An Evaluation Of Cognyte Software Ltd (NASDAQ: CGNT) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

CGNT belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Cognyte Software Ltd is $632.67M. A total of 0.16 million shares were traded on the day, compared to an average of 257.10K shares.

In the most recent transaction, Barel Amir bought 9,917 shares of CGNT for 8.97 per share on Dec 13 ’24. In a previous transaction on Sep 13 ’24, Cohen Gil bought 15,123 shares at 6.31 per share.

Among the insiders who bought shares, Topline Capital Partners, LP acquired of 553,591 shares on Sep 11 ’24 at a per-share price of $6.31. This resulted in the 10% Owner holding 8,604,144 shares of CGNT after the transaction. In another insider transaction, Topline Capital Partners, LP bought 416,040 shares at $6.30 per share on Sep 12 ’24. Company shares held by the 10% Owner now total 9,020,184.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CGNT has a high of $9.59 and a low of $5.44.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CGNT’s latest balance sheet shows that the firm has $163.02M in Cash & Short Term Investments as of fiscal 2022. There were $124.59M in debt and $319.60M in liabilities at the time. Its Book Value Per Share was $2.74, while its Total Shareholder’s Equity was $299.09M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CGNT is Buy with a score of 3.00.

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