Shares of Verint Systems (VRNT) Sees Large Outflow of Money

Verint Systems (VRNT) : Net money flow in Verint Systems (VRNT) was negative ($29.58 million) and the inflow of money on uptick was $2.75 million, whereas, the outflow of money on downticks amounted to $32.32 million on Tuesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.08. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $29.57 million. The money flow in block trades was negative ($29.57). Verint Systems (VRNT) gained $0.72 cent during the day and reached $34.66, a gain of 2.12% over the previous day.


Shares of Verint Systems Inc. appreciated by 1.11% during the last five trading days but lost 1.37% on a 4-week basis. Verint Systems Inc. is up 3.65% in the last 3-month period. Year-to-Date the stock performance stands at -14.55%.

Verint Systems (NASDAQ:VRNT): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.87 and $33.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.66, notching a gain of 2.12% for the day. The total traded volume was 1,637,636 . The stock had closed at $33.94 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Robinson Douglas, officer (Chief Financial Officer) of Verint Systems Inc, had unloaded 1,881 shares at an average price of $35.34 in a transaction dated on June 20, 2016. The total value of the transaction was worth $66,475.

Verint Systems Inc. is a company engaged in Actionable Intelligence solutions. The Companys 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.

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