After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Varonis Named a Leader in GigaOm’s 2023 Radar Report for Data Security Platforms.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $45.93 and fluctuated between $46.67 as its day high and $45.67 as its day low. The current market capitalization of Varonis Systems Inc is $5.00B. A total of 0.94 million shares were traded on the day, compared to an average of 1.27M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, VRNS has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 160,609 shares. Over the last 12 months, there were 25 BUYs and 11 SELLs from insiders. Insiders purchased 923,869 shares during that period but sold 624,429.
In the most recent transaction, O’Boyle James sold 7,859 shares of VRNS for 45.51 per share on Dec 26. After the transaction, the SVP of Worldwide Sales now owns 414,159 company shares. In a previous transaction on Dec 20, O’Boyle James sold 16,501 shares at 45.53 per share. VRNS shares that SVP of Worldwide Sales owns now total 422,018.
Among the insiders who sold shares, O’Boyle James disposed of 21,542 shares on Dec 19 at a per-share price of $45.54. This resulted in the SVP of Worldwide Sales holding 438,519 shares of VRNS after the transaction. In another insider transaction, O’Boyle James sold 4,098 shares at $45.50 per share on Dec 18. Company shares held by the SVP of Worldwide Sales now total 460,061.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for VRNS in the last 3 months, the mean price target is $45.47 with high estimates of $63.00 and low estimates of $29.00. In terms of 52-week highs and lows, VRNS has a high of $47.29 and a low of $22.34.
As of this writing, VRNS has an earnings estimate of $0.23 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $0.24 per share and a lower estimate of $0.19. The company reported an EPS of $0.01 in the last quarter, which was -50.00% lower than expectations of $0.02.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. VRNS’s latest balance sheet shows that the firm has $807.61M in Cash & Short Term Investments as of fiscal 2021. There were $302.82M in debt and $211.77M in liabilities at the time. Its Book Value Per Share was $4.08, while its Total Shareholder’s Equity was $596.59M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 VRNS is Buy with a score of 4.15.
