VS2.F
Varonis Systems, Inc.
FrankfurtEUREQUITY
Technology
DELAYED
Last price
34.73
▼ 0.17 (0.49%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
34.73
Prev close
34.90
Day high
34.73
Day low
34.73
Volume
500
Market cap
$3.99B
P/E (TTM)
—
52W range
16.96 – 54.76
Day trading desk
Gap from prior close
-0.49%
Prior close 34.90
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
—
34.73 – 34.73
Position in range
—
—
ATR (14D)
1.02
2.94% of price
Prior day high
34.90
PDH
Prior day low
34.90
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 129
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
Returnvs SPY
1W
-10.74%
-9.5%
1M
-11.02%
-14.3%
3M
+30.71%
+28.4%
6M
+94.24%
+82.4%
YTD
+23.24%
+11.4%
1Y
-30.87%
-50.9%
3Y
+19.76%
-55.1%
5Y
-40.63%
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on VS2.F 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
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
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| 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 | 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 | 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 | BASS DAVID Chief Technology Officer |
BUY | 2.98K | $69.94K | Direct |
| Feb 9, 26 | FAITELSON YAKOV Chief Executive Officer |
STOCK | 87.00K | $0 | 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.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
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
Market cap$3.99B
Enterprise value$3.84B
Revenue (TTM)$688.09M
Gross profit$530.31M
EBITDA$-130.70M
Net income$-141.38M
EPS (TTM)$-1.04
Free cash flow$138.68M
Total cash$698.27M
Total debt$528.37M
Book value / share$3.35
Shares outstanding114.86M
Float111.38M
Short % of float—
Dividend yield—
Beta (5Y)0.81
Valuation & profitability ratios
Trailing P/E—
Forward P/E182.79
PEG ratio7.51
Price / sales—
Price / book10.37
EV / revenue5.58
EV / EBITDA-29.37
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
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| 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 | 114.41M | 111.66M | 109.14M | 109.28M | +2.5% |
| Diluted shares | 114.41M | 111.66M | 109.14M | 109.28M | +2.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $202.48M | $185.59M | $230.74M | $367.80M | +9.1% |
| Cash & short-term investments | $920.97M | $568.42M | $533.72M | $732.49M | +62.0% |
| Accounts receivable | $242.82M | $192.83M | $169.12M | $135.98M | +25.9% |
| Total current assets | $1.30B | $878.07M | $767.16M | $905.66M | +47.9% |
| Property, plant & equipment | $93.71M | $76.39M | $85.80M | $95.81M | +22.7% |
| Goodwill & intangibles | $151.96M | $23.14M | $24.40M | $25.92M | +556.9% |
| Total assets | $1.79B | $1.66B | $1.10B | $1.04B | +7.7% |
| Total current liabilities | $658.96M | $709.88M | $306.78M | $228.74M | -7.2% |
| Current debt | — | $250.53M | — | — | — |
| Long-term debt | $452.26M | $450.24M | $250.48M | $248.96M | +0.4% |
| Total debt | $521.75M | $754.41M | $311.84M | $316.46M | -30.8% |
| Total liabilities | $1.19B | $1.21B | $614.26M | $541.61M | -1.3% |
| Retained earnings | -$869.48M | -$740.15M | -$644.39M | -$543.47M | -17.5% |
| Shareholder equity | $598.66M | $455.66M | $489.65M | $502.13M | +31.4% |
| Working capital | $639.60M | $168.19M | $460.38M | $676.91M | +280.3% |
