Value Investing Philosophy And Varonis Systems Inc (NASDAQ: VRNS)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Varonis Announces Fourth Quarter and Full-Year 2023 Financial Results.

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Stocks Info

VRNS belongs to the Technology sector of the NASDAQ while operating in the Software – Infrastructure industry. The current market capitalization of Varonis Systems Inc is $5.52B. A total of 2.54 million shares were traded on the day, compared to an average of 1.35M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, VRNS has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 10,609 shares. Over the last 12 months, there were 17 BUYs and 11 SELLs from insiders. Insiders purchased 310,066 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for VRNS in the last 3 months, the mean price target is $52.41 with high estimates of $65.00 and low estimates of $45.00. In terms of 52-week highs and lows, VRNS has a high of $50.60 and a low of $22.34.

As of this writing, VRNS has an earnings estimate of -$0.07 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $0.05 per share and a lower estimate of -$0.11. The company reported an EPS of $0.08 in the last quarter, which was 300.00% higher than expectations of $0.02.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $4.49, while its Total Shareholder’s Equity was $596.59M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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.

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