Tudor Investment Corp ET AL purchased a new stake in shares of Verint Systems Inc. (NASDAQ:VRNT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 17,552 shares of the technology company’s stock, valued at approximately $714,000.

Several other institutional investors have also recently made changes to their positions in VRNT. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Verint Systems by 11.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,655 shares of the technology company’s stock valued at $108,000 after buying an additional 263 shares during the period. Bank of Montreal Can increased its stake in shares of Verint Systems by 43.1% during the first quarter. Bank of Montreal Can now owns 3,080 shares of the technology company’s stock valued at $134,000 after buying an additional 927 shares during the period. Strs Ohio increased its stake in shares of Verint Systems by 61.5% during the first quarter. Strs Ohio now owns 4,200 shares of the technology company’s stock valued at $182,000 after buying an additional 1,600 shares during the period. Crow Point Partners LLC purchased a new position in shares of Verint Systems during the second quarter valued at $187,000. Finally, Atria Investments LLC increased its stake in shares of Verint Systems by 1.3% during the second quarter. Atria Investments LLC now owns 4,908 shares of the technology company’s stock valued at $200,000 after buying an additional 63 shares during the period. Hedge funds and other institutional investors own 93.08% of the company’s stock.

Shares of Verint Systems Inc. (NASDAQ:VRNT) opened at 43.00 on Friday. The company’s 50-day moving average price is $40.40 and its 200-day moving average price is $40.26. The company’s market cap is $2.74 billion. Verint Systems Inc. has a 12 month low of $33.40 and a 12 month high of $44.70.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings results on Wednesday, September 6th. The technology company reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.14. Verint Systems had a positive return on equity of 9.90% and a negative net margin of 2.42%. The company had revenue of $278.20 million for the quarter, compared to the consensus estimate of $270.14 million. During the same quarter in the prior year, the business earned $0.57 EPS. Verint Systems’s revenue was up 5.3% on a year-over-year basis. Equities analysts forecast that Verint Systems Inc. will post $2.76 EPS for the current fiscal year.

Several equities analysts have recently commented on the company. Zacks Investment Research lowered Verint Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $49.00 price target on shares of Verint Systems in a research note on Thursday, September 28th. Royal Bank Of Canada restated a “buy” rating and set a $48.00 price target on shares of Verint Systems in a research note on Tuesday, August 15th. Finally, Deutsche Bank AG raised their price target on Verint Systems from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $46.43.

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Verint Systems Profile

Verint Systems Inc offers Actionable Intelligence solutions. The Company delivers its Actionable Intelligence solutions through two operating segments: Customer Engagement Solutions and Cyber Intelligence Solutions. It is a provider of customer engagement software and services that can be deployed on-premises or in the cloud.

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Institutional Ownership by Quarter for Verint Systems (NASDAQ:VRNT)

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