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VRNS

VRNS - Varonis Systems Inc Stock Price, Fair Value and News

45.56USD+0.56 (+1.24%)Delayed as of 08 May 2024, 02:57 pm ET

Market Summary

VRNS
USD45.56+0.56
Delayedas of 08 May 2024, 02:57 pm
1.24%

VRNS Alerts

  • Losses in recent quarter

VRNS Stock Price

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VRNS RSI Chart

VRNS Valuation

Market Cap

5.0B

Price/Earnings (Trailing)

-48.67

Price/Sales (Trailing)

9.92

EV/EBITDA

-67.59

Price/Free Cashflow

66.88

VRNS Price/Sales (Trailing)

VRNS Profitability

Operating Margin

85.08%

EBT Margin

-17.92%

Return on Equity

-22.79%

Return on Assets

-9.79%

Free Cashflow Yield

1.5%

VRNS Fundamentals

VRNS Revenue

Revenue (TTM)

505.8M

Rev. Growth (Yr)

6.23%

Rev. Growth (Qtr)

-26.01%

VRNS Earnings

Earnings (TTM)

-103.1M

Earnings Growth (Yr)

-5.71%

Earnings Growth (Qtr)

-4.4K%

Breaking Down VRNS Revenue

52 Week Range

23.0945.90
(Low)(High)

Last 7 days

2.9%

Last 30 days

-5.8%

Last 90 days

-7.1%

Trailing 12 Months

94.1%

How does VRNS drawdown profile look like?

VRNS Financial Health

Current Ratio

2.38

Debt/Equity

0.55

Debt/Cashflow

0.32

VRNS Investor Care

Shares Dilution (1Y)

1.63%

Diluted EPS (TTM)

-0.94

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024505.8M000
2023484.7M488.7M487.7M499.2M
2022411.6M434.6M457.6M473.6M
2021313.3M335.2M358.8M390.1M
2020252.0M258.9M270.1M292.7M
2019273.1M270.6M269.1M254.2M
2018229.3M242.1M255.8M270.3M
2017175.0M185.8M198.2M215.4M
2016134.7M144.2M153.9M165.9M
2015106.9M111.4M117.1M127.2M
201479.5M86.3M93.3M101.3M
201358.7M64.0M69.3M74.6M
201200053.4M
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Tracking the Latest Insider Buys and Sells of Varonis Systems Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 29, 2024
gottlieb dov
sold (taxes)
-492,963
50.8
-9,704
vp and general counsel
Feb 29, 2024
faitelson yakov
sold (taxes)
-7,932,370
50.8
-156,149
ceo, president, chairman
Feb 29, 2024
iohan gili
sold
-985,530
50.54
-19,500
-
Feb 29, 2024
o'boyle james
sold (taxes)
-3,955,950
50.8
-77,873
svp of worldwide sales
Feb 29, 2024
melamed guy
sold (taxes)
-2,595,830
50.8
-51,099
cfo and coo
Feb 12, 2024
kess avrohom j.
bought
11,902
51.75
230
-
Feb 09, 2024
segev ofer
sold
-260,654
52.1309
-5,000
-
Feb 09, 2024
bass david
sold
-705,338
51.5787
-13,675
evp engineering and cto
Feb 09, 2024
mendoza thomas f
gifted
-
-
-2,000
-
Feb 08, 2024
gottlieb dov
sold
-2,069,230
48.02
-43,091
vp and general counsel

1–10 of 50

Which funds bought or sold VRNS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
reduced
-52.7
-533,000
517,000
-%
May 06, 2024
Quantbot Technologies LP
added
953
881,286
969,627
0.06%
May 06, 2024
Advisory Services Network, LLC
sold off
-100
-78,923
-
-%
May 06, 2024
SouthState Corp
unchanged
-
520
12,972
-%
May 06, 2024
Jefferies Financial Group Inc.
new
-
763,059
763,059
-%
May 06, 2024
SG Americas Securities, LLC
added
1,279
3,381,000
3,634,000
0.02%
May 06, 2024
Parallel Advisors, LLC
added
16.72
2,923
16,462
-%
May 06, 2024
Manchester Capital Management LLC
unchanged
-
91.00
2,265
-%
May 06, 2024
Savant Capital, LLC
new
-
298,635
298,635
-%
May 03, 2024
Glassman Wealth Services
sold off
-100
-5,071
-
-%

1–10 of 45

Are Funds Buying or Selling VRNS?

