News articles about Varonis Systems (NASDAQ:VRNS) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 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 nearest to one being the most favorable. Varonis Systems earned a news impact score of 0.15 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.4006168760249 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
VRNS has been the subject of a number of research analyst reports. Royal Bank of Canada reissued a “buy” rating and issued a $55.00 price target on shares of Varonis Systems in a research report on Thursday, December 7th. Zacks Investment Research lowered shares of Varonis Systems from a “hold” rating to a “sell” rating in a research report on Saturday, February 17th. Stephens reissued a “buy” rating and issued a $58.00 price target on shares of Varonis Systems in a research report on Friday, January 12th. Barclays reissued a “neutral” rating on shares of Varonis Systems in a research report on Tuesday, December 19th. Finally, Oppenheimer reissued a “buy” rating and issued a $57.00 price target on shares of Varonis Systems in a research report on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $57.92.
Varonis Systems (NASDAQ:VRNS) opened at $59.05 on Wednesday. Varonis Systems has a twelve month low of $26.35 and a twelve month high of $59.25. The company has a market capitalization of $1,640.00, a P/E ratio of -115.78 and a beta of 0.81.
Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Monday, February 12th. The technology company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. Varonis Systems had a return on equity of 23.54% and a net margin of 7.56%. The firm had revenue of $73.20 million for the quarter, compared to the consensus estimate of $66.29 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The firm’s revenue was up 34.6% on a year-over-year basis. equities research analysts forecast that Varonis Systems will post -0.77 earnings per share for the current fiscal year.
In other Varonis Systems news, CEO Yakov Faitelson sold 106,426 shares of the stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $56.26, for a total transaction of $5,987,526.76. Following the transaction, the chief executive officer now owns 246,789 shares in the company, valued at $13,884,349.14. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP James O’boyle sold 35,000 shares of the stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $56.79, for a total value of $1,987,650.00. The disclosure for this sale can be found here. Insiders sold 157,833 shares of company stock worth $8,889,661 in the last 90 days. 19.50% of the stock is currently owned by corporate insiders.
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.