Elan Moriah, President, EIS & VIS at Verint Systems Inc. (NASDAQ:VRNT), has recently reported the sale of 12,058 shares of Common Stock. These were sold on Thursday, September 11, through an open market transaction at prices ranging from $53.28 per share to $53.77 per share, for an estimated total value of $646,549. Following the filing, Mr. Moriah holds 57,921 shares of the $3.22 billion firm, in a direct form.
On the contrary, Verint Systems Inc. (NASDAQ:VRNT)’s major hedge fund investors have decided, throughout the last quarter, to increase their stakes in this firm, engaged in Actionable Intelligence solutions and value-added services. Eric Bannasch’s fund, Cadian Capital, owner of over 5.1 million shares, has done so by 11%. Columbus Circus Investors, Donald Chiboucis’s fund and owner of over 1.25 million shares, has augmented its participation in Verint Systems Inc. (NASDAQ:VRNT) by 16%. Also, the firm’s third-largest hedge fund investor of record, Paul Orlin and Alex Porter’s Amici Capital, owner of over 1.2 million shares, has boosted its exposure to the company by 39%.
Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned.