VRNS

Varonis Systems, Inc.
NasdaqGSUSDEQUITY Technology DELAYED
Last price
47.40
▼ 0.75 (1.56%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
48.15
Prev close
48.15
Day high
49.35
Day low
48.50
Volume
1.63M
Market cap
$5.64B
P/E (TTM)
—
52W range
19.70 – 63.90

Day trading desk

Current session · delayed
Gap from prior close
-0.00%
Prior close 48.15
VWAP
49.04
-3.34% from price
Relative volume
1.39×
Normal
Session range
11.82%
45.50 – 50.88
Position in range
35%
Mid range
ATR (14D)
1.72
3.63% of price
Prior day high
48.64
PDH
Prior day low
47.53
PDL
Bid / ask spread
—
Quote not published
Session volume
2.45M
Avg 1.76M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+4.18% +2.2%
1M
+6.49% +5.3%
3M
+8.90% +4.4%
6M
+110.73% +92.6%
YTD
+49.63% +35.4%
1Y
-17.28% -33.7%
3Y
+60.71% -21.5%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on VRNS open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
3.42M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Apr 30, 26
MENDOZA THOMAS F
Director
STOCK 7.22K $0 Direct
Apr 30, 26
VAN DEN BOSCH FREDERICK
Director
STOCK 7.22K $0 Direct
Apr 30, 26
GAVIN JOHN J JR
Director
STOCK 7.22K $0 Direct
Apr 30, 26
SEGEV OFER
Director
STOCK 7.22K $0 Direct
Apr 30, 26
COMOLLI KEVIN E
Director
STOCK 7.22K $0 Direct
Apr 30, 26
KORKUS YEHUDA OHAD
Director
STOCK 7.22K $0 Direct
Apr 30, 26
IOHAN GILI
Director
STOCK 7.22K $0 Direct
Apr 30, 26
PRISHKOLNIK RACHEL
Director
STOCK 7.22K $0 Direct
Apr 30, 26
KESS AVROHOM J
Director
STOCK 7.22K $0 Direct
Apr 30, 26
AUED CARLOS
Director
STOCK 7.22K $0 Direct
Feb 9, 26
FAITELSON YAKOV
Chief Executive Officer
BUY 26.73K $598.91K Direct
Feb 9, 26
FAITELSON YAKOV
Chief Executive Officer
STOCK 87.00K $0 Direct
Feb 9, 26
BASS DAVID
Chief Technology Officer
BUY 2.98K $69.94K Direct
Feb 6, 26
FAITELSON YAKOV
Chief Executive Officer
STOCK 315.67K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BASS DAVID
Chief Technology Officer 1.04M Purchase
COMOLLI KEVIN E
Director 236.80K Stock Award(Grant)
FAITELSON YAKOV
Chief Executive Officer 2.47M Purchase
GAVIN JOHN J JR
Director 280.89K Stock Award(Grant)
GOTTLIEB DOV M
General Counsel 294.86K Stock Award(Grant)
KORKUS YEHUDA OHAD
Director 122.98K Stock Award(Grant)
MELAMED GUY
Chief Operating Officer 608.66K Stock Award(Grant)
O'BOYLE JAMES
Officer 472.11K Stock Gift
POMEROY GREG
Officer 313.45K Stock Award(Grant)
VAN DEN BOSCH FREDERICK
Director 135.89K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$5.64B
Enterprise value$5.47B
Revenue (TTM)$688.09M
Gross profit$530.31M
EBITDA$-130.70M
Net income$-141.38M
EPS (TTM)$-1.24
Free cash flow$138.68M
Total cash$698.27M
Total debt$528.37M
Book value / share$3.87
Shares outstanding114.86M
Float111.38M
Short % of float6.85%
Dividend yield0.00%
Beta (5Y)0.77

