Verint Systems, Inc.’s filing revealed that its Chief Administrative Officer FANTE PETER unloaded Company’s shares for reported $0.26 million on Apr 03 ’24. In the deal valued at $31.38 per share,8,329 shares were sold. As a result of this transaction, FANTE PETER now holds 43,540 shares worth roughly $1.32 million.
Then, MORIAH ELAN sold 14,353 shares, generating $468,257 in total proceeds. Upon selling the shares at $32.62, the President now owns 79,953 shares.
Before that, BODNER DAN sold 33,472 shares. Verint Systems, Inc. shares valued at $1,047,339 were divested by the Chairman & CEO at a price of $31.29 per share. As a result of the transaction, BODNER DAN now holds 860,630 shares, worth roughly $26.04 million.
Oppenheimer downgraded its Verint Systems, Inc. [VRNT] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in early September from “an Outperform” to “an In-line”. Jefferies also remained covering VRNT and has decreased its forecast on January 05, 2023 with a “Hold” recommendation from previously “Buy” rating. Goldman revised its rating on April 12, 2022. It rated VRNT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of VRNT
On Friday, Verint Systems, Inc. [NASDAQ:VRNT] saw its stock fall -1.98% to $30.26. Over the last five days, the stock has lost -0.92%. Verint Systems, Inc. shares have risen nearly 11.95% since the year began. Nevertheless, the stocks have fallen -20.37% over the past one year. While a 52-week high of $40.28 was reached on 03/28/24, a 52-week low of $18.41 was recorded on 01/04/24. SMA at 50 days reached $31.09, while 200 days put it at $28.68. A total of 0.56 million shares were traded, compared to the trading of 0.55 million shares in the previous session.
Levels Of Support And Resistance For VRNT Stock
The 24-hour chart illustrates a support level at 30.01, which if violated will result in even more drops to 29.76. On the upside, there is a resistance level at 30.62. A further resistance level may holdings at 30.98. The Relative Strength Index (RSI) on the 14-day chart is 44.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.80%. Stochastics %K at 7.70% indicates the stock is a buying.
The most recent change occurred on September 01, 2021 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $75 price target.
