Verint Systems Inc. (NASDAQ:VRNT) rose 1.9% on Thursday . The company traded as high as $34.89 and last traded at $34.78, with a volume of 241,130 shares traded. The stock had previously closed at $34.12.

VRNT has been the topic of a number of analyst reports. Credit Suisse Group AG restated a “sell” rating and issued a $29.00 target price on shares of Verint Systems in a report on Wednesday, May 25th. Oppenheimer Holdings Inc. restated a “buy” rating and issued a $49.00 target price on shares of Verint Systems in a report on Wednesday, June 8th. Zacks Investment Research lowered shares of Verint Systems from a “hold” rating to a “sell” rating in a report on Tuesday, June 14th. Finally, Imperial Capital reiterated an “outperform” rating and issued a $40.00 price objective on shares of Verint Systems in a research note on Wednesday, June 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $41.57.

The firm’s 50-day moving average price is $34.84 and its 200-day moving average price is $34.41. The company has a market capitalization of $2.18 billion and a PE ratio of 3510.00.

Verint Systems (NASDAQ:VRNT) last announced its earnings results on Tuesday, June 7th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. The company had revenue of $249 million for the quarter. During the same quarter last year, the firm earned $0.66 earnings per share. The company’s quarterly revenue was down 7.9% on a year-over-year basis. On average, analysts anticipate that Verint Systems Inc. will post $3.00 earnings per share for the current fiscal year.

In other news, CEO Dan Bodner sold 8,293 shares of Verint Systems stock in a transaction dated Monday, June 20th. The shares were sold at an average price of $35.34, for a total transaction of $293,074.62. Following the sale, the chief executive officer now owns 674,292 shares of the company’s stock, valued at approximately $23,829,479.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Douglas Robinson sold 1,881 shares of Verint Systems stock in a transaction dated Monday, June 20th. The shares were sold at an average price of $35.34, for a total transaction of $66,474.54. Following the sale, the chief financial officer now directly owns 158,507 shares in the company, valued at approximately $5,601,637.38. The disclosure for this sale can be found here.

Verint Systems Inc offers Actionable Intelligence solutions. The Company’s Actionable Intelligence solutions address Customer Engagement Optimization, Security Intelligence, and Fraud, Risk and Compliance. It offers services, such as strategic consulting, implementation services, training, maintenance and round the clock support, as well as a range of deployment models.

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