Voya Investment Management LLC decreased its position in shares of Verint Systems Inc. (NASDAQ:VRNT – Free Report) by 93.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 11,205 shares of the technology company’s stock after selling 153,149 shares during the quarter. Voya Investment Management LLC’s holdings in Verint Systems were worth $227,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of VRNT. EP Wealth Advisors LLC lifted its holdings in shares of Verint Systems by 34.0% during the 1st quarter. EP Wealth Advisors LLC now owns 10,944 shares of the technology company’s stock worth $195,000 after acquiring an additional 2,776 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Verint Systems by 73.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 422,128 shares of the technology company’s stock valued at $7,535,000 after purchasing an additional 178,499 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Verint Systems during the 1st quarter worth $572,000. Goldman Sachs Group Inc. lifted its position in shares of Verint Systems by 6.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,589,770 shares of the technology company’s stock worth $28,377,000 after buying an additional 93,118 shares during the last quarter. Finally, Caxton Associates LLP acquired a new stake in Verint Systems in the first quarter valued at about $479,000. 94.95% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Verint Systems in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $24.80.
Verint Systems Stock Up 1.3%
NASDAQ VRNT opened at $20.51 on Wednesday. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 28.89, a price-to-earnings-growth ratio of 0.89 and a beta of 1.52. Verint Systems Inc. has a twelve month low of $14.15 and a twelve month high of $34.80. The business’s fifty day moving average is $20.42 and its 200 day moving average is $20.39.
Verint Systems Profile
Verint Systems, Inc is a global provider of actionable intelligence solutions that enable organizations to capture and analyze customer interactions, security events and operational data. The company’s platform combines artificial intelligence, machine learning and advanced analytics to help enterprises and government agencies enhance customer engagement, optimize workforce performance and strengthen security postures. Verint serves a diverse set of industries including financial services, telecommunications, healthcare, retail, and public sector organizations.
Verint’s product portfolio is organized around two core segments: Customer Engagement and Security Intelligence.
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