Verint Systems Inc (VRNT) Chairman & CEO Dan Bodner Sells 33,472 Shares
Dan Bodner, Chairman & Chief Executive Officer of Verint Systems Inc (NASDAQ:VRNT), has sold 33,472 shares of the company on March 20, 2024, according to a recent SEC Filing. Verint Systems Inc is a company that provides actionable intelligence solutions for customer engagement optimization, security intelligence, and fraud, risk and compliance. These solutions help organizations make more informed, effective, and timely decisions.
Over the past year, the insider has sold a total of 367,966 shares and has not made any purchases of the company's stock.
The insider transaction history for Verint Systems Inc indicates a pattern of sales by insiders over the past year, with 43 insider sells and no insider buys recorded.
On the date of the insider's recent sale, shares of Verint Systems Inc were trading at $31.29, giving the company a market capitalization of $1.990 billion.
The stock's price-earnings ratio stands at 790.00, which is significantly above both the industry median of 28.03 and the company's historical median price-earnings ratio.
With the current share price of $31.29 and a GuruFocus Value of $48.95, Verint Systems Inc has a price-to-GF-Value ratio of 0.64, indicating that the stock is considered Significantly Undervalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, 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.
This article first appeared on GuruFocus.
