There’s No Need To Panic Or Freeze When It Comes To Varonis Systems Inc (NASDAQ: VRNS)

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. The stock was recently discussed on Yahoo Finance as it revealed that Varonis Named to CRN’s 2024 Security 100 List.

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. The current market capitalization of Varonis Systems Inc is $5.49B. A total of 0.68 million shares were traded on the day, compared to an average of 1.39M 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 1 SELL insider trades, representing the acquisition of 0 and the disposition of 7,859 shares. Over the last 12 months, there were 17 BUYs and 8 SELLs from insiders. Insiders purchased 310,066 shares during that period but sold 369,972.

In the most recent transaction, Kess Avrohom J. bought 230 shares of VRNS for 51.75 per share on Feb 12. After the transaction, the Director now owns 23,262 company shares. In a previous transaction on Feb 09, Bass David sold 13,675 shares at 51.58 per share. VRNS shares that EVP Engineering and CTO owns now total 637,997.

Among the insiders who sold shares, Segev Ofer disposed of 5,000 shares on Feb 09 at a per-share price of $52.13. This resulted in the Director holding 75,682 shares of VRNS after the transaction. In another insider transaction, Melamed Guy sold 188,503 shares at $49.88 per share on Feb 08. Company shares held by the CFO and COO now total 645,876.

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 $52.27 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 $52.30 and a low of $22.34.

As of this writing, VRNS has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of -$0.01 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 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 $4.49, 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.

Most Popular

Related Posts