Jump Financial LLC boosted its position in Cognyte Software Ltd. (NASDAQ:CGNT – Free Report) by 5.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,141 shares of the company’s stock after buying an additional 2,341 shares during the quarter. Jump Financial LLC owned 0.06% of Cognyte Software worth $336,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in Cognyte Software by 70.0% in the 4th quarter. Barclays PLC now owns 2,943 shares of the company’s stock worth $25,000 after buying an additional 1,212 shares in the last quarter. Algert Global LLC lifted its holdings in Cognyte Software by 5.0% in the 1st quarter. Algert Global LLC now owns 32,388 shares of the company’s stock worth $253,000 after buying an additional 1,530 shares in the last quarter. Signaturefd LLC lifted its holdings in Cognyte Software by 119.2% in the 1st quarter. Signaturefd LLC now owns 3,968 shares of the company’s stock worth $31,000 after buying an additional 2,158 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Cognyte Software by 3.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 168,122 shares of the company’s stock worth $1,454,000 after buying an additional 6,009 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Cognyte Software by 149.3% in the 4th quarter. Bank of America Corp DE now owns 13,369 shares of the company’s stock worth $116,000 after buying an additional 8,007 shares in the last quarter. Institutional investors and hedge funds own 72.92% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Needham & Company LLC reiterated a “hold” rating on shares of Cognyte Software in a report on Monday, July 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Cognyte Software presently has an average rating of “Hold”.
Cognyte Software Stock Performance
NASDAQ:CGNT opened at $8.82 on Wednesday. The company has a market capitalization of $635.54 million, a price-to-earnings ratio of -80.18 and a beta of 1.65. Cognyte Software Ltd. has a one year low of $6.21 and a one year high of $11.65. The stock has a 50-day simple moving average of $9.00 and a 200 day simple moving average of $9.30.
Cognyte Software (NASDAQ:CGNT – Get Free Report) last posted its quarterly earnings results on Wednesday, June 11th. The company reported $0.07 EPS for the quarter. The business had revenue of $95.55 million during the quarter, compared to the consensus estimate of $93.96 million. Cognyte Software had a negative return on equity of 3.53% and a negative net margin of 2.18%. Cognyte Software has set its FY 2026 guidance at 0.190-0.190 EPS. On average, equities research analysts forecast that Cognyte Software Ltd. will post -0.2 EPS for the current fiscal year.
Cognyte Software Company Profile
Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. Its Actionable Intelligence for a Safer World, an open software designed to help governments and enterprises accelerate and enhance the effectiveness of investigations. The company offers network intelligence analytics, threat intelligence analytics, decision intelligence analytics, and operational intelligence analytics solutions.
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