Verint Systems Inc. (NASDAQ:VRNT – Get Free Report) CFO Grant A. Highlander sold 3,389 shares of Verint Systems stock in a transaction on Monday, September 16th. The stock was sold at an average price of $25.85, for a total transaction of $87,605.65. Following the sale, the chief financial officer now directly owns 131,267 shares of the company’s stock, valued at $3,393,251.95. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Verint Systems Trading Down 0.4 %
Shares of VRNT stock opened at $26.10 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.41 and a quick ratio of 1.36. The business has a 50-day moving average of $31.58 and a 200 day moving average of $31.66. The stock has a market capitalization of $1.62 billion, a PE ratio of 54.38, a P/E/G ratio of 1.12 and a beta of 1.24. Verint Systems Inc. has a 1-year low of $18.41 and a 1-year high of $38.17.
Verint Systems (NASDAQ:VRNT – Get Free Report) last released its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.04). Verint Systems had a net margin of 6.78% and a return on equity of 16.17%. The company had revenue of $210.17 million for the quarter, compared to analysts’ expectations of $212.81 million. During the same period last year, the company posted $0.22 EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Verint Systems Inc. will post 1.97 earnings per share for the current year.
Analyst Ratings Changes
View Our Latest Stock Report on Verint Systems
Institutional Investors Weigh In On Verint Systems
A number of large investors have recently added to or reduced their stakes in VRNT. Vanguard Group Inc. raised its stake in shares of Verint Systems by 2.6% during the first quarter. Vanguard Group Inc. now owns 7,367,685 shares of the technology company’s stock valued at $244,239,000 after acquiring an additional 185,105 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Verint Systems by 5.9% during the 2nd quarter. Victory Capital Management Inc. now owns 4,143,227 shares of the technology company’s stock valued at $133,412,000 after purchasing an additional 232,499 shares during the period. Dimensional Fund Advisors LP increased its holdings in Verint Systems by 4.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,918,925 shares of the technology company’s stock valued at $61,792,000 after purchasing an additional 73,441 shares during the period. Wellington Management Group LLP bought a new position in Verint Systems during the 4th quarter valued at approximately $34,172,000. Finally, Global Alpha Capital Management Ltd. lifted its holdings in Verint Systems by 23.3% in the 1st quarter. Global Alpha Capital Management Ltd. now owns 968,303 shares of the technology company’s stock worth $32,099,000 after buying an additional 182,800 shares during the period. Institutional investors own 94.95% of the company’s stock.
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.
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