Verint Systems Inc. (NASDAQ:VRNT) Shares Bought by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB grew its holdings in shares of Verint Systems Inc. (NASDAQ:VRNT) by 14.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,800 shares of the technology company’s stock after purchasing an additional 6,600 shares during the period. E. Ohman J or Asset Management AB owned approximately 0.08% of Verint Systems worth $1,394,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new stake in shares of Verint Systems in the 3rd quarter worth approximately $58,000. KBC Group NV lifted its stake in Verint Systems by 75.0% in the 4th quarter. KBC Group NV now owns 3,380 shares of the technology company’s stock valued at $93,000 after buying an additional 1,449 shares in the last quarter. CWM LLC lifted its stake in Verint Systems by 135.0% in the 3rd quarter. CWM LLC now owns 5,660 shares of the technology company’s stock valued at $143,000 after buying an additional 3,251 shares in the last quarter. Algert Global LLC purchased a new stake in Verint Systems in the 2nd quarter valued at approximately $202,000. Finally, Central Pacific Bank Trust Division lifted its stake in Verint Systems by 29.9% in the 4th quarter. Central Pacific Bank Trust Division now owns 7,075 shares of the technology company’s stock valued at $194,000 after buying an additional 1,630 shares in the last quarter. Institutional investors and hedge funds own 94.95% of the company’s stock.

Analysts Set New Price Targets

VRNT has been the topic of a number of recent research reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 target price on shares of Verint Systems in a research note on Wednesday, January 15th. StockNews.com raised Verint Systems from a “hold” rating to a “buy” rating in a research note on Tuesday, January 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Verint Systems in a research note on Friday, January 10th. Finally, Jefferies Financial Group increased their price target on Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Three research 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 currently has a consensus rating of “Moderate Buy” and an average target price of $35.67.

Verint Systems Trading Up 1.2 %

Shares of Verint Systems stock opened at $26.27 on Thursday. The firm has a market cap of $1.64 billion, a PE ratio of 27.95, a P/E/G ratio of 1.10 and a beta of 1.24. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average is $26.67 and its two-hundred day moving average is $27.03. Verint Systems Inc. has a fifty-two week low of $21.27 and a fifty-two week high of $38.17.

Insider Transactions at Verint Systems

In other news, CFO Grant A. Highlander sold 12,880 shares of the company’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $29.25, for a total transaction of $376,740.00. Following the completion of the sale, the chief financial officer now directly owns 117,137 shares in the company, valued at $3,426,257.25. This represents a 9.91 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Peter Fante sold 16,233 shares of the company’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $27.52, for a total value of $446,732.16. Following the sale, the insider now owns 73,314 shares of the company’s stock, valued at approximately $2,017,601.28. The trade was a 18.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.70% of the company’s stock.

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.