Value Investor Seth Klarman is Selling These 5 Stocks

04. Verint Systems Inc. (NASDAQ:VRNT)

Baupost Group’s Stake Value: $8.450 million

Percentage of Baupost Group’s 13F Portfolio: 0.12%

Number of Hedge Fund Holders as of Q1 2022: 24

Percentage Decline in Stake: 91%

Verint Systems Inc. (NASDAQ:VRNT) was incorporated in 1994 and is headquartered in Melville, New York. It provides customer engagement solutions worldwide. It offers various applications for use in forecasting and scheduling.

Klarman’s Baupost Group reduced its stake by 91% in Q2 after selling 2.008 million of its shares of Verint Systems Inc. (NASDAQ:VRNT).