Campbell Capital Management Inc. Makes New $110,000 Investment in Verint Systems Inc. (NASDAQ:VRNT)

Campbell Capital Management Inc. bought a new position in shares of Verint Systems Inc. (NASDAQ:VRNT) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 4,000 shares of the technology company’s stock, valued at approximately $110,000.

Several other institutional investors also recently made changes to their positions in VRNT. Global Alpha Capital Management Ltd. boosted its position in shares of Verint Systems by 39.5% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 1,717,703 shares of the technology company’s stock worth $47,151,000 after purchasing an additional 486,000 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Verint Systems by 26.5% in the 3rd quarter. Fisher Asset Management LLC now owns 1,516,409 shares of the technology company’s stock worth $38,411,000 after buying an additional 317,804 shares in the last quarter. Dana Investment Advisors Inc. purchased a new stake in shares of Verint Systems in the 4th quarter worth about $6,907,000. Disciplined Growth Investors Inc. MN purchased a new stake in shares of Verint Systems in the 3rd quarter worth about $5,083,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Verint Systems in the 4th quarter worth about $5,276,000. 94.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Verint Systems

In other news, CFO Grant A. Highlander sold 12,880 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $29.25, for a total transaction of $376,740.00. Following the completion of the transaction, the chief financial officer now owns 117,137 shares of the company’s stock, valued at $3,426,257.25. This represents a 9.91 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Peter Fante sold 16,233 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $27.52, for a total transaction of $446,732.16. Following the transaction, the insider now directly 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. 1.70% of the stock is currently owned by corporate insiders.

Verint Systems Trading Up 4.4 %

Shares of VRNT stock opened at $21.75 on Friday. The firm has a 50-day moving average price of $24.54 and a 200 day moving average price of $25.28. Verint Systems Inc. has a twelve month low of $20.67 and a twelve month high of $38.17. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 0.97 and a beta of 1.29. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. StockNews.com upgraded shares of Verint Systems from a “hold” rating to a “buy” rating in a research report on Wednesday. Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 price objective on shares of Verint Systems in a research report on Wednesday, January 15th. Jefferies Financial Group boosted their price objective on shares of Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a research report on Friday, December 6th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Verint Systems in a research report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average 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.