Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 15,036 Shares of Cognyte Software Ltd. (NASDAQ:CGNT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Cognyte Software Ltd. (NASDAQ:CGNT) by 41.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 51,448 shares of the company’s stock after acquiring an additional 15,036 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.07% of Cognyte Software worth $445,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Tidal Investments LLC boosted its holdings in Cognyte Software by 4.6% in the 3rd quarter. Tidal Investments LLC now owns 59,902 shares of the company’s stock worth $407,000 after buying an additional 2,648 shares during the period. R Squared Ltd purchased a new position in shares of Cognyte Software in the fourth quarter valued at $26,000. Scalar Gauge Management LLC raised its stake in shares of Cognyte Software by 3.5% during the 3rd quarter. Scalar Gauge Management LLC now owns 440,032 shares of the company’s stock valued at $2,988,000 after purchasing an additional 15,000 shares during the period. XTX Topco Ltd purchased a new stake in Cognyte Software during the 3rd quarter worth about $169,000. Finally, Centiva Capital LP bought a new position in Cognyte Software in the 3rd quarter worth about $172,000. 72.92% of the stock is owned by hedge funds and other institutional investors.

Cognyte Software Price Performance

NASDAQ:CGNT opened at $8.10 on Friday. Cognyte Software Ltd. has a twelve month low of $6.21 and a twelve month high of $11.12. The stock has a market cap of $582.34 million, a P/E ratio of -42.63 and a beta of 1.77. The business’s 50-day moving average price is $9.23 and its two-hundred day moving average price is $8.17.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CGNT shares. Needham & Company LLC reissued a “hold” rating on shares of Cognyte Software in a report on Thursday, December 12th. StockNews.com cut shares of Cognyte Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

About Cognyte Software

Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. Its Actionable Intelligence for a Safer World, an open software designed to help governments and enterprises accelerate and enhance the effectiveness of investigations. The company offers network intelligence analytics, threat intelligence analytics, decision intelligence analytics, and operational intelligence analytics solutions.