Verint Systems Inc. (NASDAQ:VRNT) CEO Dan Bodner Sells 33,472 Shares

Verint Systems Inc. (NASDAQ:VRNTGet Free Report) CEO Dan Bodner sold 33,472 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $31.29, for a total transaction of $1,047,338.88. Following the completion of the transaction, the chief executive officer now directly owns 860,630 shares in the company, valued at approximately $26,929,112.70. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Dan Bodner also recently made the following trade(s):

  • 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 Trading Down 2.1 %

Shares of VRNT stock opened at $30.94 on Friday. The company has a 50 day moving average of $30.45 and a 200-day moving average of $26.16. The company has a quick ratio of 1.33, a current ratio of 1.36 and a debt-to-equity ratio of 0.51. Verint Systems Inc. has a 12-month low of $18.41 and a 12-month high of $40.28. The firm has a market cap of $1.95 billion, a P/E ratio of 773.69, a PEG ratio of 1.34 and a beta of 1.20.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Verint Systems in a research report on Thursday, December 14th. TheStreet upgraded shares of Verint Systems from a “d+” rating to a “c-” rating in a research note on Wednesday, February 14th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Verint Systems in a research note on Tuesday, January 16th. Finally, StockNews.com upgraded shares of Verint Systems from a “hold” rating to a “buy” rating in a research note on Thursday, March 14th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Verint Systems currently has a consensus rating of “Moderate Buy” and an average target price of $35.20.

View Our Latest Analysis on VRNT

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its holdings in Verint Systems by 764.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,037 shares of the technology company’s stock worth $28,000 after buying an additional 917 shares during the period. Vanguard Group Inc. boosted its holdings in Verint Systems by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 7,182,580 shares of the technology company’s stock worth $194,145,000 after buying an additional 73,592 shares during the period. Wellington Management Group LLP bought a new position in Verint Systems in the 4th quarter worth approximately $34,172,000. Goldman Sachs Group Inc. boosted its holdings in Verint Systems by 122.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 419,211 shares of the technology company’s stock worth $11,331,000 after buying an additional 230,778 shares during the period. Finally, Virtu Financial LLC bought a new position in Verint Systems in the 4th quarter worth approximately $243,000.

Verint Systems Company Profile

(Get Free Report)

Verint Systems Inc provides customer engagement solutions worldwide. It offers various applications for use in Forecasting and Scheduling, which understands the work needed to meet and exceed customer expectations; Quality and Compliance that uses automation and analytics for customer interactions for attended and self-service channels; Interaction Insights, which extracts insights from structured and unstructured customer interactions and activities; Real-Time Work that supports in-the-moment workforce activities; Engagement Channels, an application for messaging, social, chat, email, and interactive voice response; Conversational AI, an intelligent virtual assistant application to enable human-like conversations across every channel; Knowledge Management, which enables humans and bots to deliver service with tools.

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