VRNT - Massive Insider Trade At Verint Systems | Benzinga
Peter Fante, Chief Administrative Officer at Verint Systems (NASDAQ:VRNT), executed a substantial insider sell on December 19, according to an SEC filing.
What Happened: Fante's decision to sell 3,370 shares of Verint Systems was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value of the sale is $92,540.
As of Wednesday morning, Verint Systems shares are down by 0.0%, currently priced at $28.1.
All You Need to Know About Verint Systems
Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.
Verint Systems's Financial Performance
Revenue Growth: Verint Systems's revenue growth over a period of 3 months has faced challenges. As of 31 October, 2023, the company experienced a revenue decline of approximately -2.95%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the ...