Verint Systems Inc (VRNT) Files Form 4 Insider Selling : Larry F Myers Sells 4,243 Shares

Verint Systems Inc (VRNT): Larry F Myers , director of Verint Systems Inc sold 4,243 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $37.51 per share for a total value of $159,154.94 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Douglas Robinson (Chief Financial Officer) sold 1,881 shares at $35.34 per share price.On Jun 21, 2016, Elan Moriah (President, EIS & VIS) sold 2,938 shares at $35.34 per share price.Also, On Jun 21, 2016, Peter Fante (Chief Legal Officer & CCO) sold 1,323 shares at $35.34 per share price.On Jun 21, 2016, Dan Bodner (President & CEO) sold 8,293 shares at $35.34 per share price.

Verint Systems: On Monday, Sep 12, 2016 heightened volatility was witnessed in Verint Systems which led to swings in the share price. The shares opened for trading at $37.36 and hit $37.905 on the upside , eventually ending the session at $37.8, with a gain of 0.80% or 0.3 points. The heightened volatility saw the trading volume jump to 685,969 shares. The 52-week high of the share price is $49.7 and the company has a market cap of $2,387 M . The 52-week low of the share price is at $29.76.

Verint Systems Money Flow Index Chart

Company has been under the radar of several Street Analysts.Verint Systems is Reiterated by Imperial Capital to Outperform and the brokerage firm has raised the Price Target to $ 43 from a previous price target of $40 .The Rating was issued on Sep 9, 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.

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