Fox Run Management L.L.C. Takes $310,000 Position in Cognyte Software Ltd. (NASDAQ:CGNT)

Fox Run Management L.L.C. purchased a new stake in Cognyte Software Ltd. (NASDAQ:CGNT) during the 4th quarter, HoldingsChannel reports. The fund purchased 35,888 shares of the company’s stock, valued at approximately $310,000.

Several other large investors have also made changes to their positions in CGNT. R Squared Ltd acquired a new stake in Cognyte Software during the 4th quarter valued at $26,000. Quantbot Technologies LP acquired a new stake in Cognyte Software during the 4th quarter worth $71,000. XTX Topco Ltd bought a new stake in Cognyte Software in the third quarter valued at about $169,000. Centiva Capital LP bought a new stake in shares of Cognyte Software in the 3rd quarter valued at about $172,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Cognyte Software by 41.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 51,448 shares of the company’s stock worth $445,000 after purchasing an additional 15,036 shares during the period. Institutional investors own 72.92% of the company’s stock.

Cognyte Software Price Performance

Shares of NASDAQ:CGNT opened at $8.10 on Friday. Cognyte Software Ltd. has a 1 year low of $6.21 and a 1 year high of $11.12. The company has a market capitalization of $582.34 million, a P/E ratio of -42.63 and a beta of 1.77. The business’s 50 day simple moving average is $9.23 and its 200 day simple moving average is $8.17.

Analyst Ratings Changes

Several research firms have recently weighed in on CGNT. Needham & Company LLC reiterated a “hold” rating on shares of Cognyte Software in a report on Thursday, December 12th. StockNews.com downgraded Cognyte Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

About Cognyte Software

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.