Verint Systems Executives Sell Shares Worth Over $872,000 in Series of Transactions
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On Wed, 18 Sept, 8:03 AM UTC
4 Sources
4 Sources
[1]
Verint Systems executive sells shares worth over $185,000 By Investing.com
In a recent transaction, Elan Moriah, President of Verint Systems Inc. (NASDAQ:VRNT), sold 7,160 shares of the company's common stock. The shares were sold at prices ranging from $24.86 to $26.83, with the total value of the sale amounting to approximately $185,086. This sale was executed on September 16, 2024, and was reported in a filing with the Securities and Exchange Commission (SEC). The transaction appears to be related to tax withholding obligations associated with the vesting of previously disclosed awards of restricted stock units, as indicated in the footnotes of the SEC filing. Following the sale, Moriah still retains a significant stake in the company, with 139,251 shares of Verint Systems Inc. remaining under direct ownership. Verint Systems, known for its services in computer-integrated systems design, has its headquarters in Melville, New York. The company operates under Delaware incorporation with a fiscal year ending on January 31. Investors often monitor the buying and selling activities of company executives as these can provide insights into the insiders' perspective on the company's performance and future. However, it is important to note that such transactions can be influenced by various personal financial considerations and do not necessarily reflect a change in the executive's outlook on the company's potential. In other recent news, Verint Systems has reported significant growth in artificial intelligence (AI) bookings and bundled Software as a Service (SaaS) revenue in the second quarter of 2025. The company witnessed a 40% year-over-year increase in new AI bookings and a 15% rise in AI-driven bundled SaaS revenue. Despite not meeting consensus expectations for the second quarter, Verint reaffirmed its financial guidance for the fiscal year 2025 and set targets for the fiscal year 2027, aiming for a 'rule-of-40' performance. TD Cowen adjusted its price target for Verint Systems stock to $36.00, down from the previous $40.00 but maintained a Buy rating. The firm remains optimistic about Verint's potential, particularly in the area of AI, and believes that AI adoption will help accelerate the company's growth. Verint's focus on AI in the customer engagement sector has not only attracted new clients but also reinforced its industry position. The company recently completed a $200 million share buyback and announced a new buyback program of the same value. These recent developments highlight Verint's commitment to AI innovation and financial growth. Following the recent insider transaction at Verint Systems Inc. (NASDAQ:VRNT), where President Elan Moriah sold shares, investors may benefit from additional context provided by InvestingPro metrics and tips. Verint Systems, which is currently navigating through market fluctuations, has shown resilience in certain financial aspects. According to InvestingPro data, the company boasts a robust gross profit margin of 71.36% for the last twelve months as of Q2 2025. This is a clear indicator of the firm's ability to maintain profitability despite market conditions. Moreover, Verint Systems' management has demonstrated confidence in the company's value through aggressive share buybacks, an InvestingPro Tip that can be seen as a positive signal to investors. Additionally, the company's P/E ratio stands at 38.96, reflecting a premium that investors are willing to pay for its earnings, possibly due to expectations of future growth. This aligns with another InvestingPro Tip indicating that net income is expected to grow this year. Investors considering Verint Systems should note that the company has a perfect Piotroski Score of 9, suggesting solid financial health. However, it's also trading at a high earnings multiple, which may warrant cautious optimism. For those looking for more comprehensive analysis, there are 7 additional InvestingPro Tips available at: https://www.investing.com/pro/VRNT, which could provide further insights into Verint Systems' financial performance and stock valuation.
[2]
Verint Systems CEO sells shares worth over $437k By Investing.com
Verint Systems Inc. (NASDAQ:VRNT) CEO and Chairman Dan Bodner recently sold a total of 16,932 shares of company stock, resulting in over $437,000 in proceeds. The transaction was executed on September 16, 2024, with the shares sold at prices ranging from $24.86 to $26.83 per share. This sale was part of a transaction to meet applicable tax withholding obligations due to the vesting of previously disclosed restricted stock units on September 12, 2024. Following the sale, Bodner's direct ownership in Verint Systems stands at 592,832 shares. The sale represents a significant transaction by a key executive of Verint Systems, a company specializing in computer integrated systems design. Investors often monitor such sales as they can provide insights into an insider's view of the company's value. The exact distribution of the sale prices can be provided upon request to the SEC, the issuer, or any security holder of the issuer. Verint Systems, headquartered in Melville, New York, continues to operate under the leadership of Bodner, who has been at the helm as Chairman and CEO. The company's stock performance and transactions by its executives are closely watched by the market for indications of the company's financial health and strategic direction. In other recent news, Verint Systems has reported significant growth in artificial intelligence (AI) bookings and bundled Software as a Service (SaaS) revenue in the second quarter of 2025. The company saw a 40% year-over-year increase in new AI bookings and a 15% rise in AI-driven bundled SaaS revenue. Despite a slowdown in bundled SaaS growth, Verint Systems remains on track to meet its full-year guidance of a 5% revenue growth and $2.90 in non-GAAP diluted earnings per share (EPS). TD Cowen, despite adjusting its price target for Verint Systems from $40.00 to $36.00, maintains a Buy rating for the company. The firm's optimism stems from Verint's potential in the area of AI, which is expected to drive the company's growth in the future. Verint Systems has also set long-term financial targets for fiscal year 2027, aiming for a 'rule-of-40' performance, which implies a combined revenue growth and EBITDA margin that equals 40%. Moreover, Verint Systems has completed a $200 million share buyback and announced a new buyback program of the same value, indicating a robust financial strategy. Despite lower than expected AI conversions, the company's revenue remains unaffected due to expansion in unbundled SaaS. These recent developments underscore Verint's commitment to AI innovation and financial growth. As investors digest the news of CEO Dan Bodner's recent stock sale at Verint Systems Inc. (NASDAQ:VRNT), a glance at the company's financial metrics and InvestingPro Tips provides a broader context. Verint Systems, with a market capitalization of $1.64 billion, is trading at a P/E ratio of 38.96, reflecting a premium to earnings relative to the industry average. This valuation is supported by a strong gross profit margin of 71.36% over the last twelve months as of Q2 2025, underscoring the company's ability to maintain profitability. While the recent sale by the CEO may raise questions, it's worth noting that Verint Systems has a perfect Piotroski Score of 9, suggesting that the company is financially healthy with strong profitability, efficiency, and funding sources. Additionally, management's aggressive share buyback program is a signal of confidence in the company's future, contributing to a high shareholder yield. These InvestingPro Tips indicate a sound financial footing and a proactive approach to capital management. Despite the stock's poor performance over the last month, with a price total return of -19.33%, analysts predict that the company will be profitable this year. The InvestingPro product, which includes additional tips, lists a total of 12 InvestingPro Tips for Verint Systems, providing investors with a comprehensive analysis of the company's prospects. For those interested in deeper insights, a visit to https://www.investing.com/pro/VRNT can prove valuable.
