Elan Moriah, President of Verint Systems Inc (VRNT, Financial), has sold 9,880 shares of the company on April 15, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $30.09 per share, resulting in a total value of $297,289.20.
Verint Systems Inc (VRNT, Financial) specializes in actionable intelligence solutions for customer engagement optimization, security intelligence, and fraud, risk and compliance. The company provides software and services to help organizations make more informed, effective, and timely decisions.
Over the past year, the insider has sold a total of 70,070 shares of Verint Systems Inc and has not made any purchases of the stock. The recent sale by the insider is part of a trend observed over the past year, where there have been no insider buys and 35 insider sells.
On the date of the insider's recent sale, Verint Systems Inc (VRNT, Financial) had a market cap of $1.825 billion. The stock's price-earnings ratio stood at 100.90, which is above the industry median of 26.42 and also higher than the company's historical median price-earnings ratio.
The stock was trading at $30.09, with a GuruFocus Value (GF Value) of $41.43, indicating that Verint Systems Inc was modestly undervalued with a price-to-GF-Value ratio of 0.73. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
The insider's recent transaction aligns with the overall selling trend among insiders at Verint Systems Inc, as depicted in the insider trend image above.
The GF Value image above provides a visual representation of the stock's valuation relative to its intrinsic value estimate according to GuruFocus.
For more detailed information on insider transactions and stock performance, investors and analysts are encouraged to visit the company's profile on GuruFocus.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
