• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC 13G/A filed by Cognyte Software Ltd.

    10/7/24 8:01:25 AM ET
    $CGNT
    Computer Software: Prepackaged Software
    Technology
    Get the next $CGNT alert in real time by email
    SC 13G/A 1 d847277dsc13ga.htm SC 13G/A SC 13G/A

     

     

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment No. 1)

     

     

    Cognyte Software Ltd.

    (Name of Issuer)

    Common Stock, no par value

    (Title of Class of Securities)

    M25133105

    (CUSIP Number)

    September 10, 2024

    (Date of Event Which Requires Filing of Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☒ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☐Rule 13d-1(d)

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. M25133105

     

     1   

     Names of reporting persons

     

     Topline Capital Management, LLC

     2  

     Check the appropriate box if a member of a group (see instructions)

     (a) ☐  (b) ☐

     

     3  

     SEC use only

     

     4  

     Citizenship or place of organization

     

     California

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with

       5   

     Sole voting power

     

     9,020,184

       6  

     Shared voting power

     

     0

       7  

     Sole dispositive power

     

     9,020,184

       8  

     Shared dispositive power

     

     0

     9   

     Aggregate amount beneficially owned by each reporting person

     

     9,020,184

    10  

     Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

     

     ☐

    11  

     Percent of class represented by amount in Row (9)

     

     12.5%

    12  

     Type of reporting person (see instructions)

     

     IA

     

    2


    CUSIP No. M25133105

     

     1   

     Names of reporting persons

     

     Collin McBirney

     2  

     Check the appropriate box if a member of a group (see instructions)

     (a) ☐  (b) ☐

     

     3  

     SEC use only

     

     4  

     Citizenship or place of organization

     

     USA

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with

       5   

     Sole voting power

     

     0

       6  

     Shared voting power

     

     9,020,184

       7  

     Sole dispositive power

     

     0

       8  

     Shared dispositive power

     

     9,020,184

     9   

     Aggregate amount beneficially owned by each reporting person

     

     9,020,184

    10  

     Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

     

     ☐

    11  

     Percent of class represented by amount in Row (9)

     

     12.5%

    12  

     Type of reporting person (see instructions)

     

     IN/HC

     

    3


    CUSIP No. M25133105

     

     1   

     Names of reporting persons

     

     Topline Capital Partners, LP

     2  

     Check the appropriate box if a member of a group (see instructions)

     (a) ☐  (b) ☐

     

     3  

     SEC use only

     

     4  

     Citizenship or place of organization

     

     Delaware

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with

       5   

     Sole voting power

     

     9,020,184

       6  

     Shared voting power

     

     0

       7  

     Sole dispositive power

     

     9,020,184

       8  

     Shared dispositive power

     

     0

     9   

     Aggregate amount beneficially owned by each reporting person

     

     9,020,184

    10  

     Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

     

     ☐

    11  

     Percent of class represented by amount in Row (9)

     

     12.5%

    12  

     Type of reporting person (see instructions)

     

     PN

     

    4


    Item 1

     

      (a)

    Name of Issuer:

    Cognyte Software Ltd.

     

      (b)

    Address of Issuer’s Principal Executive Offices:

    33 Maskit, Herzliya Pituach, Israel 4673333

    Item 2

     

      (a)

    Name of Persons Filing:

    Topline Capital Management, LLC (“TCM”)

    Collin McBirney

    Topline Capital Partners, LP (“TCP” or the “Fund”)

     

      (b)

    Address of Principal Business Office or, if none, Residence:

    544 Euclid Street, Santa Monica, CA 90402

     

      (c)

    Citizenship:

    Reference is made to Row 4 of pages 2 - 4 of this Schedule 13G (this “Schedule”), which are incorporated by reference herein.

     

      (d)

    Title of Class of Securities:

    Common Stock, no par value

     

      (e)

    CUSIP Number: M25133105

     

    Item 3.

    If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

    Not applicable.

     

    Item 4.

    Ownership 

    Reference is hereby made to Rows 5-9 and 11 of pages 2, 3 and 4 of this Schedule, which are incorporated by reference herein.