| Net tangible assets | $446.69M | $432.52M | $465.25M | $476.20M | +3.3% |
| Shares issued | 117.55M | 112.55M | 109.10M | 107.67M | +4.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$129.32M | -$95.77M | -$100.92M | -$124.52M | -35.0% |
| Depreciation & amortisation | $12.31M | $11.13M | $11.70M | $12.18M | +10.6% |
| Stock-based compensation | $130.24M | $126.68M | $139.82M | $142.86M | +2.8% |
| Change in working capital | $67.23M | $13.13M | -$45.89M | -$78.44M | +412.0% |
| Operating cash flow | $147.43M | $115.20M | $59.42M | $11.87M | +28.0% |
| Capital expenditure | -$15.52M | -$13.35M | -$5.10M | -$11.40M | -16.3% |
| Investing cash flow | -$837.00K | -$532.25M | -$143.08M | -$374.25M | +99.8% |
| Share buybacks | -$115.00M | $0 | -$43.52M | -$56.44M | — |
| Financing cash flow | -$129.70M | $371.90M | -$53.40M | -$75.58M | -134.9% |
| Free cash flow | $131.91M | $101.85M | $54.32M | $475.00K | +29.5% |
| End cash position | $202.48M | $185.59M | $230.74M | $367.80M | +9.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $180.02M | $173.13M | $173.37M | $161.58M | $152.16M | — | +4.0% |
| Operating revenue | $180.02M | $173.13M | $173.37M | $161.58M | $152.16M | — | +4.0% |
| Cost of revenue | $44.51M | $41.57M | $36.56M | $35.15M | $31.25M | — | +7.1% |
| Gross profit | $135.51M | $131.56M | $136.81M | $126.43M | $120.91M | — | +3.0% |
| Research & development | $73.34M | $69.76M | $64.62M | $62.74M | $56.25M | — | +5.1% |
| Selling, general & admin | $102.80M | $105.20M | $102.45M | $99.63M | $101.22M | — | -2.3% |
| Total operating expense | $176.14M | $176.04M | $167.07M | $162.36M | $157.47M | — | +0.1% |
| Operating income | -$40.63M | -$44.48M | -$30.26M | -$35.93M | -$36.55M | — | +8.7% |
| Net interest income | -$763.00K | $4.45M | $12.62M | $7.81M | $4.97M | — | -117.2% |
| Pre-tax income | -$41.39M | -$40.03M | -$24.79M | -$28.13M | -$31.59M | — | -3.4% |
| Tax provision | $5.42M | -$3.18M | $2.98M | $1.81M | $4.24M | — | +270.2% |
| Net income | -$46.81M | -$36.85M | -$27.77M | -$29.94M | -$35.82M | — | -27.0% |
| Net income to common | -$46.81M | -$36.85M | -$27.77M | -$29.94M | -$35.82M | — | -27.0% |
| Basic EPS | -0.41 | -0.32 | -0.24 | — | -0.32 | -0.32 | -28.1% |
| Diluted EPS | -0.41 | -0.32 | -0.24 | — | -0.32 | -0.32 | -28.1% |
| EBIT | -$40.63M | -$44.48M | $6.50M | -$35.93M | -$36.55M | — | +8.7% |
| EBITDA | -$33.45M | -$40.13M | $10.85M | -$32.96M | -$33.98M | — | +16.6% |
| Basic shares | 114.82M | 115.79M | 117.85M | — | 112.05M | 112.65M | -0.8% |
| Diluted shares | 114.82M | 115.79M | 117.85M | — | 112.05M | 112.65M | -0.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $233.64M | $179.34M | $202.48M | $157.35M | $199.23M | — | +30.3% |
| Cash & short-term investments | $698.27M | $785.91M | $920.97M | $707.92M | $807.45M | — | -11.2% |
| Accounts receivable | $150.90M | $156.62M | $242.82M | $142.63M | $149.70M | — | -3.7% |
| Total current assets | $996.95M | $1.08B | $1.30B | $961.39M | $1.07B | — | -7.8% |
| Property, plant & equipment | $102.14M | $96.57M | $93.71M | $93.90M | $74.83M | — | +5.8% |
| Goodwill & intangibles | $271.09M | $273.40M | $151.96M | $152.51M | $45.59M | — | -0.8% |
| Total assets | $1.65B | $1.63B | $1.79B | $1.67B | $1.62B | — | +1.2% |
| Total current liabilities | $605.94M | $638.61M | $658.96M | $531.91M | $771.40M | — | -5.1% |