Are funds buying VRNS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VRNS
No. of Funds

Unveiling Varonis Systems Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.19%
11,101,652
SC 13G/A
Feb 12, 2024
william blair investment management, llc
3.0%
3,249,245
SC 13G/A
Jan 24, 2024
blackrock inc.
10.2%
11,149,383
SC 13G/A
Jul 10, 2023
vanguard group inc
10.09%
11,071,010
SC 13G/A
Feb 09, 2023
william blair investment management, llc
5.6%
6,181,738
SC 13G
Feb 09, 2023
vanguard group inc
9.59%
10,569,355
SC 13G/A
Feb 06, 2023
wellington management group llp
0.84%
926,881
SC 13G/A
Jan 06, 2023
blackrock inc.
10.4%
11,456,671
SC 13G/A
Nov 10, 2022
wellington management group llp
5.46%
6,003,761
SC 13G/A
Mar 11, 2022
blackrock inc.
9.3%
9,942,342
SC 13G/A

Recent SEC filings of Varonis Systems Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
10-Q
Quarterly Report
May 06, 2024
8-K
Current Report
Apr 19, 2024
ARS
ARS
Apr 19, 2024
DEF 14A
DEF 14A
Apr 19, 2024
DEFA14A
DEFA14A
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading

Peers (Alternatives to Varonis Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
236.6B
-3.84% 32.57%
35.29
12.85
13.97% 24.86%
220.5B
19.9B
1.47% 43.08%
45.94
11.06
10.76% 1.35%
74.6B
3.1B
-0.92% 136.08%
835.11
24.41
36.33% 148.75%
44.1B
22.9B
-7.22% 21.77%
88.59
1.93
23.28% 240.37%
15.4B
3.8B
-4.30% 28.13%
28.13
4.04
5.40% 4.57%
9.9B
2.8B
-12.51% 24.66%
19.79
3.54
0.20% 52.82%
MID-CAP
7.1B
619.6M
1.87% 27.35%
742.16
11.48
7.11% 116.83%
6.4B
583.1M
27.04% 10.44%
-33.34
10.9
22.54% 30.49%
3.8B
1.5B
10.88% 47.29%
25.9
2.56
6.51% 54.77%
2.3B
560.0M
-16.33% -10.37%
-21.7
4.17
14.52% 34.67%
SMALL-CAP
1.2B
1.2B
-13.79% -13.91%
19.38
1.07
3.70% 18.24%
1.2B
254.7M
15.48% 12.87%
25.25
4.53
-7.51% 2.74%
597.2M
634.3M
28.96% 99.38%
-20.46
0.94
9.43% -197.31%
18.7M
7.0M
-11.44% -56.06%
-2.18
2.91
-55.73% -45.27%
12.5M
15.6M
-8.27% 32.61%
-1.25
0.8
-6.37% -5256.07%

Varonis Systems Inc News

Latest updates
Yahoo Movies UK • 10 hours ago
Simply Wall St • 24 Apr 2024 • 07:00 am

