Verint Systems Inc. (VRNT) Stock Is An 52-Week High Flier

June 17, 2018 - By Ash

Verint Systems Inc. (NASDAQ:VRNT) Logo

Investors sentiment decreased to 1.11 in 2018 Q1. Its down 0.11, from 1.22 in 2017Q4. It worsened, as 23 investors sold Verint Systems Inc. shares while 73 reduced holdings. 39 funds opened positions while 68 raised stakes. 57.72 million shares or 2.41% less from 59.15 million shares in 2017Q4 were reported.
The Connecticut-based Cubist Systematic Strategies Limited has invested 0.09% in Verint Systems Inc. (NASDAQ:VRNT). Raymond James & Associates reported 40,498 shares. Ubs Asset Management Americas Inc reported 0% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT). Parkside Finance Commercial Bank accumulated 0% or 52 shares. Voya Investment Mgmt Ltd Com invested in 0.05% or 517,246 shares. Loomis Sayles Lp reported 227,844 shares. Art Advsrs Limited holds 34,694 shares or 0.06% of its portfolio. Paloma Prtn Management Company invested in 0.02% or 34,069 shares. Rhumbline Advisers has 64,647 shares. Thrivent Finance For Lutherans has invested 0.02% in Verint Systems Inc. (NASDAQ:VRNT). Point72 Asia (Hong Kong) has 0.04% invested in Verint Systems Inc. (NASDAQ:VRNT). 11,205 are held by Schafer Cullen Cap Mgmt Inc. Moors Cabot Inc invested in 7,050 shares or 0.04% of the stock. Parametric Port Associate Ltd Com invested 0% in Verint Systems Inc. (NASDAQ:VRNT). Connor Clark & Lunn Mngmt Ltd, British Columbia – Canada-based fund reported 22,675 shares.

The stock of Verint Systems Inc. (NASDAQ:VRNT) hit a new 52-week high and has $47.53 target or 3.00 % above today’s $46.15 share price. The 6 months bullish chart indicates low risk for the $2.95B company. The 1-year high was reported on Jun, 17 by Barchart.com. If the $47.53 price target is reached, the company will be worth $88.62 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.76% or $0.35 during the last trading session, reaching $46.15. About 568,290 shares traded or 67.29% up from the average. Verint Systems Inc. (NASDAQ:VRNT) has risen 6.27% since June 17, 2017 and is uptrending. It has underperformed by 6.30% the S&P500.

Verint Systems Inc. (NASDAQ:VRNT) Ratings Coverage

Among 3 analysts covering Verint Systems Inc (NASDAQ:VRNT), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Verint Systems Inc had 5 analyst reports since March 29, 2018 according to SRatingsIntel. Oppenheimer maintained Verint Systems Inc. (NASDAQ:VRNT) rating on Tuesday, May 29. Oppenheimer has “Buy” rating and $4900 target. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, March 29 report. As per Thursday, May 31, the company rating was upgraded by Imperial Capital. The rating was maintained by Oppenheimer on Friday, June 8 with “Buy”. The company was maintained on Thursday, May 17 by Oppenheimer.

More important recent Verint Systems Inc. (NASDAQ:VRNT) news were published by: Businesswire.com which released: “Verint Reports First Quarter Results” on June 07, 2018, also Seekingalpha.com published article titled: “Verint Systems Inc. (VRNT) CEO Dan Bodner on Q1 2018 Results – Earnings Call Transcript”, Globes.Co.Il published: “Verint CEO: We’re looking to improve margins” on June 11, 2018. More interesting news about Verint Systems Inc. (NASDAQ:VRNT) was released by: Benzinga.com and their article: “Imperial Capital Incrementally Bullish On Verint After M&A Talk” with publication date: May 31, 2018.

Verint Systems Inc. provides actionable intelligence solutions and value-added services worldwide. The company has market cap of $2.95 billion. The Company’s Customer Engagement Solutions segment provides voice of the customer solutions, including interaction analytics, enterprise feedback, and digital feedback; workforce optimization solutions, such as intelligent recording, analytics-driven quality, coaching/learning, workforce management, work allocation, desktop and process analytics, robotic process automation, and performance management; employee engagement solutions comprising workforce optimization, knowledge management, employee desktop, case management, internal communities, gamification, mobile workforce apps, and voice of the employee; engagement channel solutions consisting of Web/mobile self-service, voice self-service, customer communities, email/secure messaging, Web chat, co-browse, mobile messaging, and social engagement; and security, fraud, and compliance solutions, including compliance recording, fraud and identity analytics, trading compliance, branch surveillance and investigation, and public safety compliance. It currently has negative earnings. The companyÂ’s Cyber Intelligence Solutions segment offers security and intelligence data mining software solutions, which are used for a range of applications, such as predictive intelligence, advanced and complex investigations, security threat analysis, and electronic data and physical assets protection, as well as for generating legal evidence and preventing criminal activity and terrorism.

Verint Systems Inc. (NASDAQ:VRNT) Institutional Positions Chart

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