VRNT - President At Verint Systems Sells $135K Of Stock | Benzinga
Disclosed on December 19, Elan Moriah, President at Verint Systems (NASDAQ:VRNT), executed a substantial insider sell as per the latest SEC filing.
What Happened: Moriah's decision to sell 4,944 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 $135,762.
At Wednesday morning, Verint Systems shares are down by 0.0%, trading at $28.1.
Unveiling the Story Behind 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: Financial Performance Dissected
Revenue Challenges: Verint Systems's revenue growth over 3 months faced difficulties. As of 31 October, 2023, the company experienced a decline of approximately -2.95%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in ...