A new trading day began on Monday, with Varonis Systems Inc (NASDAQ: VRNS) stock price up 3.60% from the previous day of trading, before settling in for the closing price of $40.01. VRNS’s price has ranged from $39.10 to $60.58 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 17.12%. Meanwhile, its annual earnings per share averaged -49.07%. With a float of $107.19 million, this company’s outstanding shares have now reached $112.55 million.
Considering the fact that the conglomerate employs 2406 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 82.97%, operating margin of -22.51%, and the pretax margin is -15.07%.
Varonis Systems Inc (VRNS) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Varonis Systems Inc is 4.76%, while institutional ownership is 104.63%. The most recent insider transaction that took place on Nov 13 ’24, was worth 4,905,444. In this transaction CFO and COO of this company sold 91,345 shares at a rate of $53.70, taking the stock ownership to the 504,598 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Officer proposed sale 91,345 for $53.71, making the entire transaction worth $4,905,884.
Varonis Systems Inc (VRNS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -49.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.90% during the next five years compared to 0.23% growth over the previous five years of trading.
Varonis Systems Inc (NASDAQ: VRNS) Trading Performance Indicators
Here are Varonis Systems Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.47. Likewise, its price to free cash flow for the trailing twelve months is 42.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.86, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of Varonis Systems Inc (VRNS)
Compared to the last year’s volume of 1.8 million, its volume of 1.46 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.26%. Additionally, its Average True Range was 1.28.
During the past 100 days, Varonis Systems Inc’s (VRNS) raw stochastic average was set at 11.45%, which indicates a significant decrease from 54.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.29% in the past 14 days, which was lower than the 36.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.31, while its 200-day Moving Average is $49.06. Nevertheless, the first resistance level for the watch stands at $42.22 in the near term. At $43.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $44.16. If the price goes on to break the first support level at $40.28, it is likely to go to the next support level at $39.12. Now, if the price goes above the second support level, the third support stands at $38.34.
Varonis Systems Inc (NASDAQ: VRNS) Key Stats
With a market capitalization of 4.67 billion, the company has a total of 112,550K Shares Outstanding. Currently, annual sales are 550,950 K while annual income is -95,770 K. The company’s previous quarter sales were 158,510 K while its latest quarter income was -12,990 K.
