Verint Systems Inc (NASDAQ:VRNT).
Polaris Capital Management, LLC says it bought 63,700 shares during the last quarter increasing its holdings in Verint Systems Inc by 13.5%. Its investment stood at $26,437,000 an increase of 25.8% as of quarter end.
Several firms have shifted positions in (VRNT). As of quarter end Alliancebernstein L.P. had sold 24,379 shares trimming its holdings by 0.9%. The value of the investment in (VRNT) went from $110,711,000 to $112,819,000 increasing 1.9% for the reporting period. As of the end of the quarter First Mercantile Trust Co had disposed of a total of 290 shares trimming its stake by 3.8%. The value of the investment in Verint Systems Inc decreased from $307,000 to $304,000 a change of 1.0% quarter over quarter.
As of the end of the quarter Raymond James & Associates had bought a total of 7,574 shares growing its position 18.2%. The value in dollars increased from $1,691,000 to $2,056,000 a change of $365,000 quarter to quarter.
September 28 investment analysts at Oppenheimer Holdings maintained a stock rating of “Buy” projecting a price of $49.00. Deutsche Bank AG raised the price target of the stock on September 7 boosting the projection from $42.00 to $44.00 with a rating of “Hold”.
On September 7 Oppenheimer Holdings maintained a company rating of “Buy” with a current price target of $49.00. August 15 investment analysts at Royal Bank Of Canada left the stock rating at “Buy” targeting a price of $48.00.
The company is trading down since yesterday’s close of 41.55. The company currently has a P/E ratio of N/A and the market cap of the company is 2.63B. As of the last earnings report the EPS was $-0.42 with 63.73M shares currently outstanding.
Short traders are more bullish on Verint Systems Inc recently if you watch the decrease in short interest. The company experienced a fall in short interest between September 29, 2017 and October 13, 2017 of -2.43%. Short shares decreased 25,230 over that period. Days to cover increased 1.0 to 3.0 and the percentage of shorted shares was 0.02% on October 13.