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E120.24
PEG ratio7.38
Price / sales—
Price / book12.68
EV / revenue7.95
EV / EBITDA-41.83
Gross margin77.07%
Operating margin-22.56%
Profit margin-20.55%
Return on equity-35.97%
Return on assets-5.72%
Debt / equity118.87
Current ratio1.65
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $623.53M$550.95M$499.16M$473.63M +13.2%
Operating revenue $623.53M$550.95M$499.16M$473.63M +13.2%
Cost of revenue $131.97M$93.85M$71.75M$69.84M +40.6%
Gross profit $491.56M$457.10M$427.41M$403.80M +7.5%
Research & development $237.81M$196.76M$183.84M$177.88M +20.9%
Selling, general & admin $400.26M$377.99M$360.79M$347.14M +5.9%
Total operating expense $638.07M$574.75M$544.63M$525.03M +11.0%
Operating income -$146.51M-$117.65M-$117.22M-$121.23M -24.5%
Net interest income $37.34M$22.78M$20.04M$4.92M +63.9%
Pre-tax income -$116.32M-$83.01M-$86.92M-$110.81M -40.1%
Tax provision $13.00M$12.76M$14.00M$13.70M +1.9%
Net income -$129.32M-$95.77M-$100.92M-$124.52M -35.0%
Net income to common -$129.32M-$95.77M-$100.92M-$124.52M -35.0%
Basic EPS -1.13-0.86-0.92-1.14 -31.4%
Diluted EPS -1.13-0.86-0.92-1.14 -31.4%
EBIT -$109.75M-$78.44M-$83.72M-$107.65M -39.9%
EBITDA -$97.44M-$67.31M-$72.02M-$95.47M -44.8%
Basic shares 114.41M111.66M109.14M109.28M +2.5%
Diluted shares 114.41M111.66M109.14M109.28M +2.5%

Options analytics

Account required
Put / call volume
0.49
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
30.00
-38.9% from spot
ATM implied vol
3.1%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
2.39K
Contracts, this expiry
Put volume
1.18K
Contracts, this expiry
Heaviest call OI
30.00
0 contracts
Heaviest put OI
30.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.010.04 +510.7%
Mar 2026 -0.050.06 +209.8%
Dec 2025 0.030.08 +145.9%
Sep 2025 0.050.06 +11.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.03 23 $186.89M +15.7%
Next quarter 0.03 23 $197.82M +14.1%
Current year 0.15 24 $737.81M +18.3%
Next year 0.41 24 $875.27M +18.6%

Analyst targets & ownership

Account required
Mean target$51.32
High target$60.00
Low target$28.00
Implied upside8.27%
Analyst count22
ConsensusNONE
Strong buy / Buy5 / 12
Hold6
Sell / Strong sell0 / 1
Held by insiders2.98%
Held by institutions101.27%
Institutions holding494
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
47.73
-0.69% from price
SMA 20
47.34
+3.67% from price
SMA 50
44.75
+9.68% from price
SMA 100
41.31
+14.73% from price
SMA 200
34.16
+43.67% from price
EMA 12
47.67
-0.57% from price
EMA 26
46.73
+1.44% from price
EMA 50
45.05
+5.21% from price
RSI (14)
61.1
Neutral
MACD (12,26,9)
0.94
Hist -0.03
ATR (14)
1.72
3.50% of price
Realised vol 30D
46.4%
Annualised
Bollinger upper
49.26
20, 2σ
Bollinger lower
45.42
20, 2σ
50 / 200 cross
Golden
44.75 vs 34.16
Trend bias
Above 200
+43.67%

Options chain

Account required
Expiry
Spot 47.40
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.96
Less volatile than market
Correlation to SPY
0.17
Largely independent
Realised vol 30D
46.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-68.1%
Peak to trough
Max drawdown 5Y
-75.8%
Peak to trough
ATR 14
1.72
3.50% of price
Beta (reported)
0.77
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
7.63M
Prior 8.24M
Change vs prior
-7.4%
Shorts covering
% of float
6.85%
Normal
% of shares out
6.65%
Against total outstanding
Days to cover
4.3
Liquid
Float
111.38M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

346 on file
DateFirm ActionFromTo
Sep 9, 26 Needham MAINTAINED Buy Buy
Jul 30, 26 Citigroup MAINTAINED Neutral Neutral
Jul 29, 26 Piper Sandler MAINTAINED Overweight Overweight
Jul 29, 26 Susquehanna MAINTAINED Positive Positive
Jul 29, 26 TD Cowen MAINTAINED Buy Buy
Jul 29, 26 Barclays MAINTAINED Overweight Overweight
Jul 29, 26 Cantor Fitzgerald MAINTAINED Overweight Overweight
Jul 29, 26 Rosenblatt MAINTAINED Buy Buy
Jul 29, 26 Baird MAINTAINED Neutral Neutral
Jul 29, 26 Needham MAINTAINED Buy Buy
Jul 27, 26 JP Morgan MAINTAINED Overweight Overweight
Jul 24, 26 B. Riley Securities MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay date—
Last split3:1
Split dateMar 15, 2021

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.