Fort Washington Investment Advisors Inc. OH Has $21.30 Million Stock Holdings in Verint Systems Inc. (NASDAQ:VRNT)

Fort Washington Investment Advisors Inc. OH boosted its position in Verint Systems Inc. (NASDAQ:VRNT) by 32.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 775,869 shares of the technology company’s stock after purchasing an additional 189,860 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Verint Systems were worth $21,298,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VRNT. State Street Corp lifted its position in shares of Verint Systems by 1.5% in the third quarter. State Street Corp now owns 1,573,801 shares of the technology company’s stock valued at $39,864,000 after buying an additional 23,400 shares during the last quarter. Global Alpha Capital Management Ltd. raised its stake in Verint Systems by 22.6% in the 3rd quarter. Global Alpha Capital Management Ltd. now owns 1,231,703 shares of the technology company’s stock valued at $31,199,000 after acquiring an additional 227,000 shares during the period. Geode Capital Management LLC lifted its holdings in Verint Systems by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,500,087 shares of the technology company’s stock valued at $38,004,000 after purchasing an additional 4,034 shares during the last quarter. Quantbot Technologies LP bought a new position in Verint Systems during the third quarter worth $58,000. Finally, Quest Partners LLC increased its holdings in shares of Verint Systems by 1,057.0% in the third quarter. Quest Partners LLC now owns 25,385 shares of the technology company’s stock valued at $643,000 after purchasing an additional 23,191 shares during the last quarter. Institutional investors own 94.95% of the company’s stock.

Insider Buying and Selling at Verint Systems

In related news, CFO Grant A. Highlander sold 12,880 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $29.25, for a total value of $376,740.00. Following the completion of the sale, the chief financial officer now directly owns 117,137 shares of the company’s stock, valued at $3,426,257.25. The trade was a 9.91 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Peter Fante sold 16,233 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $27.52, for a total value of $446,732.16. Following the sale, the insider now owns 73,314 shares of the company’s stock, valued at approximately $2,017,601.28. This represents a 18.13 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.70% of the company’s stock.

Verint Systems Stock Performance

Shares of VRNT stock opened at $25.15 on Thursday. The stock has a market capitalization of $1.57 billion, a PE ratio of 26.76, a PEG ratio of 1.06 and a beta of 1.24. The business’s 50 day simple moving average is $26.35 and its 200 day simple moving average is $27.49. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.32 and a quick ratio of 1.28. Verint Systems Inc. has a one year low of $21.27 and a one year high of $38.17.

Analyst Upgrades and Downgrades

VRNT has been the subject of several research analyst reports. StockNews.com downgraded shares of Verint Systems from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Verint Systems in a research report on Friday, January 10th. Wedbush reissued an “outperform” rating and set a $38.00 price target on shares of Verint Systems in a report on Thursday, September 26th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 price objective on shares of Verint Systems in a report on Wednesday, January 15th. Finally, Jefferies Financial Group increased their price objective on Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a research report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $35.67.

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.