Verint Systems Inc. (NASDAQ:VRNT) CFO Grant A. Highlander Sells 2,062 Shares of Stock

Verint Systems Inc. (NASDAQ:VRNT) CFO Grant A. Highlander sold 2,062 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $30.09, for a total transaction of $62,045.58. Following the completion of the sale, the chief financial officer now owns 82,442 shares of the company’s stock, valued at approximately $2,480,679.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Verint Systems Stock Performance

Shares of NASDAQ:VRNT opened at $29.13 on Thursday. The business has a 50-day moving average of $31.16 and a two-hundred day moving average of $26.99. The firm has a market capitalization of $1.82 billion, a PE ratio of 100.45, a P/E/G ratio of 1.22 and a beta of 1.20. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.37 and a quick ratio of 1.34. Verint Systems Inc. has a 12 month low of $18.41 and a 12 month high of $40.28.

Institutional Trading of Verint Systems

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Verint Systems by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 7,182,580 shares of the technology company’s stock valued at $194,145,000 after buying an additional 73,592 shares in the last quarter. BlackRock Inc. raised its stake in shares of Verint Systems by 5.4% in the 1st quarter. BlackRock Inc. now owns 5,286,849 shares of the technology company’s stock valued at $196,882,000 after acquiring an additional 270,971 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Verint Systems by 15.8% during the 4th quarter. Victory Capital Management Inc. now owns 4,425,278 shares of the technology company’s stock valued at $160,549,000 after acquiring an additional 604,112 shares in the last quarter. RGM Capital LLC lifted its holdings in shares of Verint Systems by 1.4% during the 3rd quarter. RGM Capital LLC now owns 3,011,394 shares of the technology company’s stock valued at $69,232,000 after acquiring an additional 42,732 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in Verint Systems by 6.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,527,443 shares of the technology company’s stock worth $58,106,000 after purchasing an additional 154,285 shares during the period. Hedge funds and other institutional investors own 94.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VRNT shares. Oppenheimer reiterated a “market perform” rating on shares of Verint Systems in a research report on Thursday, March 28th. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a report on Thursday, March 14th. Needham & Company LLC reiterated a “buy” rating and set a $40.00 target price on shares of Verint Systems in a research report on Thursday, March 28th. TheStreet upgraded shares of Verint Systems from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Verint Systems in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $35.20.

Verint Systems Company Profile

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.