49,897 Shares in Verint Systems Inc. $VRNT Acquired by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. acquired approximately 49,897 shares of Verint Systems Inc. in the first quarter, totaling around $891,000. This represents about 0.08% of the company's stock as of their latest SEC filing.
• Verint Systems reported a missed earnings estimate in its latest quarter, with earnings per share at $0.29, falling short of the $0.41 consensus, and revenue down 6% year-over-year.
• Analysts have varied outlooks on Verint Systems, with price targets ranging from $20.50 to $30.00 and a consensus rating of "Hold."

Capital Fund Management S.A. purchased a new position in shares of Verint Systems Inc. (NASDAQ:VRNT - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 49,897 shares of the technology company's stock, valued at approximately $891,000. Capital Fund Management S.A. owned approximately 0.08% of Verint Systems at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Clark Capital Management Group Inc. increased its holdings in shares of Verint Systems by 0.4% during the 4th quarter. Clark Capital Management Group Inc. now owns 142,398 shares of the technology company's stock worth $3,909,000 after buying an additional 515 shares during the last quarter. Wells Fargo & Company MN increased its stake in Verint Systems by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 46,614 shares of the technology company's stock worth $1,280,000 after acquiring an additional 1,562 shares during the last quarter. MetLife Investment Management LLC raised its position in Verint Systems by 5.2% in the fourth quarter. MetLife Investment Management LLC now owns 37,507 shares of the technology company's stock valued at $1,030,000 after purchasing an additional 1,853 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Verint Systems in the 1st quarter valued at $40,000. Finally, Johnson Financial Group Inc. purchased a new position in shares of Verint Systems during the 4th quarter worth $62,000. 94.95% of the stock is currently owned by hedge funds and other institutional investors.

Verint Systems Stock Performance

NASDAQ VRNT remained flat at $20.39 during trading on Friday. The company's stock had a trading volume of 1,983,585 shares, compared to its average volume of 2,416,737. The firm has a market cap of $1.23 billion, a PE ratio of 24.87, a P/E/G ratio of 0.82 and a beta of 1.46. The stock has a 50-day simple moving average of $20.45 and a 200 day simple moving average of $19.62. Verint Systems Inc. has a 12 month low of $14.15 and a 12 month high of $34.80.

Verint Systems (NASDAQ:VRNT - Get Free Report) last posted its earnings results on Wednesday, June 4th. The technology company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.12). Verint Systems had a return on equity of 12.35% and a net margin of 7.66%.The business had revenue of $173.62 million for the quarter, compared to analysts' expectations of $194.61 million. During the same quarter in the previous year, the firm earned $0.59 EPS. Verint Systems's revenue for the quarter was down 6.0% compared to the same quarter last year. Verint Systems has set its FY 2026 guidance at 2.930-2.930 EPS. As a group, research analysts anticipate that Verint Systems Inc. will post 1.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VRNT has been the topic of several recent analyst reports. TD Cowen lowered shares of Verint Systems from a "strong-buy" rating to a "hold" rating in a report on Monday. Royal Bank Of Canada reiterated a "sector perform" rating and set a $20.50 price target (down from $29.00) on shares of Verint Systems in a research note on Tuesday. Needham & Company LLC lowered shares of Verint Systems from a "buy" rating to a "hold" rating in a research note on Monday. Rosenblatt Securities downgraded shares of Verint Systems from a "buy" rating to a "hold" rating and cut their target price for the stock from $40.00 to $20.50 in a research note on Monday. Finally, Wedbush lowered shares of Verint Systems from a "strong-buy" rating to a "hold" rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $27.71.

Verint Systems Company Profile

Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions.