William Kurtz Sells 1,800 Shares of Verint Systems Stock
July 6, 2023
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On Friday, June 30th, William Kurtz, a Director of Verint Systems ($NASDAQ:VRNT) Inc., sold 1,800 shares of his company’s stock in a transaction. Verint Systems Inc. is a publicly traded global provider of Actionable Intelligence solutions, headquartered in Melville, New York. The company’s comprehensive portfolio of solutions helps organizations to capture, distill, and analyze complex and underused information sources, such as voice, video, and unstructured text.
The company has had a tumultuous year so far, and investors will be hoping for a recovery in the second half of the year. Despite this recent dip, the company remains well-positioned for long-term growth as it looks to capitalize on the digital transformation trend.
Price History
The stock closed at $34.1, down 2.0% from the previous closing price of $34.8. It is unclear why Kurtz decided to sell part of his stake in the company; however, some analysts believe this could be a sign of caution ahead of Verint Systems‘ upcoming financial earnings report. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Verint Systems. More…
| Total Revenues | Net Income | Net Margin |
| 900.9 | -2.89 | 1.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Verint Systems. More…
| Operations | Investing | Financing |
| 145.9 | -60.13 | -111.36 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Verint Systems. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.24k | 978.71 | 19.56 |
Key Ratios Snapshot
Some of the financial key ratios for Verint Systems are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -10.9% | -6.2% | 7.9% |
| FCF Margin | ROE | ROA |
| 12.3% | 3.5% | 2.0% |
Analysis
At GoodWhale, our analysis of VERINT SYSTEMS‘s financials reveals that the company is classified as ‘sloth’ according to the Star Chart. This type of company has achieved revenue and earnings growth slower than the overall economy. Considering its cashflows and debt, VERINT SYSTEMS has a high health score of 8/10, indicating that it is capable to sustain future operations in times of crisis. In terms of the financials, VERINT SYSTEMS is strong in terms of profitability, but weak in asset, dividend, and growth. Given the company’s financials and health score, investors who are looking for a low-risk but moderate-return investment may be interested in VERINT SYSTEMS. The company may offer a steady return on investments and may be a good option for conservative investors. More…
Peers
Headquartered in Melville, New York, the company employs more than 10,000 people worldwide. Its competitors include SysGroup PLC, Coveo Solutions Inc, ECSC Group PLC.
– SysGroup PLC ($LSE:SYS)
PLC is a global provider of integrated communications and collaboration solutions, with a market cap of 10.13M as of 2022. PLC’s Return on Equity (ROE) is 2.07%. PLC’s products and services enable businesses and organizations to communicate and collaborate more effectively.
– Coveo Solutions Inc ($TSX:CVO)
Coveo is a company that provides search and analytics tools that help organizations make better decisions and drive better results. The company has a market cap of 549.37M as of 2022 and a ROE of 59.41%. Coveo’s products and services enable organizations to connect with their customers and employees in a more meaningful way, and to make better decisions that drive better results. The company’s mission is to help organizations reach their full potential by harnessing the power of information.
– ECSC Group PLC ($LSE:ECSC)
ESSC Group PLC is a leading provider of energy services and solutions. The company has a market cap of 2.4M and a ROE of 452.76%. ESSC Group PLC provides a full range of energy services and solutions to businesses and households across the UK. The company offers a wide range of services including energy procurement, energy management, renewable energy solutions, and carbon management.
Summary
Verint Systems Inc. (VRNT) has seen an increase in insider activity recently, with Director William Kurtz selling 1,800 shares of the company’s stock on June 30th. This trend suggests that insiders are reducing their holdings in the company, potentially indicating a lack of confidence in the future performance of the stock. Investors may want to evaluate the sell-off and determine whether it suggests a need to reevaluate their current position in VRNT. Fundamental analysis of the company’s financials should be conducted to determine whether the stock is a worthwhile investment.
Additionally, market trends and competitor performance should be taken into account to determine if VRNT is a good choice for long-term investing.
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