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Verint Systems (NASDAQ:VRNT) Director Larry F. Myers sold 1,495 shares of the stock in a transaction that occurred on Thursday, June 19th. The shares were sold at an average price of $49.90, for a total value of $74,600.50. Following the completion of the sale, the director now directly owns 11,704 shares of the company’s stock, valued at approximately $584,030. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Verint Systems in a research note on Monday. They now have a $60.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Verint Systems in a research note on Monday, June 16th. They now have a $55.00 price target on the stock, down previously from $56.50. Finally, analysts at Imperial Capital raised their price target on shares of Verint Systems from $55.00 to $58.00 in a research note on Friday, June 6th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Verint Systems presently has a consensus rating of “Buy” and an average target price of $57.21.

Shares of Verint Systems (NASDAQ:VRNT) traded down 1.47% on Monday, hitting $49.66. The stock had a trading volume of 482,260 shares. Verint Systems has a 1-year low of $32.80 and a 1-year high of $53.19. The stock’s 50-day moving average is $46.21 and its 200-day moving average is $45.23. The company has a market cap of $2.684 billion and a price-to-earnings ratio of 30.34.

Verint Systems (NASDAQ:VRNT) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.55 by $0.17. The company had revenue of $257.40 million for the quarter, compared to the consensus estimate of $254.99 million. During the same quarter last year, the company posted $0.44 earnings per share. Verint Systems’s revenue was up 25.3% compared to the same quarter last year. On average, analysts predict that Verint Systems will post $3.40 earnings per share for the current fiscal year.

Verint Systems Inc (NASDAQ:VRNT) is engaged in Actionable Intelligence solutions and value-added services.

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