Varonis Systems (VRNS) Given Media Sentiment Rating of 0.24
News coverage about Varonis Systems (NASDAQ:VRNS) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Varonis Systems earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.7114431752605 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Varonis Systems, Inc. (VRNS) Expected to Post Quarterly Sales of $66.62 Million (americanbankingnews.com)
- Varonis Systems, Inc. :VRNS-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017 (finance.yahoo.com)
- Investors In Varonis Systems Inc (VRNS) Are Paying Above The Intrinsic Value (finance.yahoo.com)
- Varonis Systems Stock: A Buying Opportunity on the Horizon (profitconfidential.com)
- Varonis Systems Shows Market Leadership With Jump To 94 RS Rating (finance.yahoo.com)
Varonis Systems (VRNS) traded up $1.70 during trading hours on Friday, reaching $48.80. 289,955 shares of the company were exchanged, compared to its average volume of 294,866. Varonis Systems has a 1-year low of $24.75 and a 1-year high of $51.70.
Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Thursday, November 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. Varonis Systems had a negative net margin of 7.91% and a negative return on equity of 18.97%. The business had revenue of $53.60 million for the quarter, compared to analyst estimates of $50.53 million. During the same period last year, the business posted ($0.03) EPS. Varonis Systems’s revenue was up 31.1% compared to the same quarter last year. equities analysts anticipate that Varonis Systems will post -0.53 earnings per share for the current fiscal year.
Several research analysts have recently commented on VRNS shares. Royal Bank Of Canada restated a “buy” rating and set a $44.00 price target on shares of Varonis Systems in a research note on Wednesday, October 18th. Jefferies Group LLC restated a “buy” rating and set a $45.00 price target on shares of Varonis Systems in a research note on Thursday, September 7th. Imperial Capital restated an “outperform” rating and set a $46.00 price target (up previously from $39.00) on shares of Varonis Systems in a research note on Friday, August 4th. Zacks Investment Research lowered shares of Varonis Systems from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, Barclays PLC restated a “hold” rating and set a $45.00 price target on shares of Varonis Systems in a research note on Wednesday, July 19th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Varonis Systems presently has an average rating of “Buy” and an average price target of $44.90.
In other Varonis Systems news, CEO Yakov Faitelson sold 50,000 shares of the firm’s stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $44.57, for a total value of $2,228,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Guy Melamed sold 5,355 shares of the firm’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $48.00, for a total transaction of $257,040.00. Following the completion of the sale, the chief financial officer now owns 95,491 shares in the company, valued at $4,583,568. The disclosure for this sale can be found here. Insiders sold a total of 465,013 shares of company stock worth $19,116,878 over the last quarter. 19.50% of the stock is currently owned by company insiders.
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.
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