Prescott Group Capital Management Has Decreased By $615,000 Its Verint Sys (VRNT) Holding; Gerdau S.A. (GGB) Sellers Increased By 59.71% Their Shorts

April 11, 2018 - By Ellis Scott

Verint Systems Inc. (NASDAQ:VRNT) Logo

Gerdau S.A. (NYSE:GGB) had an increase of 59.71% in short interest. GGB’s SI was 40.22 million shares in April as released by FINRA. Its up 59.71% from 25.19 million shares previously. With 12.76 million avg volume, 3 days are for Gerdau S.A. (NYSE:GGB)’s short sellers to cover GGB’s short positions. The SI to Gerdau S.A.’s float is 3.81%. The stock increased 2.85% or $0.13 during the last trading session, reaching $4.69. About 9.04M shares traded. Gerdau S.A. (NYSE:GGB) has risen 28.74% since April 11, 2017 and is uptrending. It has outperformed by 17.19% the S&P500.

Prescott Group Capital Management Llc decreased Verint Sys Inc (VRNT) stake by 51.65% reported in 2017Q4 SEC filing. Prescott Group Capital Management Llc sold 15,000 shares as Verint Sys Inc (VRNT)’s stock declined 9.93%. The Prescott Group Capital Management Llc holds 14,042 shares with $588,000 value, down from 29,042 last quarter. Verint Sys Inc now has $2.59B valuation. The stock increased 2.79% or $1.1 during the last trading session, reaching $40.5. About 221,705 shares traded. Verint Systems Inc. (NASDAQ:VRNT) has declined 5.87% since April 11, 2017 and is downtrending. It has underperformed by 17.42% the S&P500.

Investors sentiment decreased to 1.22 in 2017 Q4. Its down 0.25, from 1.47 in 2017Q3. It fall, as 32 investors sold VRNT shares while 57 reduced holdings. 33 funds opened positions while 76 raised stakes. 59.15 million shares or 3.05% more from 57.40 million shares in 2017Q3 were reported. 4,988 are owned by Aperio Group Limited Co. Moreover, Sei Invests Co has 0.01% invested in Verint Systems Inc. (NASDAQ:VRNT) for 51,682 shares. Quantitative Invest Mgmt Limited Liability Co has 13,300 shares. Hbk Invests LP reported 12,480 shares or 0% of all its holdings. Huntington Fincl Bank owns 1,377 shares. Cs Mckee LP reported 0.09% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT). Tudor Invest Corp Et Al stated it has 28,182 shares or 0.03% of all its holdings. Solaris Asset Mgmt Ltd Liability Com reported 0.1% in Verint Systems Inc. (NASDAQ:VRNT). Aqr Capital Mgmt Ltd reported 0.01% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT). Morgan Stanley owns 453,856 shares. Fort Washington Investment Advsr Oh reported 381,100 shares or 0.16% of all its holdings. Us Bancorp De has 0.01% invested in Verint Systems Inc. (NASDAQ:VRNT). Lapides Asset Mgmt Lc invested in 4.87% or 536,600 shares. Massachusetts Finance Services Ma accumulated 1.27 million shares. Hartford Management owns 115 shares.

Among 9 analysts covering Verint Systems (NASDAQ:VRNT), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Verint Systems had 32 analyst reports since September 3, 2015 according to SRatingsIntel. The stock of Verint Systems Inc. (NASDAQ:VRNT) has “Outperform” rating given on Thursday, December 3 by Oppenheimer. The stock has “Outperform” rating by FBR Capital on Thursday, September 3. Imperial Capital maintained Verint Systems Inc. (NASDAQ:VRNT) on Thursday, October 8 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Thursday, March 29 with “Buy”. Imperial Capital downgraded the stock to “In-Line” rating in Friday, March 31 report. Goldman Sachs initiated it with “Buy” rating and $44 target in Friday, February 10 report. The stock of Verint Systems Inc. (NASDAQ:VRNT) earned “Buy” rating by RBC Capital Markets on Sunday, August 13. The rating was maintained by Oppenheimer on Thursday, September 3 with “Outperform”. The rating was upgraded by William Blair to “Outperform” on Tuesday, September 29. Imperial Capital maintained it with “Hold” rating and $4700 target in Friday, June 9 report.

Gerdau S.A. provides steel-related products and services worldwide. The company has market cap of $7.81 billion. The firm operates through Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. It currently has negative earnings. It offers semi-finished products, such as billets, blooms, and slabs; common long rolled products, including rebars, merchant bars, and profiles that are used by the construction and manufacturing industries; and drawn products consisting of barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps, as well as mines and produces iron ore.

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

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