The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Verint Systems, Inc shares valued at $985,438 were sold by MORIAH ELAN on Dec 19 ’24. At $27.72 per share, MORIAH ELAN sold 35,556 shares. The insider’s holdings dropped to 101,014 shares worth approximately $1.89 million following the completion of this transaction.
Also, FANTE PETER sold 16,233 shares, netting a total of over 446,765 in proceeds. Following the sale of shares at $27.52 each, the insider now holds 73,314 shares.
Before that, Highlander Grant A had sold 12,880 shares from its account. In a trade valued at $376,740, the Chief Financial Officer traded Verint Systems, Inc shares for $29.25 each. Upon closing the transaction, the insider’s holdings decreased to 12,880 shares, worth approximately $2.19 million.
As published in a research note from Needham on March 27, 2025, Verint Systems, Inc [VRNT] has been retained to a Buy and the price target has been revised to $30. Analysts at Oppenheimer downgraded the stock from ‘”an Outperform”‘ to ‘”a Perform”‘ outlook in a report released in early September. As of September 07, 2023, Evercore ISI has decreased its “an Outperform” rating to a “an In-line” for VRNT. Earlier on January 05, 2023, Jefferies downgraded its rating. Their new recommendation was “a Hold” for VRNT stock which previously was a “a Buy”.
Analyzing VRNT Stock Performance
During the last five days, there has been a drop of approximately -14.44%. Over the course of the year, Verint Systems, Inc shares have dropped approximately -31.77%. Shares of the company reached a 52-week high of $28.02 on 01/02/25 and a 52-week low of $18.17 on 03/27/25. A 50-day SMA is recorded $23.86, while a 200-day SMA reached $27.26.
Support And Resistance Levels for Verint Systems, Inc (VRNT)
According to the 24-hour chart, there is a support level at 17.98, which, if violated, would cause prices to drop to 17.24. In the upper region, resistance lies at 19.66. The next price resistance is at 20.60. RSI (Relative Strength Index) is 26.64 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.81, which suggests the price will decrease in the coming days. Percent R is at 88.07%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
