12,285 Shares in Verint Systems Inc. (NASDAQ:VRNT) Purchased by World Investment Advisors LLC

World Investment Advisors LLC purchased a new stake in Verint Systems Inc. (NASDAQ:VRNT) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,285 shares of the technology company’s stock, valued at approximately $311,000.

Several other large investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC increased its stake in shares of Verint Systems by 26.5% in the third quarter. Fisher Asset Management LLC now owns 1,516,409 shares of the technology company’s stock valued at $38,411,000 after buying an additional 317,804 shares in the last quarter. Victory Capital Management Inc. increased its position in Verint Systems by 5.9% in the 2nd quarter. Victory Capital Management Inc. now owns 4,143,227 shares of the technology company’s stock valued at $133,412,000 after acquiring an additional 232,499 shares in the last quarter. Global Alpha Capital Management Ltd. raised its stake in shares of Verint Systems by 22.6% in the third quarter. Global Alpha Capital Management Ltd. now owns 1,231,703 shares of the technology company’s stock worth $31,199,000 after acquiring an additional 227,000 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its position in shares of Verint Systems by 35.1% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 814,959 shares of the technology company’s stock worth $26,242,000 after purchasing an additional 211,570 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN bought a new stake in shares of Verint Systems during the third quarter valued at approximately $5,083,000. 94.95% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VRNT has been the subject of several research analyst reports. Evercore ISI dropped their price objective on shares of Verint Systems from $34.00 to $30.00 and set an “in-line” rating for the company in a research report on Thursday, September 5th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $36.00 price target on shares of Verint Systems in a research note on Thursday, December 5th. Wedbush reiterated an “outperform” rating and issued a $38.00 price objective on shares of Verint Systems in a research report on Thursday, September 26th. Jefferies Financial Group boosted their price objective on Verint Systems from $28.00 to $34.00 and gave the stock a “hold” rating in a report on Friday, December 6th. Finally, StockNews.com raised shares of Verint Systems from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.67.

Verint Systems Price Performance

Shares of VRNT opened at $28.21 on Thursday. The stock has a market cap of $1.76 billion, a P/E ratio of 30.01, a price-to-earnings-growth ratio of 1.25 and a beta of 1.28. Verint Systems Inc. has a 1 year low of $21.27 and a 1 year high of $38.17. The stock’s 50-day moving average price is $24.75 and its two-hundred day moving average price is $28.82. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47.

About Verint Systems

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.