Verint Systems Inc. (NASDAQ:VRNT) CEO Dan Bodner Sells 44,335 Shares of Stock

Verint Systems Inc. (NASDAQ:VRNT) CEO Dan Bodner sold 44,335 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $30.09, for a total value of $1,334,040.15. Following the sale, the chief executive officer now directly owns 898,234 shares in the company, valued at $27,027,861.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, March 20th, Dan Bodner sold 33,472 shares of Verint Systems stock. The stock was sold at an average price of $31.29, for a total value of $1,047,338.88.
• On Friday, January 26th, Dan Bodner sold 68,372 shares of Verint Systems stock. The stock was sold at an average price of $30.00, for a total value of $2,051,160.00.

Verint Systems Stock Down 0.4 %

Shares of VRNT opened at $29.13 on Thursday. The business’s 50 day moving average is $31.16 and its 200 day moving average is $26.99. The company has a market capitalization of $1.82 billion, a PE ratio of 100.45, a price-to-earnings-growth ratio of 1.22 and a beta of 1.20. Verint Systems Inc. has a 12-month low of $18.41 and a 12-month high of $40.28. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.49.

Institutional Trading of Verint Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fort Washington Investment Advisors Inc. OH raised its stake in Verint Systems by 56.0% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 657,489 shares of the technology company’s stock valued at $17,772,000 after purchasing an additional 235,900 shares during the period. Massachusetts Financial Services Co. MA raised its stake 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 valued at $58,106,000 after purchasing an additional 154,285 shares during the period. DekaBank Deutsche Girozentrale raised its stake in Verint Systems by 276.4% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 128,667 shares of the technology company’s stock valued at $2,969,000 after purchasing an additional 94,483 shares during the period. Graham Capital Management L.P. bought a new stake in Verint Systems during the 3rd quarter valued at approximately $962,000. Finally, California Public Employees Retirement System increased its stake in Verint Systems by 7.0% in the 3rd quarter. California Public Employees Retirement System now owns 320,663 shares of the technology company’s stock worth $7,372,000 after acquiring an additional 20,981 shares during the last quarter. Institutional investors own 94.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on VRNT shares. Needham & Company LLC reissued a “buy” rating and issued a $40.00 target price on shares of Verint Systems in a research report on Thursday, March 28th. TheStreet raised Verint Systems from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th. Oppenheimer reissued 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 research note on Thursday, March 14th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 price objective on shares of Verint Systems in a research note on Thursday, March 28th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Verint Systems has a consensus rating of “Moderate Buy” and a consensus price target 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.