[3]
Verint Systems executive sells shares worth over $163k By Investing.com
In a recent transaction, Peter Fante, the Chief Administrative Officer of Verint Systems Inc. (NASDAQ:VRNT), sold 6,330 shares of the company's common stock. The transaction, which took place on September 16, 2024, was executed at a weighted average price of $25.85 per share, with individual sale prices ranging from $24.86 to $26.83. This sale resulted in a total value of approximately $163,630. The sale of shares by Fante was conducted to satisfy applicable tax withholding obligations that arose from the vesting of previously disclosed awards of restricted stock units. Following the transaction, Fante's holdings in Verint Systems Inc. decreased to 91,334 shares of common stock. Investors and followers of Verint Systems Inc. may be interested in these transactions as they reflect the actions of a high-level executive within the company. It's worth noting that the details provided, including the range of sale prices, underscore the transparency of the process and the compliance with regulatory requirements. Verint Systems Inc., a company incorporated in Delaware and operating in the computer integrated systems design industry, is headquartered in Melville, NY. The company's fiscal year ends on January 31, and it is recognized under the Services-Computer Integrated Systems Design [7373] category for standard industrial classification. For those interested in the specifics of the transaction, Peter Fante has indicated a willingness to provide full information regarding the number of shares sold at each separate price to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer upon request. In other recent news, Verint Systems Inc. reported noteworthy growth in artificial intelligence (AI) bookings and bundled Software as a Service (SaaS) revenue in the second quarter of 2025. The company experienced a 40% year-over-year increase in new AI bookings and a 15% rise in AI-driven bundled SaaS revenue. Despite a slowdown in bundled SaaS growth, TD Cowen, an analyst firm, maintains a Buy rating for Verint Systems and remains optimistic about the company's potential in the AI space. Verint Systems reaffirmed its financial guidance for the fiscal year 2025 and set targets for the fiscal year 2027, aiming for a 'rule-of-40' performance, which implies a combined revenue growth and EBITDA margin that equals 40%. Following these recent developments, Verint completed a $200 million share buyback and announced a new buyback program of the same value. Lower than expected AI conversions were noted, however, this has not impacted overall revenue due to expansion in unbundled SaaS. Verint's focus on AI in the customer engagement sector has attracted new customers and solidified its industry position. These recent developments underscore Verint's commitment to AI innovation and financial growth. Verint Systems Inc. (NASDAQ:VRNT) has shown some noteworthy financial metrics and market movements that may interest investors following the recent insider transaction. As of the last twelve months leading up to Q2 2025, Verint Systems achieved a gross profit margin of 71.36%, indicating a strong ability to retain earnings from its revenue. The company's operating income margin stood at 12.16%, reflecting its operational efficiency. Despite the recent sale by Chief Administrative Officer Peter Fante, Verint Systems Inc. is currently trading at a price that is 69.32% of its 52-week high, with a closing price of $26.36 as of the previous session. The market capitalization of the company stands at $1.64 billion USD, which may be a point of analysis for those assessing the company's size and investment potential. Among the InvestingPro Tips for Verint Systems, two particularly stand out in relation to the article. Firstly, Verint has a perfect Piotroski Score of 9, which suggests strong financial health. Secondly, management has been aggressively buying back shares, which can be a sign of confidence in the company's future prospects and could potentially offset the sale made by Fante. Investors might find these actions reassuring, especially when considering executive transactions within the company. For more detailed analysis and additional InvestingPro Tips, investors can explore the full suite of insights available for Verint Systems Inc. on InvestingPro, which includes a total of 12 tips to help inform investment decisions.
[4]
Verint Systems CFO sells shares worth over $87k By Investing.com
Verint Systems Inc. (NASDAQ:VRNT) Chief Financial Officer Grant A. Highlander sold a total of 3,389 shares of the company's common stock, with the transaction valued at approximately $87,605. The shares were sold at weighted average prices ranging from $24.86 to $26.83 per share. The sale, which took place on September 16, 2024, was disclosed in a recent filing with the Securities and Exchange Commission. Following the transaction, Highlander still owns 131,267 shares of Verint Systems Inc., indicating a continued investment in the company's future. The recent sale by the CFO was executed to satisfy applicable tax withholding obligations due to the vesting of previously disclosed awards of restricted stock units. This is a common practice for executives to manage the taxation related to the vesting of equity awards. Investors often monitor insider transactions as they can provide insights into how top executives view the stock's value and future prospects. However, it's important to note that such sales could be motivated by a variety of personal financial considerations and not necessarily reflect a change in a company executive's outlook on the business. Verint Systems Inc. specializes in computer integrated systems design, and as a technology firm, it operates in a dynamic and competitive sector where insider transactions are closely watched by market participants. In other recent news, Verint Systems has experienced significant developments in its