    As of September 12, 2024, the Fund beneficially owned 9,020,184 shares of the issuer’s common stock.

    The securities reported on this Schedule as beneficially owned by TCM (the “Securities”) are held by and for the benefit of the Fund. Under the definition of “beneficial ownership” in Rule 13d-3 under the Act, it is also possible that the individual general partners, executive officers, and members of the foregoing entities might be deemed the “beneficial owners” of some or all of the Securities insofar as they may be deemed to share the power to direct the voting or disposition of such Securities. TCM, as the investment manager and general partner of the Fund, and Collin McBirney, as the member-manager of TCM, may, therefore, be deemed to beneficially own the Securities held by the Fund for the purposes of Rule 13d-3 under the Act insofar as they may be deemed to have the power to direct the voting or disposition of those Securities.

     

    5


    Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of TCM or Mr. McBirney is, for any other purpose, the beneficial owner of any of the Securities held by the Fund, and each of TCM and Mr. McBirney expressly disclaims beneficial ownership as to the Securities held by the Fund, except to the extent of its or his pecuniary interests therein.

    The calculation of percentage of beneficial ownership in Row 11 of pages 2, 3 and 4 of this Schedule was derived from Exhibit 99.1 of the issuer’s Form 6-K Report of Foreign Issuer filed with the Securities and Exchange Commission on September 10, 2024, in which the issuer stated that the number of shares of its common stock outstanding as of July 31, 2024 was 71,894,969 shares.

     

    6


    Item 5.

    Ownership of Five Percent or Less of a Class

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. ☐

     

    Item 6.

    Ownership of More than Five Percent on Behalf of Another Person

    Not applicable.

     

    Item 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

    Not applicable.

     

    Item 8.

    Identification and Classification of Members of the Group

    Not applicable.

     

    Item 9.

    Notice of Dissolution of Group

    Not applicable.

     

    Item 10.

    Certification

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

     

    7


    SIGNATURES

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Dated: October 7, 2024

     

    TOPLINE CAPITAL MANAGEMENT, LLC
    By:  

    /s/ Collin McBirney

      Collin McBirney
      Managing Member
    TOPLINE CAPITAL PARTNERS, LP
    By:   Topline Capital Management, LLC,
      its general partner
    By:  

    /s/ Collin McBirney

      Collin McBirney
      Managing Member
    COLLIN MCBIRNEY

    /s/ Collin McBirney

     

    8


    EXHIBIT LIST

     

    Exhibit A    Joint Filing Undertaking
    Get the next $CGNT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CGNT

    DatePrice TargetRatingAnalyst
    9/29/2022$8.00 → $6.00Buy → Hold
    Stifel
    6/29/2022$12.00 → $5.00Outperform → In-line
    Evercore ISI
    6/28/2022Outperform → Mkt Perform
    William Blair
    4/5/2022Buy → Hold
    Needham
    12/22/2021$40.00 → $25.00Outperform
    Evercore ISI Group
    12/22/2021$17.00Outperform → Neutral
    Wedbush
    12/22/2021$36.00 → $19.00Buy
    Needham
    7/27/2021Outperform
    William Blair
    More analyst ratings

    $CGNT
    Financials

    Live finance-specific insights

    See more
    • Cognyte Reports Fourth Quarter and Fiscal Year Ended January 31, 2025 Financial Results

      Double-digit revenue growth and strong year-over-year increase in profitability Guides to fiscal 2026 revenue of approximately $392 million with a significant increase in profitability Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three months and year ended January 31, 2025 ("Q4 FYE25" and "FYE25"). Financial Summary for Three Months Ended January 31, 2025 Q4 FYE25 Revenue was $94.5 million, up approximately 13% compared to the same period last year. Q4 FYE25 GAAP operating income was $0.7 million, compared to an operating loss of $2.9 million in the same peri

      4/2/25 7:00:00 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Cognyte to Announce Fourth Quarter and Full Year FYE25 Financial Results on April 2, 2025

      Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced it will conduct a conference call on Wednesday, April 2, 2025, at 8:30am ET to review its fourth quarter and full year fiscal 2025 financial results for the year ending January 31, 2025. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte's website. Those interested in participating in the question-and-answer session need to register here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that y

