E. Ohman J or Asset Management AB Has $1.12 Million Holdings in Verint Systems Inc. (NASDAQ:VRNT)

E. Ohman J or Asset Management AB decreased its position in shares of Verint Systems Inc. (NASDAQ:VRNT - Free Report) by 54.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,200 shares of the technology company's stock after selling 52,512 shares during the quarter. E. Ohman J or Asset Management AB owned about 0.07% of Verint Systems worth $1,120,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Stanley Laman Group Ltd. increased its stake in Verint Systems by 0.4% during the 2nd quarter. Stanley Laman Group Ltd. now owns 124,470 shares of the technology company's stock valued at $4,008,000 after buying an additional 478 shares during the period. Quarry LP boosted its stake in Verint Systems by 160.9% during the 2nd quarter. Quarry LP now owns 793 shares of the technology company's stock valued at $26,000 after purchasing an additional 489 shares in the last quarter. FinTrust Capital Advisors LLC raised its stake in shares of Verint Systems by 173.7% in the 1st quarter. FinTrust Capital Advisors LLC now owns 1,188 shares of the technology company's stock worth $39,000 after buying an additional 754 shares in the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of Verint Systems in the 1st quarter worth $30,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Verint Systems by 764.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,037 shares of the technology company's stock valued at $28,000 after buying an additional 917 shares during the period. Institutional investors own 94.95% of the company's stock.

Insider Activity at Verint Systems

In other news, CEO Dan Bodner sold 16,932 shares of the business's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $25.85, for a total transaction of $437,692.20. Following the transaction, the chief executive officer now directly owns 592,832 shares in the company, valued at $15,324,707.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Verint Systems news, CEO Dan Bodner sold 16,932 shares of Verint Systems stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $25.85, for a total value of $437,692.20. Following the completion of the sale, the chief executive officer now directly owns 592,832 shares in the company, valued at $15,324,707.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Grant A. Highlander sold 3,389 shares of Verint Systems stock in a transaction on Monday, September 16th. The shares were sold at an average price of $25.85, for a total transaction of $87,605.65. Following the completion of the sale, the chief financial officer now directly owns 131,267 shares of the company's stock, valued at approximately $3,393,251.95. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,811 shares of company stock valued at $874,014. Corporate insiders own 1.70% of the company's stock.

Verint Systems Stock Up 0.1 %

Shares of VRNT traded up $0.02 during mid-day trading on Friday, reaching $21.88. The company's stock had a trading volume of 555,396 shares, compared to its average volume of 674,807. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 45.58, a price-to-earnings-growth ratio of 0.93 and a beta of 1.24. The business has a fifty day moving average of $26.39 and a 200 day moving average of $30.25. The company has a quick ratio of 1.36, a current ratio of 1.41 and a debt-to-equity ratio of 0.49. Verint Systems Inc. has a 1 year low of $18.41 and a 1 year high of $38.17.

Verint Systems (NASDAQ:VRNT - Get Free Report) last announced its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.04). Verint Systems had a return on equity of 16.17% and a net margin of 6.78%. The business had revenue of $210.17 million during the quarter, compared to analysts' expectations of $212.81 million. During the same period in the prior year, the company posted $0.22 earnings per share. The firm's revenue was up .0% on a year-over-year basis. As a group, analysts forecast that Verint Systems Inc. will post 1.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $40.00 target price on shares of Verint Systems in a report on Wednesday, September 25th. Jefferies Financial Group dropped their target price on shares of Verint Systems from $32.00 to $28.00 and set a "hold" rating on the stock in a report on Thursday, September 5th. Wedbush restated an "outperform" rating and set a $38.00 target price on shares of Verint Systems in a report on Thursday, September 26th. TD Cowen dropped their price target on Verint Systems from $40.00 to $36.00 and set a "buy" rating on the stock in a report on Thursday, September 5th. Finally, StockNews.com upgraded Verint Systems from a "hold" rating to a "buy" rating in a research report on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $34.67.

Verint Systems Company Profile

Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions.