Verint Systems (VRNT) Shares Sold by Raymond James & Associates

Raymond James & Associates decreased its stake in shares of Verint Systems (NASDAQ:VRNT) by 3.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 47,542 shares of the technology company’s stock after selling 1,586 shares during the period. Raymond James & Associates owned 0.07% of Verint Systems worth $1,990,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Alliancebernstein L.P. boosted its holdings in shares of Verint Systems by 5.0% during the 4th quarter. Alliancebernstein L.P. now owns 2,829,874 shares of the technology company’s stock worth $118,430,000 after buying an additional 134,079 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Verint Systems by 9.6% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,158,174 shares of the technology company’s stock worth $90,320,000 after buying an additional 188,644 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Verint Systems by 7.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,449,518 shares of the technology company’s stock worth $60,663,000 after buying an additional 96,051 shares during the period. American Capital Management Inc. boosted its holdings in shares of Verint Systems by 23.7% during the 4th quarter. American Capital Management Inc. now owns 1,431,899 shares of the technology company’s stock worth $59,925,000 after buying an additional 274,094 shares during the period. Finally, Jennison Associates LLC boosted its holdings in Verint Systems by 1.0% in the 4th quarter. Jennison Associates LLC now owns 988,713 shares of the technology company’s stock valued at $41,378,000 after purchasing an additional 9,445 shares during the period. 95.40% of the stock is owned by institutional investors and hedge funds.

NASDAQ VRNT opened at $40.80 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.55 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $2,617.28, a price-to-earnings ratio of 23.05, a price-to-earnings-growth ratio of 1.92 and a beta of 1.01. Verint Systems has a 12-month low of $37.05 and a 12-month high of $44.55.



Verint Systems (NASDAQ:VRNT) last posted its quarterly earnings data on Wednesday, March 28th. The technology company reported $1.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.05. The firm had revenue of $318.73 million during the quarter, compared to the consensus estimate of $313.98 million. Verint Systems had a negative net margin of 0.58% and a positive return on equity of 10.57%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.90 EPS. research analysts forecast that Verint Systems will post 2.14 EPS for the current fiscal year.

VRNT has been the subject of a number of recent research reports. Oppenheimer reissued a “buy” rating and issued a $49.00 price objective on shares of Verint Systems in a report on Wednesday, December 20th. BidaskClub raised shares of Verint Systems from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. Zacks Investment Research raised shares of Verint Systems from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Saturday, December 23rd. Finally, Royal Bank of Canada boosted their price objective on shares of Verint Systems from $48.00 to $50.00 and gave the company a “positive” rating in a report on Thursday, March 29th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $47.83.

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About Verint Systems

Verint Systems Inc provides actionable intelligence solutions and value-added services worldwide. Its Customer Engagement Solutions segment provides voice of the customer solutions, including interaction analytics, enterprise feedback, and digital feedback; workforce optimization solutions, such as intelligent recording, analytics-driven quality, coaching/learning, workforce management, work allocation, desktop and process analytics, robotic process automation, and performance management; employee engagement solutions comprising workforce optimization, knowledge management, employee desktop, case management, internal communities, gamification, mobile workforce apps, and voice of the employee; engagement channel solutions consisting of Web/mobile self-service, voice self-service, customer communities, email/secure messaging, Web chat, co-browse, mobile messaging, and social engagement; and security, fraud, and compliance solutions, including compliance recording, fraud and identity analytics, trading compliance, branch surveillance and investigation, and public safety compliance.

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

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