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

Verint Systems Inc. (NASDAQ:VRNT) CEO Dan Bodner sold 44,335 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $30.09, for a total transaction of $1,334,040.15. Following the transaction, the chief executive officer now owns 898,234 shares in the company, valued at $27,027,861.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 transaction 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 transaction of $2,051,160.00.

Verint Systems Stock Performance

Shares of VRNT stock opened at $29.09 on Friday. The stock has a market capitalization of $1.81 billion, a P/E ratio of 100.31, a PEG ratio of 1.22 and a beta of 1.20. 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’s 50 day moving average is $31.13 and its 200 day moving average is $27.00. Verint Systems Inc. has a 12 month low of $18.41 and a 12 month high of $40.28.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VRNT. StockNews.com upgraded shares of Verint Systems from a “hold” rating to a “buy” rating in a research note on Thursday, March 14th. Oppenheimer reiterated a “market perform” rating on shares of Verint Systems in a research note on Thursday, March 28th. TheStreet upgraded shares of Verint Systems from a “d+” rating to a “c-” rating in a research note on Wednesday, February 14th. Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 target price on shares of Verint Systems in a research note on Thursday, March 28th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.20.

Institutional Trading of Verint Systems

Institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its stake in shares of Verint Systems by 764.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,037 shares of the technology company’s stock valued at $28,000 after buying an additional 917 shares in the last quarter. CWM LLC increased its holdings in Verint Systems by 241.8% during the 3rd quarter. CWM LLC now owns 1,309 shares of the technology company’s stock worth $30,000 after acquiring an additional 926 shares during the period. Dark Forest Capital Management LP bought a new stake in Verint Systems during the 1st quarter worth approximately $35,000. NBC Securities Inc. bought a new stake in Verint Systems during the 1st quarter worth approximately $42,000. Finally, KBC Group NV bought a new stake in Verint Systems during the 4th quarter worth approximately $43,000. 94.95% of the stock is currently owned by hedge funds and other institutional investors.

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.