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

A number of analysts have issued reports on the stock. Oppenheimer Holdings Inc. reiterated a “buy” rating and issued a $49.00 target price on shares of Verint Systems in a research note on Wednesday, June 8th. Zacks Investment Research raised shares of Verint Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, August 10th. Imperial Capital reissued an “outperform” rating and issued a $40.00 price target on shares of Verint Systems in a research report on Wednesday, June 15th. Finally, Credit Suisse Group AG reissued a “sell” rating and issued a $32.00 price target on shares of Verint Systems in a research report on Monday, August 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $41.57.

The stock’s 50 day moving average is $34.93 and its 200 day moving average is $34.43. The firm has a market cap of $2.22 billion and a PE ratio of 3573.00.

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

In other Verint Systems news, insider Peter Fante sold 1,323 shares of the company’s stock in a transaction that occurred on Monday, June 20th. The stock was sold at an average price of $35.34, for a total transaction of $46,754.82. Following the completion of the transaction, the insider now owns 38,191 shares of the company’s stock, valued at approximately $1,349,669.94. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Douglas Robinson sold 1,881 shares of the company’s stock in a transaction that occurred on Monday, June 20th. The stock was sold at an average price of $35.34, for a total value of $66,474.54. Following the transaction, the chief financial officer now directly owns 158,507 shares of the company’s stock, 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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