Verint Systems, Inc (NASDAQ: VRNT) is -2.44% lower on its value in year-to-date trading and has touched a low of $21.27 and a high of $38.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VRNT stock was last observed hovering at around $26.75 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $26.78, the stock is -6.35% and 4.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 0.11% at the moment leaves the stock -8.44% off its SMA200. VRNT registered 5.56% gain for a year compared to 6-month loss of -14.50%. The firm has a 50-day simple moving average (SMA 50) of $25.5606 and a 200-day simple moving average (SMA200) of $29.24855.
The stock witnessed a 10.30% gain in the last 1 month and extending the period to 3 months gives it a 12.95%, and is -2.97% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.60% over the week and 4.51% over the month.
Verint Systems, Inc (VRNT) has around 3700 employees, a market worth around $1.67B and $920.75M in sales. Current P/E ratio is 28.22 and Fwd P/E is 8.78. Profit margin for the company is 6.49%. Distance from 52-week low is 25.88% and -29.84% from its 52-week high. The company has generated returns on investments over the last 12 months (3.40%).
The EPS is expected to grow by 6.33% this year.
Verint Systems, Inc (VRNT) Top Institutional Holders
336.0 institutions hold shares in Verint Systems, Inc (VRNT), with institutional investors hold 102.45% of the company’s shares. The shares outstanding are 62.28M, and float is at 61.25M with Short Float at 5.83%. Institutions hold 101.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.57 million shares valued at $243.85 million. The investor’s holdings represent 12.1491% of the VRNT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.94 million shares valued at $191.11 million to account for 9.5215 of the shares outstanding. The other top investors are VICTORY CAPITAL MANAGEMENT INC which holds 4.14 million shares representing 6.6467% and valued at over $133.41 million, while SENVEST MANAGEMENT, LLC holds 6.1125 of the shares totaling 3.81 million with a market value of $122.69 million.
Verint Systems, Inc (VRNT) Insider Activity
The most recent transaction is an insider sale by MORIAH ELAN, the company’s President. SEC filings show that MORIAH ELAN sold 35,556 shares of the company’s common stock on Dec 19 ’24 at a price of $27.72 per share for a total of $0.99 million. Following the sale, the insider now owns 0.1 million shares.
Verint Systems, Inc disclosed in a document filed with the SEC on Dec 19 ’24 that FANTE PETER (Chief Administrative Officer) sold a total of 16,233 shares of the company’s common stock. The trade occurred on Dec 19 ’24 and was made at $27.52 per share for $0.45 million. Following the transaction, the insider now directly holds 73314.0 shares of the VRNT stock.
Still, SEC filings show that on Dec 18 ’24, Highlander Grant A (Chief Financial Officer) disposed off 12,880 shares at an average price of $29.25 for $0.38 million. The insider now directly holds 117,137 shares of Verint Systems, Inc (VRNT).
