Press coverage about Varonis Systems (NASDAQ:VRNS) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Varonis Systems earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.9545367626342 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Varonis Systems Inc (VRNS) Expected to Announce Earnings of -$0.31 Per Share (americanbankingnews.com)
- Varonis Systems, Inc. (NASDAQ:VRNS) – Notable Indicators to Study Before Making Any Investment Decision – Nasdaq Journal (nasdaqjournal.com)
- Varonis Systems (VRNS) Price Target Raised to $60.00 at Stifel Nicolaus (americanbankingnews.com)
- TheStreet Upgrades Varonis Systems (VRNS) to C (americanbankingnews.com)
- Varonis Systems (VRNS) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
Varonis Systems (NASDAQ VRNS) opened at $56.30 on Tuesday. Varonis Systems has a 1 year low of $26.35 and a 1 year high of $56.80. The company has a market cap of $1,570.00, a PE ratio of -110.39 and a beta of 0.89.
A number of equities research analysts recently weighed in on VRNS shares. Oppenheimer reaffirmed a “buy” rating and set a $57.00 price objective on shares of Varonis Systems in a research report on Wednesday, December 13th. Royal Bank of Canada reaffirmed a “buy” rating and set a $55.00 price objective on shares of Varonis Systems in a research report on Thursday, December 7th. Benchmark reaffirmed a “buy” rating and set a $60.00 price objective on shares of Varonis Systems in a research report on Friday, December 1st. Needham & Company LLC reaffirmed a “buy” rating on shares of Varonis Systems in a research report on Friday, November 3rd. Finally, Jefferies Group boosted their price objective on shares of Varonis Systems from $52.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the stock. Varonis Systems currently has a consensus rating of “Buy” and a consensus target price of $57.92.
In other news, CFO Guy Melamed sold 897 shares of the 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 completion of the transaction, the chief financial officer now directly owns 95,408 shares in the company, valued at $4,670,221.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Ohad Korkus sold 9,277 shares of the stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $51.28, for a total transaction of $475,724.56. Following the completion of the transaction, the chief technology officer now owns 84,510 shares of the company’s stock, valued at $4,333,672.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 223,754 shares of company stock valued at $11,352,516. 19.50% of the stock is owned by insiders.
TRADEMARK VIOLATION NOTICE: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Varonis Systems (VRNS) Stock Price” was originally published by Community Financial News and is owned by of Community Financial News. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://www.com-unik.info/2018/02/20/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-varonis-systems-vrns-stock-price.html.
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.
Receive News & Ratings for Varonis Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Varonis Systems and related companies with MarketBeat.com's FREE daily email newsletter.