, for a total transaction of $142,221.80.
  • On Wednesday, January 11th, Douglas Robinson sold 3,070 shares of Verint Systems stock. The stock was sold at an average price of $36.81, for a total transaction of $113,006.70.

Shares of Verint Systems Inc. (NASDAQ:VRNT) traded down 0.25% on Friday, hitting $39.30. 445,759 shares of the company’s stock were exchanged. The firm’s market cap is $2.45 billion. The stock’s 50 day moving average is $40.11 and its 200 day moving average is $37.66. Verint Systems Inc. has a 12 month low of $31.43 and a 12 month high of $44.70.

Verint Systems (NASDAQ:VRNT) last posted its earnings results on Tuesday, March 28th. The technology company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.04. Verint Systems had a negative net margin of 1.90% and a positive return on equity of 10.01%. The firm earned $295.90 million during the quarter, compared to analyst estimates of $294.41 million. During the same period last year, the firm posted $0.90 earnings per share. Verint Systems’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, equities analysts predict that Verint Systems Inc. will post $2.71 earnings per share for the current year.

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

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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can raised its position in Verint Systems by 43.1% in the first quarter. Bank of Montreal Can now owns 3,080 shares of the technology company’s stock worth $134,000 after buying an additional 927 shares during the period. Solaris Asset Management LLC raised its position in Verint Systems by 1,012.5% in the third quarter. Solaris Asset Management LLC now owns 3,115 shares of the technology company’s stock worth $117,000 after buying an additional 2,835 shares during the period. Asset Management One Co. Ltd. acquired a new position in Verint Systems during the fourth quarter worth $136,000. Russell Investments Group Ltd. acquired a new position in Verint Systems during the fourth quarter worth $148,000. Finally, Atria Investments LLC acquired a new position in Verint Systems during the first quarter worth $210,000. 94.84% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada upped their target price on shares of Verint Systems from $37.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, March 29th. Deutsche Bank AG upped their target price on shares of Verint Systems from $34.00 to $40.00 and gave the company a “hold” rating in a report on Wednesday, March 29th. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and issued a $49.00 target price on shares of Verint Systems in a report on Thursday, March 30th. Zacks Investment Research cut shares of Verint Systems from a “hold” rating to a “sell” rating in a report on Tuesday, April 4th. Finally, Goldman Sachs Group Inc upped their target price on shares of Verint Systems from $44.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, March 29th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $42.43.

Verint Systems Company Profile

Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.

5 Day Chart for NASDAQ:VRNT

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