Verint Systems Inc (VRNT): Dan Bodner , President & CEO of Verint Systems Inc sold 8,293 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were sold at $35.34 per share for a total value of $293,074.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 15, 2016, Peter Fante (Chief Legal Officer & CCO) sold 9,413 shares at $35.38 per share price.On Apr 14, 2016, Elan Moriah (President, EIS & VIS) sold 2,178 shares at $34.90 per share price.Also, On Apr 14, 2016, Douglas Robinson (Chief Financial Officer) sold 1,380 shares at $34.90 per share price.On Apr 14, 2016, Dan Bodner (President & CEO) sold 9,583 shares at $34.90 per share price.
Verint Systems: On Monday, Jun 20, 2016 heightened volatility was witnessed in Verint Systems which led to swings in the share price. The shares opened for trading at $34.89 and hit $35.5487 on the upside , eventually ending the session at $35.11, with a gain of 1.68% or 0.58 points. The heightened volatility saw the trading volume jump to 6,15,302 shares. The 52-week high of the share price is $63.07 and the company has a market cap of $2,184 M . The 52-week low of the share price is at $29.76.
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.
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.