Verint Systems CEO sells shares worth over $437k

Verint Systems Inc. (NASDAQ:VRNT ) CEO and Chairman Dan Bodner recently sold a total of 16,932 shares of company stock, resulting in over $437,000 in proceeds. The transaction was executed on September 16, 2024, with the shares sold at prices ranging from $24.86 to $26.83 per share.


This sale was part of a transaction to meet applicable tax withholding obligations due to the vesting of previously disclosed restricted stock units on September 12, 2024. Following the sale, Bodner's direct ownership in Verint Systems stands at 592,832 shares.


The sale represents a significant transaction by a key executive of Verint Systems, a company specializing in computer integrated systems design. Investors often monitor such sales as they can provide insights into an insider's view of the company's value. The exact distribution of the sale prices can be provided upon request to the SEC, the issuer, or any security holder of the issuer.


Verint Systems, headquartered in Melville, New York, continues to operate under the leadership of Bodner, who has been at the helm as Chairman and CEO. The company's stock performance and transactions by its executives are closely watched by the market for indications of the company's financial health and strategic direction.



In other recent news, Verint Systems has reported significant growth in artificial intelligence (AI) bookings and bundled Software as a Service (SaaS) revenue in the second quarter of 2025. The company saw a 40% year-over-year increase in new AI bookings and a 15% rise in AI-driven bundled SaaS revenue. Despite a slowdown in bundled SaaS growth, Verint Systems remains on track to meet its full-year guidance of a 5% revenue growth and $2.90 in non-GAAP diluted earnings per share (EPS).


TD Cowen, despite adjusting its price target for Verint Systems from $40.00 to $36.00, maintains a Buy rating for the company. The firm's optimism stems from Verint's potential in the area of AI, which is expected to drive the company's growth in the future. Verint Systems has also set long-term financial targets for fiscal year 2027, aiming for a 'rule-of-40' performance, which implies a combined revenue growth and EBITDA margin that equals 40%.


Moreover, Verint Systems has completed a $200 million share buyback and announced a new buyback program of the same value, indicating a robust financial strategy. Despite lower than expected AI conversions, the company's revenue remains unaffected due to expansion in unbundled SaaS. These recent developments underscore Verint's commitment to AI innovation and financial growth.
InvestingPro Insights


As investors digest the news of CEO Dan Bodner's recent stock sale at Verint Systems Inc. (NASDAQ:VRNT), a glance at the company's financial metrics and InvestingPro Tips provides a broader context. Verint Systems, with a market capitalization of $1.64 billion, is trading at a P/E ratio of 38.96, reflecting a premium to earnings relative to the industry average. This valuation is supported by a strong gross profit margin of 71.36% over the last twelve months as of Q2 2025, underscoring the company's ability to maintain profitability.


While the recent sale by the CEO may raise questions, it's worth noting that Verint Systems has a perfect Piotroski Score of 9, suggesting that the company is financially healthy with strong profitability, efficiency, and funding sources. Additionally, management's aggressive share buyback program is a signal of confidence in the company's future, contributing to a high shareholder yield. These InvestingPro Tips indicate a sound financial footing and a proactive approach to capital management.


Despite the stock's poor performance over the last month, with a price total return of -19.33%, analysts predict that the company will be profitable this year. The InvestingPro product, which includes additional tips, lists a total of 12 InvestingPro Tips for Verint Systems, providing investors with a comprehensive analysis of the company's prospects. For those interested in deeper insights, a visit to https://www.investing.com/pro/VRNT can prove valuable.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Source: Investing.com

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