A Director at Verint Systems (VRNT) is Selling Shares


On December 16, a Director at Verint Systems (VRNT), Howard Safir, sold shares of VRNT for $501.7K.

Following Howard Safir’s last VRNT Sell transaction on September 11, 2018, the stock climbed by 12.3%. In addition to Howard Safir, 3 other VRNT executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Verint Systems’ latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $328 million and quarterly net profit of $10.18 million. In comparison, last year the company earned revenue of $325 million and had a net profit of $11.68 million. The company has a one-year high of $61.93 and a one-year low of $32.44. Currently, Verint Systems has an average volume of 452.54K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $69.00, reflecting a -12.1% downside.

The insider sentiment on Verint Systems has been negative according to 43 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Verint Systems, Inc. engages in providing actionable intelligence. It operates through the following segments: Enterprise Intelligence Solutions, Cyber Intelligence Solutions, and Video and Situation Intelligence Solutions. The Enterprise Intelligence segment includes solutions for customer analytics, engagement management, and workforce optimization. The Cyber Intelligence Solutions segment addresses the security intelligence market. The Video and Situation Intelligence Solutions segment handles the fraud, risk, and compliance market. The company was founded in February 1994 and is headquartered in Melville, NY.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts