Important Short Interest Filing: Verint Systems Incorporated (NASDAQ:VRNT)’s Stock Is Sell After More Market Selling

November 21, 2016 - By Ellis Scott   ·   0 Comments

Important Short Interest Filing: Verint Systems Incorporated (NASDAQ:VRNT)'s Stock Is Sell After More Market Selling

The stock of Verint Systems Incorporated (NASDAQ:VRNT) registered an increase of 26.31% in short interest. VRNT’s total short interest was 2.26 million shares in November as published by FINRA. Its up 26.31% from 1.79M shares, reported previously. With 888,100 shares average volume, it will take short sellers 3 days to cover their VRNT’s short positions. The short interest to Verint Systems Incorporated’s float is 3.98%. The stock closed at $37.2 during the last session. It is down 5.62% since April 19, 2016 and is uptrending. It has outperformed by 1.76% the S&P500.

Verint Systems Inc. offers Actionable Intelligence solutions. The company has a market cap of $2.35 billion. The Company’s Actionable Intelligence solutions address Customer Engagement Optimization, Security Intelligence, and Fraud, Risk and Compliance. It currently has negative earnings. It offers services, such as strategic consulting, implementation services, training, maintenance and round the clock support, as well as a range of deployment models.

Insitutional Activity: The institutional sentiment increased to 1.03 in Q2 2016. Its up 0.07, from 0.96 in 2016Q1. The ratio is positive, as 34 funds sold all Verint Systems Inc. shares owned while 61 reduced positions. 32 funds bought stakes while 59 increased positions. They now own 57.30 million shares or 3.66% less from 59.48 million shares in 2016Q1.
Renaissance Technology Ltd Llc reported 454,070 shares or 0.03% of all its holdings. Arrowgrass Partners (Us) Limited Partnership has 114,375 shares for 0.04% of their US portfolio. Moreover, First Mercantile Trust Commerce has 0.04% invested in Verint Systems Inc. (NASDAQ:VRNT) for 10,700 shares. Glenmede Tru Na owns 65 shares or 0% of their US portfolio. Riverbridge Partners Ltd Company accumulated 1.19% or 1.73 million shares. Bank & Trust Of Montreal Can, a Ontario – Canada-based fund reported 95,515 shares. Hartford Investment Management Comm accumulated 132,238 shares or 0.09% of the stock. Moreover, Wells Fargo & Mn has 0% invested in Verint Systems Inc. (NASDAQ:VRNT) for 89,643 shares. Solaris Asset Management Ltd Limited Liability Company holds 0.01% or 280 shares in its portfolio. Rs Invest Mngmt Lc owns 1.08 million shares or 0.37% of their US portfolio. Ladenburg Thalmann Serv holds 0% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT) for 455 shares. Bnp Paribas Arbitrage reported 2,458 shares or 0% of all its holdings. Blackrock Fund reported 1.77M shares or 0.01% of all its holdings. Sirios Mgmt L P accumulated 971,201 shares or 1.54% of the stock. Moreover, Carroll Associates has 0% invested in Verint Systems Inc. (NASDAQ:VRNT) for 105 shares.

Insider Transactions: Since September 12, 2016, the stock had 0 buys, and 1 sale for $159,155 net activity. MYERS LARRY F sold 4,243 shares worth $159,155.

Verint Systems Inc. (NASDAQ:VRNT) Ratings Coverage

Out of 8 analysts covering Verint Systems (NASDAQ:VRNT), 6 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 75% are positive. Verint Systems has been the topic of 20 analyst reports since September 3, 2015 according to StockzIntelligence Inc. FBR Capital maintained the stock with “Outperform” rating in Thursday, September 3 report. The stock has “Outperform” rating given by Imperial Capital on Thursday, October 8. The stock has “Outperform” rating given by FBR Capital on Thursday, December 3. The stock has “Buy” rating given by Deutsche Bank on Thursday, December 3. On Thursday, September 3 the stock rating was maintained by Oppenheimer with “Outperform”. The firm has “Outperform” rating given on Thursday, September 3 by Credit Suisse. As per Wednesday, March 30, the company rating was downgraded by Credit Suisse. The stock of Verint Systems Inc. (NASDAQ:VRNT) earned “Outperform” rating by RBC Capital Markets on Friday, September 4. The stock of Verint Systems Inc. (NASDAQ:VRNT) earned “Outperform” rating by Imperial Capital on Friday, September 9. William Blair upgraded Verint Systems Inc. (NASDAQ:VRNT) on Tuesday, September 29 to “Outperform” rating.

VRNT Company Profile

Verint Systems Inc., incorporated in February 23, 1994, offers Actionable Intelligence solutions. The Company’s Actionable Intelligence solutions address: Customer Engagement Optimization, Security Intelligence, and Fraud, Risk and Compliance. The Firm offers services, such as strategic consulting, implementation services, training, maintenance and around the clock support, as well as a range of deployment models, including on premises, hosted, managed services and software as a service (SaaS). The Firm has three operating divisions: Enterprise Intelligence Solutions (Enterprise Intelligence), Cyber Intelligence Solutions (Cyber Intelligence), and Video and Situation Intelligence Solutions (Video Intelligence). The Firm addresses the Customer Engagement Optimization market through solutions from its Enterprise Intelligence segment. It addresses the Security Intelligence market through solutions from its Cyber Intelligence segment and Video Intelligence segment. It addresses the Fraud, Risk and Compliance market through solutions from all the three operating divisions.

More notable recent Verint Systems Inc. (NASDAQ:VRNT) news were published by: Fool.com which released: “Why Verint Systems, Inc. Stock Plunged Today” on March 30, 2016, also Streetinsider.com with their article: “Verint Systems (VRNT) Acquires OpinionLab” published on November 16, 2016, Fool.com published: “Why Verint Systems Inc. Stock Plunged Today” on December 03, 2015. More interesting news about Verint Systems Inc. (NASDAQ:VRNT) were released by: Newsday.com and their article: “Verint Systems buys Virginia cloud, mobile company” published on February 24, 2016 as well as Marketwatch.com‘s news article titled: “Verint Systems shares plunge on earnings, outlook miss” with publication date: March 29, 2016.

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By Ellis Scott


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