3-May-2024
Notable earnings after Monday's close
Seeking Alpha News (Sun, 5-May 5:35 PM ET)
Varonis at RSAC 2024: Reducing AI's Blast Radius and Deploying Copilots Safely
Globe Newswire (Thu, 25-Apr 9:00 AM ET)
Varonis Announces Date of First Quarter 2024 Financial Results
Globe Newswire (Wed, 10-Apr 4:05 PM ET)
Varonis Announces Global Partners in Excellence Award Winners
Globe Newswire (Wed, 10-Apr 9:00 AM ET)
Varonis Debuts Industry's First Cybersecurity Solution for Microsoft 365 Copilot
Globe Newswire (Tue, 2-Apr 9:00 AM ET)
Varonis to Kick Off 2024 Global Customer Connect! Event Series
Globe Newswire (Wed, 13-Mar 9:00 AM ET)
Varonis Named to CRN's 2024 Security 100 List
Globe Newswire (Tue, 27-Feb 9:00 AM ET)
Varonis to Present at March Investor Conferences
Globe Newswire (Mon, 26-Feb 4:05 PM ET)
Varonis Announces Fourth Quarter and Full-Year 2023 Financial Results
Globe Newswire (Mon, 5-Feb 4:05 PM ET)
Varonis Introduces MDDR: Industry's First Managed Data Detection and Response Offering
Globe Newswire (Mon, 5-Feb 9:00 AM ET)
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2004 and went public in 2014.
Varonis Systems trades on the NASDAQ stock market under the symbol VRNS.
As of May 3, 2024, VRNS stock price declined to $43.77 with 885,018 million shares trading.
VRNS has a beta of 1.26, meaning it tends to be more sensitive to market movements. VRNS has a correlation of 0.22 to the broad based SPY ETF.
VRNS has a market cap of $4.88 billion. This is considered a Mid Cap stock.
Last quarter Varonis Systems reported $154 million in Revenue and $.27 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.04.
In the last 3 years, VRNS stock traded as high as $73.46 and as low as $15.61.
The top ETF exchange traded funds that VRNS belongs to (by Net Assets): CIBR, VTI, VB, IWM, VXF.
VRNS has outperformed the market in the last year with a return of +90.6%, while the SPY ETF gained +27.0%. However, in the most recent history, VRNS shares have underperformed the stock market with its stock returning -3.6% in the last 3 month period and +1.0% for the last 2 week period, while SPY has returned +3.7% and +3.3%, respectively.
VRNS support price is $43.27 and resistance is $45.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VRNS stock will trade within this expected range on the day.