Catawba Capital Management VA purchased a new stake in shares of Verint Systems Inc. (NASDAQ:VRNT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,815 shares of the technology company’s stock, valued at approximately $243,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its stake in shares of Verint Systems by 37.2% during the third quarter. Ameriprise Financial Inc. now owns 887,367 shares of the technology company’s stock valued at $37,137,000 after purchasing an additional 240,366 shares during the last quarter. Prudential Financial Inc. grew its stake in shares of Verint Systems by 409.7% during the third quarter. Prudential Financial Inc. now owns 255,164 shares of the technology company’s stock valued at $10,679,000 after purchasing an additional 205,100 shares during the last quarter. AHL Partners LLP boosted its stake in Verint Systems by 118.9% in the second quarter. AHL Partners LLP now owns 99,139 shares of the technology company’s stock valued at $4,035,000 after acquiring an additional 53,851 shares during the last quarter. Vanguard Group Inc. boosted its stake in Verint Systems by 1.0% in the second quarter. Vanguard Group Inc. now owns 5,160,308 shares of the technology company’s stock valued at $210,024,000 after acquiring an additional 50,136 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in Verint Systems by 5.3% in the second quarter. Teachers Advisors LLC now owns 508,241 shares of the technology company’s stock valued at $20,685,000 after acquiring an additional 25,561 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on VRNT shares. Zacks Investment Research raised shares of Verint Systems from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Saturday, December 23rd. Oppenheimer reaffirmed a “buy” rating and issued a $49.00 price objective on shares of Verint Systems in a research note on Thursday, September 28th. Finally, BidaskClub raised shares of Verint Systems from a “sell” rating to a “hold” rating in a research note on Thursday, December 21st. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $47.50.

Verint Systems Inc. (VRNT) opened at $43.25 on Friday. Verint Systems Inc. has a 52 week low of $35.90 and a 52 week high of $44.70. The stock has a market cap of $2,760.00, a P/E ratio of -173.00, a price-to-earnings-growth ratio of 2.39 and a beta of 1.26. The company has a quick ratio of 1.63, a current ratio of 1.67 and a debt-to-equity ratio of 0.71.

Verint Systems (NASDAQ:VRNT) last announced its quarterly earnings data on Wednesday, December 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.32. Verint Systems had a negative net margin of 1.41% and a positive return on equity of 9.90%. The firm had revenue of $280.70 million for the quarter, compared to analysts’ expectations of $282.01 million. During the same period last year, the firm earned $0.59 earnings per share. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. equities research analysts predict that Verint Systems Inc. will post 1.82 EPS for the current year.

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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.

Institutional Ownership by Quarter for Verint Systems (NASDAQ:VRNT)

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