E. Ohman J or Asset Management AB Sells 25,000 Shares of Verint Systems Inc. $VRNT

E. Ohman J or Asset Management AB decreased its holdings in Verint Systems Inc. (NASDAQ:VRNT) by 49.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,800 shares of the technology company’s stock after selling 25,000 shares during the period. E. Ohman J or Asset Management AB’s holdings in Verint Systems were worth $522,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in VRNT. Strs Ohio bought a new position in shares of Verint Systems in the first quarter worth about $29,000. Caitong International Asset Management Co. Ltd grew its stake in Verint Systems by 2,180.6% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,642 shares of the technology company’s stock worth $32,000 after acquiring an additional 1,570 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Verint Systems by 114.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,055 shares of the technology company’s stock worth $40,000 after acquiring an additional 1,098 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of Verint Systems by 30.8% during the second quarter. Parkside Financial Bank & Trust now owns 2,606 shares of the technology company’s stock valued at $51,000 after acquiring an additional 613 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Verint Systems in the second quarter valued at approximately $69,000. 94.95% of the stock is owned by hedge funds and other institutional investors.

Verint Systems Stock Up 1.3%

Shares of NASDAQ:VRNT opened at $20.51 on Friday. The firm has a 50 day moving average of $20.39 and a 200 day moving average of $20.22. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 28.89, a price-to-earnings-growth ratio of 0.89 and a beta of 1.52. Verint Systems Inc. has a 52 week low of $14.15 and a 52 week high of $34.80.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Verint Systems in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $24.80.

Verint Systems Profile

Verint Systems, Inc is a global provider of actionable intelligence solutions that enable organizations to capture and analyze customer interactions, security events and operational data. The company’s platform combines artificial intelligence, machine learning and advanced analytics to help enterprises and government agencies enhance customer engagement, optimize workforce performance and strengthen security postures. Verint serves a diverse set of industries including financial services, telecommunications, healthcare, retail, and public sector organizations.

Verint’s product portfolio is organized around two core segments: Customer Engagement and Security Intelligence.