Agur Provident Training Funds Management Ltd adds Verint Systems (VRNT) to its portfolio

Verint Systems (VRNT) : Agur Provident Training Funds Management Ltd added new position in Verint Systems during the most recent quarter end. The investment management firm now holds 48,536 shares of Verint Systems which is valued at $1,760,886 , the company said in a statement filed on Aug 15, 2016 with the SEC.Verint Systems makes up approximately 1.11% of Agur Provident Training Funds Management Ltd’s portfolio.

Other Hedge Funds, Including , Voya Investment Management boosted its stake in VRNT in the latest quarter, The investment management firm added 410,775 additional shares and now holds a total of 436,119 shares of Verint Systems which is valued at $15,822,397. Verint Systems makes up approx 0.04% of Voya Investment Management’s portfolio.Credit Suisse Ag boosted its stake in VRNT in the latest quarter, The investment management firm added 5,739 additional shares and now holds a total of 312,287 shares of Verint Systems which is valued at $11,329,772. Verint Systems makes up approx 0.01% of Credit Suisse Ag’s portfolio.California Public Employees Retirement System reduced its stake in VRNT by selling 3,700 shares or 2.84% in the most recent quarter. The Hedge Fund company now holds 126,800 shares of VRNT which is valued at $4,497,596. Verint Systems makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Stoneridge Investment Partners boosted its stake in VRNT in the latest quarter, The investment management firm added 13,500 additional shares and now holds a total of 39,220 shares of Verint Systems which is valued at $1,370,739. Verint Systems makes up approx 0.19% of Stoneridge Investment Partners’s portfolio.

Verint Systems opened for trading at $34.12 and hit $35.1 on the upside on Thursday, eventually ending the session at $35.1, with a gain of 2.87% or 0.98 points. The heightened volatility saw the trading volume jump to 5,32,471 shares. Company has a market cap of $2,183 M.

On the company’s financial health, Verint Systems reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jun 7, 2016. Analyst had a consensus of $0.41. The company had revenue of $249.00 million for the quarter, compared to analysts expectations of $250.66 million. The company’s revenue was down -7.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.66 EPS.

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.

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