Verint Systems, Inc.’s recently made public that its Chairman & CEO BODNER DAN unloaded Company’s shares for reported $12.66 million on Jun 20 ’24. In the deal valued at $33.76 per share,375,000 shares were sold. As a result of this transaction, BODNER DAN now holds 609,764 shares worth roughly $20.13 million.
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Then, BODNER DAN sold 14,277 shares, generating $500,266 in total proceeds. Upon selling the shares at $35.04, the Chairman & CEO now owns 984,764 shares.
Before that, MORIAH ELAN sold 4,954 shares. Verint Systems, Inc. shares valued at $173,588 were divested by the President at a price of $35.04 per share. As a result of the transaction, MORIAH ELAN now holds 146,411 shares, worth roughly $4.83 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 Tuesday, Verint Systems, Inc. [NASDAQ:VRNT] saw its stock fall -0.93% to $33.01. Over the last five days, the stock has gained 3.74%. Verint Systems, Inc. shares have risen nearly 22.12% since the year began. Nevertheless, the stocks have risen 1.38% over the past one year. While a 52-week high of $38.17 was reached on 06/12/24, a 52-week low of $18.41 was recorded on 01/04/24. SMA at 50 days reached $33.43, while 200 days put it at $30.06.
Levels Of Support And Resistance For VRNT Stock
The 24-hour chart illustrates a support level at 32.70, which if violated will result in even more drops to 32.40. On the upside, there is a resistance level at 33.37. A further resistance level may holdings at 33.74. The Relative Strength Index (RSI) on the 14-day chart is 49.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.00%. Stochastics%K at 40.35% indicates the stock is a holding.
How much short interest is there in Verint Systems, Inc.?
A steep rise in short interest was recorded in Verint Systems, Inc. stocks on 2024-07-31, growing by 0.53 million shares to a total of 3.42 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 2.89 million shares. There was a rise of 15.47%, which implies that there is a positive sentiment for the stock.
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.
