Verint Systems CFO sells over $87,000 worth of stock via Investing.com

Verint Systems Inc. (NASDAQ:) Chief Financial Officer Grant A. Highlander sold a total of 3,389 shares of the company’s common stock, valued at approximately $87,605. The shares were sold at weighted average prices ranging from $24.86 to $26.83 per share.

The sale, which took place on September 16, 2024, was disclosed in a recent filing with the Securities and Exchange Commission. Following the transaction, Highlander still owns 131,267 shares of Verint Systems Inc., indicating a continued investment in the company’s future.

The recent sale by the CFO was made to satisfy applicable withholding tax obligations due to the grant of previously disclosed restricted stock units. This is common practice for directors to manage taxation related to the award of equity awards.

Investors often monitor insider trading because it can provide insight into how top executives view stock value and future prospects. However, it is important to note that such sales could be motivated by a variety of personal financial considerations and do not necessarily reflect a change in a company executive’s perspective on the business.

Verint Systems Inc. specializes in the design of integrated computer systems and, as a technology firm, operates in a dynamic and competitive sector where insider trading is closely watched by market participants.

In other recent news, Verint Systems has seen significant developments in its business. The company’s second-quarter fiscal 2025 earnings missed consensus expectations, prompting TD Cowen to adjust its price target from $40.00 to $36.00, while maintaining a Buy rating. Despite slowing software-as-a-service (SaaS) growth, which is growing 15% year-over-year, Verint Systems reaffirmed its fiscal 2025 financial guidance and set fiscal 2027 targets to reach a “40” performance rule.

Verint Systems reported 40% year-over-year growth in new AI bookings and 15% growth in AI-driven bundled SaaS revenue in the second quarter of 2025. The company is on track to meet its full-year guidance year of a 5% Revenue Growth and $2.90 in Non-GAAP Diluted Earnings Per Share (EPS). The company also completed a $200 million share buyback and announced a new buyback program of the same amount.

Analysts at TD Cowen remain optimistic about Verint’s potential, particularly in the field of artificial intelligence (AI). They believe that the adoption of AI technology will accelerate the growth of the company. These recent developments underscore Verint’s commitment to AI innovation and financial growth.

InvestingPro Insights

As Verint Systems Inc. (NASDAQ:VRNT) navigates the competitive landscape of integrated systems design, recent financial metrics and management activities provide insight into the company’s performance and strategic direction. With a market cap of $1.64 billion, Verint Systems is a major player in its industry.

Investors considering CFO Grant A. Highlander’s sell may find interest in the company’s current P/E ratio, which is 38.96, reflecting investor sentiment regarding the company’s earnings potential. Additionally, the adjusted P/E ratio for the trailing twelve months of Q2 2025 is 36.1, providing a comparative perspective on the company’s earnings over time.

Verint Systems has actively managed its share structure, as noted in an InvestingPro Tip, according to which management has been aggressively buying shares. This could be a signal of confidence from management in the company’s valuation and future prospects. Moreover, despite recent price declines, with shares down 19.33% in the past month, the company’s strong free cash flow yield, as suggested by another InvestingPro tip, may appeal to value-minded investors looking for cash-generating businesses. cash.

For those interested in additional information and InvestmentPro advice, Verint Systems Inc. has additional data points and expert analysis available. There are currently 12 more InvestingPro tips that can be explored by visiting https://www.investing.com/pro/VRNT, providing a deeper dive into the company’s financial health and market position.

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