Abaxis, Inc. (ABAX) Forms $73.24 Double Top; Verint Systems (VRNT) Sentiment Is 1.22

Abaxis, Inc. (NASDAQ:ABAX) Logo

Abaxis, Inc. (ABAX) formed double top with $75.44 target or 3.00% above today’s $73.24 share price. Abaxis, Inc. (ABAX) has $1.66 billion valuation. The stock increased 1.01% or $0.73 during the last trading session, reaching $73.24. About 57,976 shares traded. Abaxis, Inc. (NASDAQ:ABAX) has risen 44.47% since April 24, 2017 and is uptrending. It has outperformed by 32.92% the S&P500.

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 investment managers increased and started new positions, while 89 sold and decreased their equity positions in Verint Systems Inc. The investment managers in our database now possess: 59.15 million shares, up from 57.40 million shares in 2017Q3. Also, the number of investment managers 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.

Since January 30, 2018, it had 0 insider purchases, and 9 selling transactions for $2.44 million activity. Another trade for 4,400 shares valued at $304,953 was made by Henkel Achim on Tuesday, March 6. $98,266 worth of Abaxis, Inc. (NASDAQ:ABAX) was sold by ARON KENNETH. SINGH PRITHIPAL sold $140,500 worth of stock. On Wednesday, January 31 the insider TOCKMAN CRAIG sold $122,652. WOOD DONALD PETER sold $689,851 worth of stock or 10,000 shares. EVENHUIS HENK sold $333,460 worth of Abaxis, Inc. (NASDAQ:ABAX) on Tuesday, January 30. CASEY MICHAEL D sold $355,327 worth of stock or 5,000 shares.

Analysts await Abaxis, Inc. (NASDAQ:ABAX) to report earnings on April, 26. They expect $0.32 EPS, down 3.03% or $0.01 from last year’s $0.33 per share. ABAX’s profit will be $7.26 million for 57.22 P/E if the $0.32 EPS becomes a reality. After $0.31 actual EPS reported by Abaxis, Inc. for the previous quarter, Wall Street now forecasts 3.23% EPS growth.

Among 10 analysts covering Abaxis (NASDAQ:ABAX), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 10% are positive. Abaxis has $90.0 highest and $39 lowest target. $57.71’s average target is -21.20% below currents $73.24 stock price. Abaxis had 30 analyst reports since July 23, 2015 according to SRatingsIntel. On Thursday, November 12 the stock rating was maintained by Canaccord Genuity with “Hold”. Canaccord Genuity maintained Abaxis, Inc. (NASDAQ:ABAX) rating on Tuesday, January 16. Canaccord Genuity has “Hold” rating and $55.0 target. Canaccord Genuity maintained Abaxis, Inc. (NASDAQ:ABAX) rating on Thursday, October 29. Canaccord Genuity has “Hold” rating and $50 target. Canaccord Genuity maintained the shares of ABAX in report on Monday, October 30 with “Hold” rating. Canaccord Genuity maintained the shares of ABAX in report on Tuesday, June 13 with “Hold” rating. Feltl & Co downgraded the shares of ABAX in report on Friday, July 22 to “Sell” rating. Northcoast downgraded the stock to “Neutral” rating in Wednesday, November 30 report. Canaccord Genuity maintained Abaxis, Inc. (NASDAQ:ABAX) on Friday, October 27 with “Hold” rating. The firm has “Buy” rating by Northcoast given on Monday, January 29. Canaccord Genuity maintained Abaxis, Inc. (NASDAQ:ABAX) on Monday, August 21 with “Hold” rating.

Investors sentiment decreased to 1.27 in 2017 Q4. Its down 0.05, from 1.32 in 2017Q3. It fall, as 12 investors sold Abaxis, Inc. shares while 40 reduced holdings. 25 funds opened positions while 41 raised stakes. 21.66 million shares or 0.81% less from 21.83 million shares in 2017Q3 were reported. Legal And General Group Public Limited Co invested 0% of its portfolio in Abaxis, Inc. (NASDAQ:ABAX). 4,100 are owned by Gotham Asset Management Ltd Com. Northern holds 0% of its portfolio in Abaxis, Inc. (NASDAQ:ABAX) for 286,577 shares. Raymond James & has 0.01% invested in Abaxis, Inc. (NASDAQ:ABAX) for 122,922 shares. 61,129 are owned by Goldman Sachs Gru. Manufacturers Life Insurance The holds 17,169 shares or 0% of its portfolio. Parkside Bankshares And Tru reported 12 shares. Bancshares Of America Corporation De holds 4,059 shares. State Street invested in 602,582 shares. Spark Inv Mngmt Ltd Llc reported 41,300 shares or 0.11% of all its holdings. Bancorp Of Mellon Corp reported 0% stake. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Abaxis, Inc. (NASDAQ:ABAX). Point72 Asset Management Limited Partnership holds 0% of its portfolio in Abaxis, Inc. (NASDAQ:ABAX) for 15,900 shares. Us Bancorp De, Minnesota-based fund reported 42,464 shares. Pub Employees Retirement Association Of Colorado stated it has 0% in Abaxis, Inc. (NASDAQ:ABAX).

The stock decreased 0.02% or $0.01 during the last trading session, reaching $42.09. About 28,654 shares traded. Verint Systems Inc. (VRNT) has declined 5.87% since April 24, 2017 and is downtrending. It has underperformed by 17.42% the S&P500.

Verint Systems Inc. provides actionable intelligence solutions and value-added services worldwide. The company has market cap of $2.69 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.

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.

Abaxis, Inc. (NASDAQ:ABAX) Institutional Positions Chart