Verint Systems Inc. (NASDAQ:VRNT – Get Free Report) President Elan Moriah sold 14,353 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $32.62, for a total value of $468,194.86. Following the completion of the sale, the president now directly owns 79,953 shares in the company, valued at approximately $2,608,066.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Verint Systems Stock Performance
Shares of VRNT stock opened at $31.02 on Thursday. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average price of $31.05 and a 200 day moving average price of $26.53. The company has a market cap of $1.94 billion, a P/E ratio of 106.97, a PEG ratio of 1.38 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.
Hedge Funds Weigh In On Verint Systems
A number of institutional investors and hedge funds have recently modified their holdings of the company. Gotham Asset Management LLC grew its stake in shares of Verint Systems by 2.5% during the first quarter. Gotham Asset Management LLC now owns 13,245 shares of the technology company’s stock worth $493,000 after purchasing an additional 329 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Verint Systems by 3.2% during the fourth quarter. AQR Capital Management LLC now owns 11,324 shares of the technology company’s stock worth $411,000 after purchasing an additional 355 shares in the last quarter. Pathstone Family Office LLC grew its stake in shares of Verint Systems by 4.5% during the fourth quarter. Pathstone Family Office LLC now owns 9,277 shares of the technology company’s stock worth $337,000 after purchasing an additional 397 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in Verint Systems by 14.5% in the first quarter. Great West Life Assurance Co. Can now owns 3,456 shares of the technology company’s stock valued at $190,000 after acquiring an additional 438 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Verint Systems by 0.7% in the second quarter. Alliancebernstein L.P. now owns 78,754 shares of the technology company’s stock valued at $2,761,000 after acquiring an additional 573 shares in the last quarter. Institutional investors and hedge funds own 94.95% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Report on VRNT
About Verint Systems
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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