Verint Systems Inc (VRNT): Elan Moriah , President, EIS & VIS of Verint Systems Inc sold 2,178 shares on Apr 13, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $34.90 per share for a total value of $76,012.20 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.Verint Systems is Reiterated by Imperial Capital to Outperform while Lowering the Price Target of the company shares to $ 40 from a previous price target of $55 . The Rating was issued on Apr 5, 2016.Verint Systems is Downgraded by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 35 from a previous price target of $50 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 30, 2016.Verint Systems is Downgraded by Credit Suisse to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 30, 2016.
Currently the company Insiders own 1.1% of Verint Systems shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -24.87%.Institutional Investors own 98.04% of Verint Systems shares.During last six month period, the net percent change held by insiders has seen a change of -24.87%.
Shares of Verint Systems (VRNT) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.9 points or -2.58% at $34.04 with 8,56,047 shares getting traded. Post opening the session at $34.91, the shares hit an intraday low of $34.04 and an intraday high of $35.29 and the price vacillated in this range throughout the day. The company has a market cap of $2,120 M and the number of outstanding shares has been calculated to be 6,22,66,435 shares. The 52-week high of Verint Systems is $66.45 and the 52-week low is $29.76.
Verint Systems Inc. is a company engaged in Actionable Intelligence solutions. The Company’s Actionable Intelligence solutions address: Customer Engagement Optimization; Security Intelligence; and Fraud Risk and Compliance. The Company offers services such as strategic consulting implementation services training maintenance and 24 x 7 support as well as deployment models including on premises hosted managed services and software as a service (SaaS). The Company has three operating segments. The Company addresses the Customer Engagement Optimization market opportunity through solutions from its Enterprise Intelligence Solution segment. It addresses the Security Intelligence market opportunity through solutions from its Communications and Cyber Intelligence Solutions and Video and Situation Intelligence Solutions and it addresses the Fraud Risk and Compliance market opportunity through solutions from all the three operating segments.