Varonis Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-26.0%114,022154,099122,308115,418107,335142,617123,308111,44896,261126,578100,35388,41874,78595,19776,75166,56554,17672,56065,64959,62156,360
Cost Of Revenue10.3%21,34919,34717,38117,38617,63717,03017,19817,79917,80917,37814,33814,20113,48212,46211,28410,33510,1809,6528,7688,3988,326
Gross Profit-31.2%92,673134,752104,92798,03289,698125,587106,11093,64978,452109,20086,01574,21761,30382,73565,46756,23043,99662,90856,88151,22348,034
Operating Expenses0.2%140,306139,996134,074137,748132,814135,580131,692131,217126,537127,033104,570102,44895,37889,93481,91978,32476,66676,91372,85675,22970,035
  S&GA Expenses0.9%71,22770,56968,61070,32168,39371,77969,81068,71464,78767,67356,22954,91951,49348,90445,43542,98342,58044,12942,11741,65641,996
  R&D Expenses-0.7%47,82748,14444,81846,14444,73245,01844,47844,81543,57040,14334,34433,33330,06227,93824,67024,06722,68821,87420,40019,72218,768
EBITDA Margin-3.8%-0.15*-0.14*-0.16*-0.16*-0.17*-0.20*-0.25*-0.26*-0.26*-0.25*-0.25*-0.25*---------
Interest Expenses158300.0%1,5841.001,5843.001,6081.001,5831.001,582-1,5824.001,582--------
Income Taxes29.0%1,4021,0872,5047,4462,9615,0255,5661,6981,4143,0231,5259155597,295220384213801530547510
Earnings Before Taxes-20781.5%-39,088189-20,513-31,251-35,343-5,723-23,151-34,592-47,349-21,920-21,789-32,033-35,097-11,737-19,005-23,939-31,217-13,849-16,457-23,941-22,129
EBT Margin-2.9%-0.18*-0.17*-0.19*-0.20*-0.20*-0.23*-0.28*-0.29*-0.30*-0.28*-0.28*-0.29*---------
Net Income-4408.9%-40,490-898-23,017-38,697-38,304-10,748-28,717-36,290-48,763-24,943-23,314-32,948-35,656-19,032-19,225-24,323-31,430-14,650-16,987-24,488-22,639
Net Income Margin-0.8%-0.20*-0.20*-0.23*-0.24*-0.24*-0.26*-0.30*-0.31*-0.32*-0.30*-0.31*-0.32*---------
Free Cashflow580.4%56,4268,2935,9914,31335,720-328-3,138-17,10621,047-6,032-6,279-10,268---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-4.6%1,0541,1041,0211,0371,0111,0441,0591,0521,0521,1091,0581,0321,038555503498287318298304305
  Current Assets-7.7%708767686905876906917907904959912897900420401390177215198207220
    Cash Equivalents-36.3%14723111139924936875475377680680378175423423124078.0069.0053.0069.0064.00
  Net PPE-6.6%32.0034.0034.0037.0038.0039.0038.0040.0039.0038.0034.0035.0036.0037.0036.0037.0037.0036.0027.0024.0021.00
  Goodwill0%23.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.00-------
  Current Liabilities-3.1%297307267255217229209209196212182182179183148145145160134135133
  Long Term Debt0.2%251250---249---225---218-------
    LT Debt, Non Current-100.0%-250---249---225---218-------
Shareholder's Equity-7.6%45249044547148150253252653659757757057994.0083.0079.0080.0094.0098.00100110
  Retained Earnings-6.3%-684-644-643-620-581-543-532-504-467-427-402-379-346-310-291-272-248-216-202-185-160
  Additional Paid-In Capital0.3%1,1461,1431,1111,1091,0771,0551,0771,0381,0001,018977947921395371347328311299285271
Shares Outstanding2.3%112109109110110108110109108105105106---------
Float----2,560---3,170---6,080---2,730---1,840-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations443.0%56,72310,4476,3335,80636,8303,434-1,638-14,46724,542338-4,305-9,23820,3837,654-2,692-14,6783,874-7.00-13,629-11,10214,055
  Share Based Compensation1.4%32,09331,64332,98039,38535,81134,80634,30037,75835,99838,11024,42225,86821,37919,40118,67817,62312,88311,36011,02214,7968,961
Cashflow From Investing-201.5%-111,966110,350-263,335152,424-142,515-332,283-2,019-8,079-31,8702,15720,05137,016-4,845-5,191-10,637-39,33441415,681-5,57417,2635,933
Cashflow From Financing-2170.2%-28,446-1,253-30,998-7,619-13,530-57,5964,730-1.00-22,7141226,041-27.00503,9761714,808216,4584,3162713,028-1,463-4,234
  Buy Backs---35,9235,0802,51956,444---------------
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VRNS Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Revenue$ 499,160$ 473,634$ 390,134
Cost of revenues71,75169,83659,399
Gross profit427,409403,798330,735
Operating expenses:   
Research and development183,838177,881137,882
Sales and marketing277,893275,090230,314
General and administrative82,90172,05561,233
Total operating expenses544,632525,026429,429
Operating loss(117,223)(121,228)(98,694)
Financial income (expense), net30,30510,413(12,145)
Loss before income taxes(86,918)(110,815)(110,839)
Income taxes(13,998)(13,703)(6,022)
Net loss$ (100,916)$ (124,518)$ (116,861)
Net loss per share of common stock, basic (in USD per share)$ (0.92)$ (1.14)$ (1.11)
Net loss per share of common stock, diluted (in USD per share)$ (0.92)$ (1.14)$ (1.11)
Weighted average number of shares used in computing net loss per share of common stock, basic (in shares)109,141,894109,281,368105,305,957
Weighted average number of shares used in computing net loss per share of common stock, diluted (in shares)109,141,894109,281,368105,305,957
Subscriptions   
Revenues:   
Revenue$ 400,907$ 366,144$ 270,832
Maintenance and services   
Revenues:   
Revenue$ 98,253$ 107,490$ 119,302

