Golden Gate Private Equity Inc. lifted its holdings in shares of Verint Systems Inc. (NASDAQ:VRNT) by 2.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,100 shares of the technology company’s stock after acquiring an additional 1,700 shares during the period. Verint Systems makes up 2.9% of Golden Gate Private Equity Inc.’s holdings, making the stock its 14th biggest holding. Golden Gate Private Equity Inc. owned 0.14% of Verint Systems worth $3,687,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Russell Investments Group Ltd. increased its position in shares of Verint Systems by 9,688.6% during the second quarter. Russell Investments Group Ltd. now owns 49,139 shares of the technology company’s stock worth $2,000,000 after acquiring an additional 48,637 shares in the last quarter. Martingale Asset Management L P increased its position in shares of Verint Systems by 207.6% during the second quarter. Martingale Asset Management L P now owns 165,947 shares of the technology company’s stock worth $6,755,000 after acquiring an additional 112,006 shares in the last quarter. Cipher Capital LP increased its position in shares of Verint Systems by 4.4% during the second quarter. Cipher Capital LP now owns 78,447 shares of the technology company’s stock worth $3,193,000 after acquiring an additional 3,322 shares in the last quarter. AHL Partners LLP increased its position in shares of Verint Systems by 118.9% during the second quarter. AHL Partners LLP now owns 99,139 shares of the technology company’s stock worth $4,035,000 after acquiring an additional 53,851 shares in the last quarter. Finally, Creative Planning increased its position in shares of Verint Systems by 0.9% during the second quarter. Creative Planning now owns 7,856 shares of the technology company’s stock worth $320,000 after acquiring an additional 67 shares in the last quarter. 94.39% of the stock is owned by institutional investors.

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VRNT has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Verint Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Royal Bank Of Canada reissued a “buy” rating and set a $48.00 target price on shares of Verint Systems in a research report on Tuesday, August 15th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $49.00 price objective on shares of Verint Systems in a research report on Thursday, September 7th. Finally, Deutsche Bank AG upped their price objective on shares of Verint Systems from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Thursday, September 7th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $46.43.

Shares of Verint Systems Inc. (NASDAQ VRNT) traded up $0.55 during mid-day trading on Wednesday, reaching $42.70. 410,800 shares of the company’s stock were exchanged, compared to its average volume of 419,936. Verint Systems Inc. has a twelve month low of $33.40 and a twelve month high of $44.70. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.72. The company has a market cap of $2,686.42, a P/E ratio of 26.18, a price-to-earnings-growth ratio of 2.33 and a beta of 1.25.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings data on Wednesday, September 6th. The technology company reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.14. Verint Systems had a negative net margin of 2.42% and a positive return on equity of 9.90%. The business had revenue of $278.20 million during the quarter, compared to the consensus estimate of $270.14 million. During the same period in the prior year, the firm posted $0.57 EPS. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. research analysts predict that Verint Systems Inc. will post 1.81 earnings per share for the current fiscal year.

Verint Systems Company 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.

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

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