Keeley Teton Advisors LLC reduced its position in Verint Systems Inc. (NASDAQ:VRNT) by 18.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 514,199 shares of the technology company’s stock after selling 118,399 shares during the period. Keeley Teton Advisors LLC owned 0.81% of Verint Systems worth $21,519,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Verint Systems by 11.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,655 shares of the technology company’s stock worth $108,000 after buying an additional 263 shares in the last quarter. Macquarie Group Ltd. purchased a new stake in shares of Verint Systems in the third quarter worth about $151,000. FNY Managed Accounts LLC purchased a new stake in shares of Verint Systems in the third quarter worth about $164,000. Tower Research Capital LLC TRC purchased a new stake in shares of Verint Systems in the second quarter worth about $179,000. Finally, Strs Ohio lifted its position in shares of Verint Systems by 9.5% in the second quarter. Strs Ohio now owns 4,600 shares of the technology company’s stock worth $187,000 after buying an additional 400 shares in the last quarter. Institutional investors own 93.40% of the company’s stock.
Verint Systems Inc. (NASDAQ:VRNT) opened at $42.95 on Wednesday. Verint Systems Inc. has a 52 week low of $33.40 and a 52 week high of $44.70. The stock has a market capitalization of $2,753.34, a P/E ratio of 26.83, a P/E/G ratio of 2.39 and a beta of 1.26. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.72.
A number of research firms recently commented on VRNT. Royal Bank Of Canada reissued a “buy” rating and set a $48.00 price objective on shares of Verint Systems in a research note on Tuesday, August 15th. Oppenheimer reissued a “buy” rating and set a $49.00 price objective on shares of Verint Systems in a research note on Thursday, September 7th. Deutsche Bank boosted their price objective on Verint Systems from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Thursday, September 7th. Finally, Zacks Investment Research raised Verint Systems from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research note on Wednesday, September 13th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Verint Systems presently has a consensus rating of “Buy” and an average price target of $46.43.
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Verint Systems Profile
Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.
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