Press coverage about Varonis Systems (NASDAQ:VRNS) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Varonis Systems earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.2356372133155 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Varonis Systems (NASDAQ VRNS) opened at $51.95 on Thursday. Varonis Systems has a fifty-two week low of $25.20 and a fifty-two week high of $53.60. The firm has a market capitalization of $1,450.00, a P/E ratio of -89.57 and a beta of 0.80.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.06 earnings per share for the quarter. Varonis Systems had a negative return on equity of 18.97% and a negative net margin of 7.91%. The business had revenue of $53.60 million during the quarter, compared to analysts’ expectations of $50.53 million. During the same quarter last year, the business posted ($0.03) EPS. The business’s revenue was up 31.1% on a year-over-year basis. analysts expect that Varonis Systems will post -0.53 earnings per share for the current year.

Several brokerages recently weighed in on VRNS. BidaskClub upgraded Varonis Systems from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research cut Varonis Systems from a “buy” rating to a “hold” rating in a report on Saturday, January 6th. Barclays restated a “neutral” rating on shares of Varonis Systems in a report on Tuesday, December 19th. Oppenheimer restated a “buy” rating and set a $57.00 target price on shares of Varonis Systems in a report on Wednesday, December 13th. Finally, Royal Bank of Canada restated a “buy” rating and set a $55.00 target price on shares of Varonis Systems in a report on Thursday, December 7th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $49.70.

In other Varonis Systems news, CFO Guy Melamed sold 605 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $43.65, for a total value of $26,408.25. Following the completion of the sale, the chief financial officer now owns 95,491 shares in the company, valued at approximately $4,168,182.15. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Yakov Faitelson sold 63,807 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $50.35, for a total value of $3,212,682.45. Following the completion of the transaction, the chief executive officer now owns 157,651 shares of the company’s stock, valued at approximately $7,937,727.85. The disclosure for this sale can be found here. In the last quarter, insiders sold 287,384 shares of company stock valued at $14,505,934. Company insiders own 19.50% of the company’s stock.

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Varonis Systems Company Profile

Varonis Systems, Inc provides a solutions that protect data from insider threats and cyberattacks. The Company’s products include DatAdvantage, DataPrivilege, Interface Data Unit Classification Framework, Data Transport Engine, DatAnywhere and DatAnswers. Its platform allows enterprises to analyze, secure, manage and migrate volumes of unstructured data.

Insider Buying and Selling by Quarter for Varonis Systems (NASDAQ:VRNS)

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