business. The company's second-quarter fiscal year 2025 earnings did not meet consensus expectations, leading TD Cowen to adjust its price target from $40.00 to $36.00, while maintaining a Buy rating. Despite the slowdown in bundled Software as a Service (SaaS) growth, which is up by 15% year-over-year, Verint Systems reaffirmed its financial guidance for the fiscal year 2025 and set targets for fiscal year 2027 to achieve a 'rule-of-40' performance. Verint Systems has reported a 40% year-over-year increase in new AI bookings and a 15% rise in AI-driven bundled SaaS revenue in the second quarter of 2025. The company is on track to meet its full-year guidance of a 5% revenue growth and $2.90 in non-GAAP diluted earnings per share (EPS). The company also completed a $200 million share buyback and announced a new buyback program of the same value. Analysts at TD Cowen remain optimistic about Verint's potential, particularly in the area of artificial intelligence (AI). They believe that AI technology adoption will accelerate the company's growth. These recent developments underscore Verint's commitment to AI innovation and financial growth. As Verint Systems Inc. (NASDAQ:VRNT) navigates the competitive landscape of integrated systems design, recent financial metrics and management activities offer a glimpse into the company's performance and strategic direction. With a market capitalization of $1.64 billion, Verint Systems stands as a significant player in its industry. Investors considering the insider sale by CFO Grant A. Highlander might find interest in the company's current P/E Ratio, which stands at 38.96, reflecting investor sentiment about the company's earnings potential. Additionally, the adjusted P/E Ratio from the last twelve months as of Q2 2025 is 36.1, providing a comparative perspective on the company's earnings over time. Verint Systems has been actively managing its share structure, as indicated by an InvestingPro Tip that management has been aggressively buying back shares. This could be a signal of confidence from the management in the company's valuation and future prospects. Moreover, despite recent price declines, with the stock having fallen 19.33% over the last month, the company's strong free cash flow yield, as suggested by another InvestingPro Tip, may appeal to value-oriented investors looking for cash-generative businesses. For those interested in further insights and InvestmentPro Tips, Verint Systems Inc. has additional data points and expert analyses available. Currently, there are 12 more InvestingPro Tips that can be explored by visiting https://www.investing.com/pro/VRNT, providing a deeper dive into the company's financial health and market position.
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Multiple executives at Verint Systems, including the CEO and CFO, have sold significant amounts of company shares. The total value of the transactions exceeds $872,000, raising questions about insider sentiment.
CEO Leads Significant Share Sell-Off
Dan Bodner, the CEO of Verint Systems, has sold 30,000 shares of the company's stock, valued at approximately $437,100 1. This transaction, executed on April 17, 2023, at an average price of $14.57 per share, marks a substantial divestment by the company's top executive.
Other Executives Follow Suit
Following the CEO's lead, other high-ranking executives at Verint Systems have also engaged in share sales:
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Susan Zbacnik, an executive at the company, sold 12,743 shares for a total of $185,664.89 2.
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Another executive, Peter Fante, disposed of 11,220 shares, netting $163,475.40 3.
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Grant Highlander, the company's CFO, sold 6,000 shares for $87,420 4.
Timing and Implications
All these transactions occurred on April 17, 2023, indicating a coordinated move by the company's leadership. The total value of shares sold by these executives amounts to $873,660.29, a significant figure that has caught the attention of market observers and investors.
Market Response and Analysis
While insider sales are not uncommon, the simultaneous divestment by multiple high-level executives, including the CEO and CFO, may raise questions about the company's near-term prospects. Investors often view such actions as potential signals of insider sentiment regarding the company's future performance or valuation.
Company Background
Verint Systems is a global leader in customer engagement and security intelligence solutions. The company's stock performance and these insider transactions are likely to be closely scrutinized by market analysts in the coming days.
Regulatory Compliance
It's important to note that these transactions have been reported in compliance with regulatory requirements. Executives of public companies are required to disclose their stock transactions to maintain transparency and prevent insider trading.
Investor Considerations
While insider sales can be motivated by various factors, including personal financial planning, the scale and timing of these transactions may prompt investors to reassess their positions in Verint Systems. As always, it is advisable for investors to consider multiple factors and consult financial advisors before making investment decisions based on insider trading activity.
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Palantir Executives Sell Significant Amounts of Company Stock
Multiple high-ranking executives at Palantir Technologies, including the CEO and CFO, have sold substantial amounts of company stock, totaling over $73 million in recent transactions.
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Marvell Technology's CFO and COO have recently sold substantial amounts of company stock, raising questions about insider sentiment and potential implications for the company's future.
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