Varonis Systems Inc (NASDAQ:VRNS), a company specializing in data security and analytics, has seen a recent insider transaction according to the latest SEC filings. Director Gili Iohan sold 19,500 shares of the company on February 29, 2024. The transaction was reported through an SEC Filing, which provides detailed information about insider trades.
Gili Iohan has been active in the market over the past year, with a total of 19,500 shares sold and no shares purchased. This latest transaction continues the trend of insider activity at Varonis Systems Inc.
The insider transaction history for Varonis Systems Inc shows a pattern of insider trades over the past year. There have been 5 insider buys and 9 insider sells during this period.
On the valuation front, Varonis Systems Inc shares were trading at $50.54 on the day of the insider's recent sale, giving the company a market cap of $5.576 billion. The stock's price-to-GF-Value ratio stands at 1.22, indicating that Varonis Systems Inc is modestly overvalued according to the GF Value.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company's historical returns and growth, as well as future business performance estimates from Morningstar analysts.
For investors monitoring insider behaviors, the recent sale by Director Gili Iohan may be of interest as it reflects the insider's actions in the context of the company's stock valuation and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
