News articles about Varonis Systems (NASDAQ:VRNS) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news 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 0.09 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 45.0506333724066 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Q3 2018 EPS Estimates for Varonis Systems Inc (VRNS) Raised by Analyst (americanbankingnews.com)
- Varonis Systems (VRNS) PT Raised to $68 at Imperial Capital (streetinsider.com)
- David Bass Sells 17,500 Shares of Varonis Systems Inc (VRNS) Stock (americanbankingnews.com)
- Imperial Capital Increases Varonis Systems (VRNS) Price Target to $68.00 (americanbankingnews.com)
- Varonis Systems Inc (VRNS) Expected to Announce Quarterly Sales of $49.84 Million (americanbankingnews.com)
Shares of Varonis Systems (NASDAQ:VRNS) opened at $59.00 on Friday. The firm has a market cap of $1,637.39, a P/E ratio of -113.46 and a beta of 0.81. Varonis Systems has a 1-year low of $26.35 and a 1-year high of $60.05.
Several analysts have recently issued reports on VRNS shares. BidaskClub raised shares of Varonis Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. Imperial Capital increased their price target on shares of Varonis Systems from $63.00 to $68.00 and gave the stock an “outperform” rating in a research report on Wednesday. Needham & Company LLC increased their price target on shares of Varonis Systems from $52.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, January 19th. Oppenheimer started coverage on shares of Varonis Systems in a research report on Wednesday, December 6th. They set an “outperform” rating and a $57.00 price target on the stock. Finally, Zacks Investment Research cut shares of Varonis Systems from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $58.33.
In related news, CFO Guy Melamed sold 897 shares of the firm’s stock in a transaction that occurred on 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Yakov Faitelson sold 106,426 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $56.26, for a total transaction of $5,987,526.76. Following the completion of the sale, the chief executive officer now directly owns 246,789 shares in the company, valued at approximately $13,884,349.14. The disclosure for this sale can be found here. In the last ninety days, insiders sold 242,134 shares of company stock worth $13,829,741. 19.50% of the stock is owned by corporate insiders.
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About Varonis Systems
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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