VRNS Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 230,740$ 367,800
Marketable securities253,175236,338
Short-term deposits49,800128,350
Trade receivables (net of allowance of $1,487 and $3,453 at December 31, 2023 and December 31, 2022, respectively)169,116135,979
Prepaid expenses and other current assets64,32637,190
Total current assets767,157905,657
Long-term assets:  
Long-term marketable securities211,0630
Operating lease right-of-use assets51,83856,772
Property and equipment, net33,96439,043
Intangible assets, net1,2632,788
Goodwill23,13523,135
Other assets15,49016,337
Total long-term assets336,753138,075
Total assets1,103,9101,043,732
Current liabilities:  
Trade payables6722,962
Accrued expenses and other short-term liabilities125,057115,231
Deferred revenues181,049110,550
Total current liabilities306,778228,743
Long-term liabilities:  
Convertible senior notes, net250,477248,963
Operating lease liabilities51,31357,627
Deferred revenues8861,503
Other liabilities4,8084,771
Total long-term liabilities307,484312,864
Stockholders’ equity:  
Common stock of $0.001 par value - Authorized: 200,000,000 shares at December 31, 2023 and December 31, 2022; Issued and outstanding: 109,103,721 shares at December 31, 2023 and 107,673,052 shares at December 31, 2022109108
Accumulated other comprehensive loss(8,649)(9,557)
Additional paid-in capital1,142,5781,055,048
Accumulated deficit(644,390)(543,474)
Total stockholders’ equity489,648502,125
Total liabilities and stockholders’ equity$ 1,103,910$ 1,043,732
VRNS
Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, which offers a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. Varonis Systems, Inc. sells products and services through a network of distributors and resellers. The company serves IT, security, and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is based in New York, New York.
 CEO
 WEBSITEvaronis.com
 INDUSTRYSoftware - Infra
 EMPLOYEES2143

Varonis Systems Inc Frequently Asked Questions


What is the ticker symbol for Varonis Systems Inc? What does VRNS stand for in stocks?

VRNS is the stock ticker symbol of Varonis Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Varonis Systems Inc (VRNS)?

As of Tue May 07 2024, market cap of Varonis Systems Inc is 5.02 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VRNS stock?

You can check VRNS's fair value in chart for subscribers.

What is the fair value of VRNS stock?

You can check VRNS's fair value in chart for subscribers. The fair value of Varonis Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Varonis Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VRNS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Varonis Systems Inc a good stock to buy?

The fair value guage provides a quick view whether VRNS is over valued or under valued. Whether Varonis Systems Inc is cheap or expensive depends on the assumptions which impact Varonis Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VRNS.

What is Varonis Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, VRNS's PE ratio (Price to Earnings) is -48.67 and Price to Sales (PS) ratio is 9.92. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VRNS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Varonis Systems Inc's stock?

In the past 10 years, Varonis Systems Inc has provided 0.2 (multiply by 100 for percentage) rate of return.