| Current debt | — | — | — | — | $251.15M | $250.91M | — |
| Long-term debt | $453.28M | $452.77M | $452.26M | $451.75M | $451.25M | — | +0.1% |
| Total debt | $516.13M | $511.20M | $521.75M | $511.68M | $742.26M | — | +1.0% |
| Total liabilities | $1.21B | $1.18B | $1.19B | $1.06B | $1.27B | — | +2.4% |
| Retained earnings | -$953.14M | -$906.33M | -$869.48M | -$841.70M | -$811.76M | — | -5.2% |
| Shareholder equity | $444.49M | $453.51M | $598.66M | $604.84M | $341.50M | — | -2.0% |
| Working capital | $391.01M | $442.42M | $639.60M | $429.47M | $296.96M | — | -11.6% |
| Net tangible assets | $173.41M | $180.12M | $446.69M | $452.33M | $295.90M | — | -3.7% |
| Shares issued | 114.85M | 114.81M | 117.55M | 117.90M | 112.05M | — | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$46.81M | -$36.85M | -$27.77M | -$29.94M | -$35.82M | -27.0% |
| Depreciation & amortisation | $7.18M | $4.35M | $4.34M | $2.98M | $2.57M | +64.9% |
| Stock-based compensation | $34.62M | $33.74M | $32.58M | $31.55M | $33.86M | +2.6% |
| Change in working capital | $11.95M | $41.00M | -$1.35M | $11.01M | $3.28M | -70.8% |
| Operating cash flow | $25.08M | $55.04M | $24.68M | $33.40M | $21.35M | -54.4% |
| Capital expenditure | -$5.05M | -$6.02M | -$4.33M | -$4.50M | -$4.03M | +16.0% |
| Investing cash flow | $36.19M | $63.33M | $35.92M | -$81.69M | $69.95M | -42.9% |
| Share buybacks | $0 | -$135.00M | -$15.00M | $0 | -$38.74M | +100.0% |
| Financing cash flow | -$6.96M | -$141.52M | -$15.48M | $6.42M | -$45.17M | +95.1% |
| Free cash flow | $20.03M | $49.02M | $20.36M | $28.89M | $17.32M | -59.1% |
| End cash position | $233.64M | $179.34M | $202.48M | $157.35M | $199.23M | +30.3% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
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.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $186.92M | +15.7% |
| Next quarter | — | — | $197.82M | +14.1% |
| Current year | — | — | $737.84M | +18.3% |
| Next year | — | — | $874.89M | +18.6% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders2.98%
Held by institutions101.53%
Institutions holding496
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
36.75
-5.51% from price
SMA 20
36.87
-5.81% from price
SMA 50
36.77
-5.54% from price
SMA 100
30.40
+14.24% from price
SMA 200
27.71
+25.36% from price
EMA 12
36.58
-5.05% from price
EMA 26
36.91
-5.91% from price
EMA 50
35.62
-2.50% from price
RSI (14)
42.0
Neutral
MACD (12,26,9)
-0.34
Hist -0.37
ATR (14)
1.02
2.94% of price
Realised vol 30D
57.8%
Annualised
Bollinger upper
40.07
20, 2σ
Bollinger lower
33.68
20, 2σ
50 / 200 cross
Golden
36.77 vs 27.71
Trend bias
Above 200
+25.36%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.37
Less volatile than market
Correlation to SPY
0.07
Largely independent
Realised vol 30D
57.8%
Annualised
Market vol 1Y
12.8%
SPY, annualised
Max drawdown 1Y
-69.0%
Peak to trough
Max drawdown 5Y
-74.3%
Peak to trough
ATR 14
1.02
2.94% of price
Beta (reported)
0.81
5Y monthly, from filing
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| 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 |
| Jul 24, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate—
Forward yield—
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split3:1
Split dateMar 15, 2021
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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