Paradigm Capital Management Lowered Express (EXPR) Stake; Verint Systems (VRNT) Has 1.22 Sentiment

April 20, 2018 - By Vivian Park

Verint Systems Inc. (NASDAQ:VRNT) Logo

Verint Systems Inc (VRNT) investors sentiment decreased to 1.22 in 2017 Q4. It’s down -0.25, from 1.47 in 2017Q3. The ratio dived, as 109 hedge funds started new or increased positions, while 89 sold and reduced equity positions in Verint Systems Inc. The hedge funds in our database now hold: 59.15 million shares, up from 57.40 million shares in 2017Q3. Also, the number of hedge funds holding Verint Systems Inc in top ten positions decreased from 2 to 1 for a decrease of 1. Sold All: 32 Reduced: 57 Increased: 76 New Position: 33.

Paradigm Capital Management Inc decreased Express Inc. (EXPR) stake by 32.29% reported in 2017Q4 SEC filing. Paradigm Capital Management Inc sold 64,350 shares as Express Inc. (EXPR)’s stock declined 31.64%. The Paradigm Capital Management Inc holds 134,925 shares with $1.37M value, down from 199,275 last quarter. Express Inc. now has $566.98M valuation. The stock decreased 1.57% or $0.12 during the last trading session, reaching $7.5. About 463,088 shares traded. Express, Inc. (NYSE:EXPR) has declined 18.42% since April 20, 2017 and is downtrending. It has underperformed by 29.97% the S&P500.

Rgm Capital Llc holds 7.61% of its portfolio in Verint Systems Inc. for 1.95 million shares. Lapides Asset Management Llc owns 536,600 shares or 4.87% of their US portfolio. Moreover, American Capital Management Inc has 3.6% invested in the company for 1.43 million shares. The California-based Golden Gate Private Equity Inc. has invested 3.1% in the stock. Bernzott Capital Advisors, a California-based fund reported 532,634 shares.

Analysts await Verint Systems Inc. (NASDAQ:VRNT) to report earnings on June, 6. They expect $0.25 EPS, up 8.70% or $0.02 from last year’s $0.23 per share. VRNT’s profit will be $15.96 million for 41.90 P/E if the $0.25 EPS becomes a reality. After $0.76 actual EPS reported by Verint Systems Inc. for the previous quarter, Wall Street now forecasts -67.11% negative EPS growth.

Verint Systems Inc. provides actionable intelligence solutions and value-added services worldwide. The company has market cap of $2.68 billion. The Company’s Customer Engagement Solutions segment provides voice of the customer solutions, including interaction analytics, enterprise feedback, and digital feedback; workforce optimization solutions, such as intelligent recording, analytics-driven quality, coaching/learning, workforce management, work allocation, desktop and process analytics, robotic process automation, and performance management; employee engagement solutions comprising workforce optimization, knowledge management, employee desktop, case management, internal communities, gamification, mobile workforce apps, and voice of the employee; engagement channel solutions consisting of Web/mobile self-service, voice self-service, customer communities, email/secure messaging, Web chat, co-browse, mobile messaging, and social engagement; and security, fraud, and compliance solutions, including compliance recording, fraud and identity analytics, trading compliance, branch surveillance and investigation, and public safety compliance. It currently has negative earnings. The companyÂ’s Cyber Intelligence Solutions segment offers security and intelligence data mining software solutions, which are used for a range of applications, such as predictive intelligence, advanced and complex investigations, security threat analysis, and electronic data and physical assets protection, as well as for generating legal evidence and preventing criminal activity and terrorism.

Ratings analysis reveals 100% of Verint Systems’s analysts are positive. Out of 2 Wall Street analysts rating Verint Systems, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $43.0 while the high is $44.0. The stock’s average target of $43.50 is 3.82% above today’s ($41.9) share price. VRNT was included in 2 notes of analysts from September 9, 2016. As per Friday, September 9, the company rating was maintained by Imperial Capital. Goldman Sachs initiated the shares of VRNT in report on Friday, February 10 with “Buy” rating.

The stock decreased 1.30% or $0.55 during the last trading session, reaching $41.9. About 46,240 shares traded. Verint Systems Inc. (VRNT) has declined 5.87% since April 20, 2017 and is downtrending. It has underperformed by 17.42% the S&P500.

Paradigm Capital Management Inc increased New York & Company Inc. (NYSE:NWY) stake by 473,518 shares to 6.40 million valued at $18.29M in 2017Q4. It also upped Rti Surgical Inc (NASDAQ:RTIX) stake by 131,052 shares and now owns 5.93M shares. Nature’s Sunshine Products In (NASDAQ:NATR) was raised too.

Among 18 analysts covering Express Inc. (NYSE:EXPR), 5 have Buy rating, 2 Sell and 11 Hold. Therefore 28% are positive. Express Inc. had 38 analyst reports since August 5, 2015 according to SRatingsIntel. On Tuesday, August 18 the stock rating was initiated by Wolfe Research with “Outperform”. As per Thursday, August 27, the company rating was maintained by SunTrust. The firm earned “Buy” rating on Friday, December 2 by Mizuho. On Tuesday, January 9 the stock rating was maintained by BMO Capital Markets with “Hold”. The company was downgraded on Wednesday, August 24 by Piper Jaffray. The company was maintained on Wednesday, April 19 by M Partners. The stock of Express, Inc. (NYSE:EXPR) earned “Hold” rating by BB&T Capital on Friday, August 14. The firm earned “Buy” rating on Wednesday, August 24 by Mizuho. As per Thursday, August 25, the company rating was maintained by Nomura. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, July 5 report.

Verint Systems Inc. (NASDAQ:VRNT) Institutional Positions Chart

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