News articles about Varonis Systems (NASDAQ:VRNS) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing 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 media sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.2103278662669 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

Shares of Varonis Systems (NASDAQ VRNS) opened at $51.95 on Thursday. Varonis Systems has a 1 year low of $26.35 and a 1 year high of $55.85. The company has a market capitalization of $1,510.00, a PE ratio of -98.02 and a beta of 0.89.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Monday, February 12th. The technology company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.07. Varonis Systems had a negative return on equity of 16.53% and a negative net margin of 6.30%. The firm had revenue of $73.20 million during the quarter, compared to analyst estimates of $66.29 million. During the same period last year, the company posted $0.24 EPS. The business’s quarterly revenue was up 34.6% compared to the same quarter last year. equities research analysts forecast that Varonis Systems will post -0.42 EPS for the current year.

A number of equities analysts recently weighed in on the company. TheStreet raised Varonis Systems from a “d+” rating to a “c” rating in a research note on Monday. Stephens reissued a “buy” rating and issued a $60.00 price target on shares of Varonis Systems in a research note on Tuesday. BidaskClub upgraded Varonis Systems from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Stifel Nicolaus raised their price objective on Varonis Systems from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Barclays raised their price objective on Varonis Systems from $54.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Varonis Systems presently has a consensus rating of “Buy” and a consensus target price of $57.92.

In other news, insider Ohad Korkus sold 45,763 shares of Varonis Systems stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $51.16, for a total transaction of $2,341,235.08. Following the completion of the sale, the insider now directly owns 84,510 shares in the company, valued at approximately $4,323,531.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Guy Melamed sold 897 shares of Varonis Systems stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $48.95, for a total value of $43,908.15. Following the sale, the chief financial officer now owns 95,408 shares of the company’s stock, valued at $4,670,221.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 223,754 shares of company stock valued at $11,352,516. 19.50% of the stock is owned by corporate insiders.

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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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