Ack Asset Management Has Lifted By $1.93 Million Its Verint Systems (VRNT) Stake; Genie Energy LTD Has 1 Sentiment

August 7, 2017 - By Michael Collier

Genie Energy Ltd. owns interest in its subsidiary, Genie Energy International Corporation, which owns Genie Retail Energy and Genie Oil and Gas, Inc. The company has market cap of $155.95 million. The Firm operates through three divisions: Genie Retail Energy (GRE), Afek Oil and Gas, Ltd. (Afek), and Genie Oil and Gas (GOGAS). It currently has negative earnings. The GRE segment operates retail energy providers (REPs), including IDT Energy, Inc. and Residents Energy, Inc., and energy brokerage and marketing services.

Ack Asset Management Llc increased Verint Systems Inc (VRNT) stake by 38% reported in 2016Q4 SEC filing. Ack Asset Management Llc acquired 55,100 shares as Verint Systems Inc (VRNT)’s stock rose 4.30%. The Ack Asset Management Llc holds 200,100 shares with $7.05 million value, up from 145,000 last quarter. Verint Systems Inc now has $2.39 billion valuation. The stock rose 2.56% or $0.95 reaching $38.1 per share. About 309,252 shares traded. Verint Systems Inc. (NASDAQ:VRNT) has risen 23.95% since August 7, 2016 and is uptrending. It has outperformed by 7.25% the S&P500.

Since April 3, 2017, it had 0 buys, and 8 insider sales for $8.15 million activity. The insider DEMARINES VICTOR sold $119,196. The insider Robinson Douglas sold 4,901 shares worth $208,194. BODNER DAN also sold $5.89 million worth of Verint Systems Inc. (NASDAQ:VRNT) on Monday, April 3. FANTE PETER sold $693,333 worth of Verint Systems Inc. (NASDAQ:VRNT) on Friday, April 7. $128,464 worth of Verint Systems Inc. (NASDAQ:VRNT) was sold by MYERS LARRY F. Another trade for 1,789 shares valued at $73,134 was sold by MORIAH ELAN.

Among 9 analysts covering Verint Systems (NASDAQ:VRNT), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Verint Systems had 26 analyst reports since September 3, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, June 8. On Thursday, December 3 the stock rating was downgraded by Credit Suisse to “Neutral”. The stock of Verint Systems Inc. (NASDAQ:VRNT) earned “In-Line” rating by Imperial Capital on Friday, March 31. As per Friday, September 9, the company rating was maintained by Imperial Capital. Imperial Capital maintained the shares of VRNT in report on Thursday, October 8 with “Outperform” rating. FBR Capital maintained Verint Systems Inc. (NASDAQ:VRNT) rating on Thursday, December 3. FBR Capital has “Outperform” rating and $53 target. Credit Suisse downgraded the stock to “Underperform” rating in Wednesday, March 30 report. Imperial Capital maintained it with “Outperform” rating and $43 target in Wednesday, February 15 report. The firm has “Outperform” rating given on Thursday, September 3 by Oppenheimer. The rating was upgraded by William Blair on Tuesday, September 29 to “Outperform”.

Investors sentiment decreased to 0.92 in 2016 Q4. Its down 0.11, from 1.03 in 2016Q3. It is negative, as 23 investors sold VRNT shares while 67 reduced holdings. 21 funds opened positions while 62 raised stakes. 58.29 million shares or 2.30% more from 56.98 million shares in 2016Q3 were reported. Capital Mngmt has 688,595 shares for 1.87% of their portfolio. Carlson Ltd Partnership has invested 0.11% in Verint Systems Inc. (NASDAQ:VRNT). Axa invested 0.01% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT). Moreover, Panagora Asset has 0% invested in Verint Systems Inc. (NASDAQ:VRNT) for 14,833 shares. Voya Investment Mngmt Limited Liability accumulated 0.04% or 488,478 shares. Eulav Asset Mgmt reported 33,200 shares stake. United Kingdom-based Barclays Plc has invested 0% in Verint Systems Inc. (NASDAQ:VRNT). Maryland-based Lockheed Martin Invest has invested 0.05% in Verint Systems Inc. (NASDAQ:VRNT). Plante Moran Advsrs Ltd owns 61 shares. Wealthtrust holds 0.01% or 283 shares in its portfolio. Pax Ww Mngmt Limited Liability Company has invested 0.84% in Verint Systems Inc. (NASDAQ:VRNT). Bnp Paribas Arbitrage Sa reported 0% stake. Amalgamated Bank has 0.01% invested in Verint Systems Inc. (NASDAQ:VRNT) for 7,795 shares. Brandes Invest Prns LP reported 0.32% of its portfolio in Verint Systems Inc. (NASDAQ:VRNT). Fisher Asset Management Lc accumulated 2.10M shares or 0.13% of the stock.

Since January 1, 0001, it had 3 insider purchases, and 7 insider sales for $111,053 activity.