KD Logo

The Attractiveness of Investing In Verint Systems, Inc (VRNT) is Growing

Verint Systems, Inc’s recently made public that its President MORIAH ELAN unloaded Company’s shares for reported $0.19 million on Sep 16 ’24. In the deal valued at $25.85 per share,7,160 shares were sold. As a result of this transaction, MORIAH ELAN now holds 139,251 shares worth roughly $3.06 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Highlander Grant A sold 3,389 shares, generating $87,606 in total proceeds. Upon selling the shares at $25.85, the Chief Financial Officer now owns 131,267 shares.

Before that, FANTE PETER sold 6,330 shares. Verint Systems, Inc shares valued at $163,630 were divested by the Chief Administrative Officer at a price of $25.85 per share. As a result of the transaction, FANTE PETER now holds 91,334 shares, worth roughly $2.0 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 Monday, Verint Systems, Inc [NASDAQ:VRNT] saw its stock jump 2.24% to $21.94. Over the last five days, the stock has lost -0.54%. Verint Systems, Inc shares have fallen nearly -18.83% since the year began. Nevertheless, the stocks have risen 10.98% over the past one year. While a 52-week high of $38.17 was reached on 06/12/24, a 52-week low of $18.87 was recorded on 11/04/24. SMA at 50 days reached $25.08, while 200 days put it at $30.14.

Levels Of Support And Resistance For VRNT Stock

The 24-hour chart illustrates a support level at 21.45, which if violated will result in even more drops to 20.95. On the upside, there is a resistance level at 22.26. A further resistance level may holdings at 22.58. The Relative Strength Index (RSI) on the 14-day chart is 33.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.77%. Stochastics %K at 12.07% indicates the stock is a buying.

How much short interest is there in Verint Systems, Inc?

A steep rise in short interest was recorded in Verint Systems, Inc stocks on 2024-10-15, dropping by -0.21 million shares to a total of 3.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.87 million shares. There was a decline of -5.66%, which implies that there is a negative 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.

Most Popular