Yahoo Finance Verint Systems Inc (VRNT) Chief Administrative Officer Peter Fante Sells 6,244 Shares
Chief Administrative Officer Peter Fante of Verint Systems Inc (NASDAQ:VRNT) has sold 6,244 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 sale amount of $187,862.96.
Verint Systems Inc is a global leader in Actionable Intelligence solutions for customer engagement optimization, security intelligence, and fraud, risk and compliance. The company helps organizations make more informed, effective, and timely decisions by providing them with actionable intelligence.
Over the past year, the insider has sold a total of 21,223 shares of Verint Systems Inc and has not made any purchases of the stock. The recent sale by Peter Fante continues a trend of insider selling at the company, with a total of 35 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of Verint Systems Inc were trading at $30.09, giving the company a market cap of $1.825 billion. The stock's price-earnings ratio stands at 100.90, which is above both the industry median of 26.42 and the company's historical median price-earnings ratio.
According to the GuruFocus Value, Verint Systems Inc has a price-to-GF-Value ratio of 0.73, indicating that the stock is Modestly Undervalued. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The stock's valuation metrics and the recent insider selling activity may be of interest to investors monitoring insider trends and assessing the company's stock value.
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.
This article first appeared on GuruFocus.
