On December 18, 2023, Elan Moriah, President of Verint Systems Inc, executed a sale of 4,944 shares of the company. The transaction was filed with the SEC and can be found through this SEC Filing.
Verint Systems Inc, listed under the ticker VRNT, operates in the technology sector, focusing on actionable intelligence solutions. The company's services are designed to help organizations make more informed, effective, and timely decisions. Verint Systems Inc provides solutions that capture, distill, and analyze complex and underused information sources, such as voice, video, and unstructured text.
Over the past year, the insider has sold a total of 90,288 shares and has not made any purchases. The company's insider transaction history indicates a total of 42 insider sells and no insider buys over the same timeframe.
On the date of the insider's recent transaction, shares of Verint Systems Inc were trading at $27.46, resulting in a market cap of $1.716 billion.
The stock's price-earnings ratio stands at 680.78, which is significantly above both the industry median of 26.73 and the company's historical median price-earnings ratio.
According to the GF Value, with a share price of $27.46 and a GuruFocus Value of $47.32, Verint Systems Inc has a price-to-GF-Value ratio of 0.58. This suggests that the stock might be a possible value trap and warrants caution before investing.
The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
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.
