In Wednesday’s Wall Street session, Verint Systems, Inc (NASDAQ:VRNT) shares traded at $21.44, up 15.33% from the previous session.
VRNT stock price is now 19.41% away from the 50-day moving average and -3.94% away from the 200-day moving average. The market capitalization of the company currently stands at $1.29B.
With the price target reduced from $40 to $30, Needham maintained Buy rating for Verint Systems, Inc (NASDAQ: VRNT). , while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, FANTE PETER, Chief Administrative Officer sold 9,439 shares of the company’s stock on Apr 15 ’25. The stock was sold for $155,744 at an average price of $16.50. Upon completion of the transaction, the Chief Administrative Officer now directly owns 20,450 shares in the company, valued at $0.44 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’25, Officer FANTE PETER bought 9,439 shares of the business’s stock. A total of $153,384 was incurred on buying the stock at an average price of $16.25. A total of 1.90% of the company’s stock is owned by insiders.
During the past 12 months, Verint Systems, Inc has had a low of $14.15 and a high of $37.31. As of last week, the company has a debt-to-equity ratio of 0.34, a current ratio of 0.64, and a quick ratio of 0.62.
The net profit margin was 5.87% and return on equity was 5.32% for VRNT. The company reported revenue of $208.1 million for the quarter, compared to $221.28 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.96 percent.
