Rep. Kevin Hern Unloads Shares of Versant Corporation (NASDAQ:VSNT)

Key Points

• Rep. Kevin Hern sold $1,001–$15,000 of Versant (NASDAQ: VSNT) on August 5 through the Hern Family Foundation account. He also sold similarly valued positions in six other consumer-related companies, including Diageo, Comcast and Mondelez.
• Versant reported quarterly earnings of $1.49 per share, exceeding analysts’ $1.39 estimate, on revenue of $1.64 billion. The company also paid a $0.375-per-share dividend, with a 75.38% payout ratio.
• VSNT shares opened at $36.76, while analysts maintain a predominantly neutral outlook: the stock has an average “Hold” rating and a consensus price target of $43.20.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Versant Corporation NASDAQ: VSNT. In a filing disclosed on August 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Versant stock on August 5th. The trade occurred in the Representative's "HERN FAMILY FOUNDATION" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 8/5/2026.
• Sold $1,001 - $15,000 in shares of Estee Lauder Companies NYSE: EL on 8/5/2026.
• Sold $1,001 - $15,000 in shares of Organon & Co. NYSE: OGN on 8/5/2026.
• Sold $1,001 - $15,000 in shares of Mondelez International NASDAQ: MDLZ on 8/5/2026.
• Sold $1,001 - $15,000 in shares of Comcast NASDAQ: CMCSA on 8/5/2026.
• Sold $1,001 - $15,000 in shares of Kenvue NYSE: KVUE on 8/5/2026.

Versant Stock Performance

Shares of VSNT opened at $36.76 on Wednesday. Versant Corporation has a 1 year low of $27.17 and a 1 year high of $59.00. The company has a market cap of $5.10 billion and a price-to-earnings ratio of 18.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.38 and a current ratio of 2.38. The firm has a fifty day moving average of $37.34 and a 200-day moving average of $36.91.

Versant (NASDAQ:VSNT - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates of $1.39 by $0.10. The firm had revenue of $1.64 billion during the quarter. As a group, equities analysts anticipate that Versant Corporation will post 4.28 earnings per share for the current year.

Versant Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Wednesday, July 1st. Versant's payout ratio is 75.38%.

Institutional Investors Weigh In On Versant

A number of institutional investors and hedge funds have recently modified their holdings of VSNT. Massachusetts Financial Services Co. MA acquired a new position in shares of Versant in the 4th quarter valued at $24,134,000. Cheviot Value Management LLC acquired a new position in shares of Versant in the fourth quarter worth about $795,000. HBK Sorce Advisory LLC purchased a new position in shares of Versant in the fourth quarter worth approximately $646,000. Janney Montgomery Scott LLC purchased a new position in shares of Versant in the fourth quarter worth approximately $203,000. Finally, Barclays PLC acquired a new stake in shares of Versant during the fourth quarter valued at approximately $112,000.

Analysts Set New Price Targets

Several brokerages have commented on VSNT. JPMorgan Chase & Co. initiated coverage on shares of Versant in a research note on Tuesday, May 12th. They issued a "neutral" rating and a $43.00 price target on the stock. TD Cowen raised their target price on Versant from $35.00 to $39.00 and gave the company a "hold" rating in a research report on Friday. Weiss Ratings upgraded Versant from a "sell (d+)" rating to a "hold (c)" rating in a research report on Thursday, May 21st. The Goldman Sachs Group increased their price target on Versant from $37.00 to $42.00 and gave the stock a "neutral" rating in a research note on Thursday, May 14th. Finally, Zacks Research raised Versant from a "hold" rating to a "strong-buy" rating in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $43.20.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Versant

Versant Corporation is a provider of data management software. The Company designs, develops, markets and supports database management system products that companies use to solve data management and data integration issues. It also provides related product support, training and consulting services to assist users of the Company's products in developing and deploying software applications based on its products. The Company's Versant Object Database product is used primarily by enterprises, which have data management requirements, such as technology providers, telecommunications carriers, Government defense agencies, defense contractors, healthcare companies and companies in the financial services and transportation industries.

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