      3/24/25 8:00:00 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Cognyte Reports Third Quarter Fiscal 2025 Financial Results

      Business momentum remains strong, fueled by significant deal wins Increases full-year outlook Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three and nine months ended October 31, 2024 ("Q3 FYE25" and "YTD FYE25"). Financial Summary for Three Months Ended October 31, 2024 Q3 FYE25 Revenue was $89.0 million, up 12.1% compared to the same period last year. Q3 FYE25 GAAP operating loss was $2.2 million, compared to a loss of $2.8 million in the same period last year. Q3 FYE25 Non-GAAP operating income was $3.4 million, compared to an operating income of $1

      12/11/24 7:00:00 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology

    $CGNT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Cognyte Software Ltd.

      SC 13G/A - Cognyte Software Ltd. (0001824814) (Subject)

      11/12/24 4:07:25 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SC 13G/A filed by Cognyte Software Ltd.

      SC 13G/A - Cognyte Software Ltd. (0001824814) (Subject)

      10/7/24 8:01:25 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SC 13D/A filed by Cognyte Software Ltd.

      SC 13D/A - Cognyte Software Ltd. (0001824814) (Subject)

      9/16/24 4:00:40 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology

    $CGNT
    SEC Filings

    See more
    • SEC Form 144 filed by Cognyte Software Ltd.

      144 - Cognyte Software Ltd. (0001824814) (Subject)

      4/16/25 3:29:08 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 6-K filed by Cognyte Software Ltd.

      6-K - Cognyte Software Ltd. (0001824814) (Filer)

      4/7/25 8:54:47 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • SEC Form S-8 filed by Cognyte Software Ltd.

      S-8 - Cognyte Software Ltd. (0001824814) (Filer)

      4/2/25 9:50:26 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology

    $CGNT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $CGNT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $CGNT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Large owner Topline Capital Partners, Lp bought $6,114,211 worth of shares (969,631 units at $6.31), increasing direct ownership by 12% to 9,020,184 units (SEC Form 4)

      4 - Cognyte Software Ltd. (0001824814) (Issuer)

      9/12/24 6:40:00 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • See Explanation in Footnotes Topline Capital Management, Llc bought $6,114,211 worth of shares (969,631 units at $6.31) (SEC Form 4)

      4 - Cognyte Software Ltd. (0001824814) (Issuer)

      9/12/24 6:31:23 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • New insider Topline Capital Management, Llc claimed ownership of 8,050,553 shares (SEC Form 3)

      3 - Cognyte Software Ltd. (0001824814) (Issuer)

      9/12/24 5:28:24 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Large owner Topline Capital Partners, Lp bought $6,114,211 worth of shares (969,631 units at $6.31), increasing direct ownership by 12% to 9,020,184 units (SEC Form 4)

      4 - Cognyte Software Ltd. (0001824814) (Issuer)

      9/12/24 6:40:00 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • See Explanation in Footnotes Topline Capital Management, Llc bought $6,114,211 worth of shares (969,631 units at $6.31) (SEC Form 4)

      4 - Cognyte Software Ltd. (0001824814) (Issuer)

      9/12/24 6:31:23 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Cognyte Software downgraded by Stifel with a new price target

      Stifel downgraded Cognyte Software from Buy to Hold and set a new price target of $6.00 from $8.00 previously

      9/29/22 7:26:27 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Cognyte Software downgraded by Evercore ISI with a new price target

      Evercore ISI downgraded Cognyte Software from Outperform to In-line and set a new price target of $5.00 from $12.00 previously

      6/29/22 7:40:53 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Cognyte Software downgraded by William Blair

      William Blair downgraded Cognyte Software from Outperform to Mkt Perform

      6/28/22 2:28:49 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology

    $CGNT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cognyte to Participate in 20th Annual Needham Technology & Media Conference

      Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in software-driven technology for investigative analytics, today announced that Elad Sharon, Cognyte's Chief Executive Officer, and David Abadi, Cognyte's Chief Financial Officer, will hold a fireside chat at the 20th Annual Needham Technology & Media Conference on Monday, May 12, 2025, at 8:45 am ET. An online, real-time webcast and replay of the discussion will be available on our website at https://www.cognyte.com/investors/. About Cognyte Software Ltd. Cognyte is a leading software-driven technology company, focused on solutions for data processing and investigative analytics that allow customers to generate Actionable I

      5/6/25 4:00:00 PM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • COPPER GIANT EXTENDS THE MOCOA COPPER PORPHYRY EAST, INTERSECTING COPPER MINERALIZATION IN ZONES PREVIOUSLY MODELLED AS WASTE

      656-metres at 0.52 % CuEq* (0.39% Cu and 0.03% Mo), starting from surface, in step–out hole MD–046 underpins near–term resource growth and district–scale potentialMD-046 includes 72 metres at 0.92% CuEq* (0.74% Cu and 0.05% Mo), starting from 304.48m, within current constrained shell potentially a significant extension to the east of the northernly plunging high-grade core Copper mineralization occurs beneath the current constrained shell in ground previously classified as wasteHoles MD0-43, MD-044, MD-045 and MD-046 together cover an extensive 1,000-metre by 600-metre block down approximately 1,000-metres of depth of continuous mineralization starting at surface - confirm continuity, scale,

      5/6/25 7:30:00 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • APAC Law Enforcement Agency Invests $5+ Million in Cognyte to Strengthen Public Safety

      Longstanding customer places follow-on order to further accelerate discovery of critical investigative insights and impede emerging threats Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced a significant follow-on order, valued at over $5 million, with a longstanding law enforcement agency (LEA) customer in the Asia-Pacific (APAC) region. The additional investment in Cognyte's solution helps the LEA teams to quickly unlock meaningful operational intelligence with advanced analytics and timely insights. The new agreement underscores the existing customer's trust and confidence in Cognyte's technology foresight, domain exper

      5/1/25 8:00:00 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology

    $CGNT
    Leadership Updates

    Live Leadership Updates

    See more
    • Cognyte Appoints Distinguished Innovator Ronny Lempel as Chief Technology Officer to Guide AI-Focused Research

      25+ years of technology expertise and leadership will continue to cultivate innovation for sustained company growth Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced the appointment of Dr. Ronny Lempel as Chief Technology Officer (CTO). In this role, Lempel will apply over 25 years of proven, cross-discipline technology expertise to extend Cognyte's innovation leadership and bring unparalleled vision and value to Cognyte's customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250318301357/en/Cognyte appointed Dr. Ronny Lempel as Chief Technology Officer (CTO

      3/18/25 8:00:00 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology
    • Cognyte Elects Two New Board Members to Strengthen Expertise and Drive Growth

      Announcement reflects company's commitment to augment Board of Directors with industry-experienced executives from both the government and software sectors Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced the appointment of two new members to its Board of Directors. Matthew O'Neill and Nurit Benjamini will join the board on March 1, 2025, and March 31, 2025, respectively, reflecting the company's commitment to add independent directors from the government and software sectors. Richard Nottenburg will be stepping down from his board position effective March 31, 2025. Having served with the United States Secret Service f

      2/18/25 8:00:00 AM ET
      $ALLT
      $BLRX
      $CGEN
      $CGNT
      Computer Communications Equipment
      Telecommunications
      Biotechnology: Pharmaceutical Preparations
      Health Care
    • Cognyte Appoints Nadav Argaman, Former Director of the Israel Security Agency, as Senior Advisor

      Renowned security and intelligence expert brings invaluable expertise and relationships to advance Cognyte's mission and strategic initiatives Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced the appointment of Nadav Argaman as a strategic senior advisor to the company. In this strategic role, Argaman will leverage his extensive expertise, operational insights and deep relationships to support Cognyte in advancing its customer engagement strategies and corporate initiatives. Nadav Argaman served as director of the Israeli Security Agency (ISA) from 2016 to 2021 and held pivotal roles throughout his distinguished care

      1/7/25 8:00:00 AM ET
      $CGNT
      Computer Software: Prepackaged Software
      Technology