Verint Systems, Inc’s filing revealed that its President MORIAH ELAN unloaded Company’s shares for reported $0.99 million on Dec 19 ’24. In the deal valued at $27.72 per share,35,556 shares were sold. As a result of this transaction, MORIAH ELAN now holds 101,014 shares worth roughly $2.68 million.
Then, FANTE PETER sold 16,233 shares, generating $446,765 in total proceeds. Upon selling the shares at $27.52, the Chief Administrative Officer now owns 73,314 shares.
Before that, Highlander Grant A sold 12,880 shares. Verint Systems, Inc shares valued at $376,740 were divested by the Chief Financial Officer at a price of $29.25 per share. As a result of the transaction, Highlander Grant A now holds 117,137 shares, worth roughly $3.11 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 fall -0.86% to $26.55. Over the last five days, the stock has lost -3.14%. Verint Systems, Inc shares have fallen nearly -3.28% since the year began. Nevertheless, the stocks have risen 3.47% over the past one year. While a 52-week high of $38.17 was reached on 01/02/25, a 52-week low of $21.27 was recorded on 01/03/25. SMA at 50 days reached $25.65, while 200 days put it at $29.22.
Levels Of Support And Resistance For VRNT Stock
The 24-hour chart illustrates a support level at 26.19, which if violated will result in even more drops to 25.82. On the upside, there is a resistance level at 27.21. A further resistance level may holdings at 27.86. The Relative Strength Index (RSI) on the 14-day chart is 45.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.32%. Stochastics %K at 10.10% 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 2024-11-15, dropping by 40239.0 shares to a total of 3.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.66 million shares. There was a decline of -1.11%, 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.
