VRNS

Varonis Systems Inc

TMT


Presented:07/14/2020
Price:$34.78
Cap:$3.28B
Current Price:$59.98
Cap:$6.73B

Presented

Date07/14/2020
Price$34.78
Market Cap$3.28B
Ent Value$1.90B
P/E RatioN/A
Book Value$0.85
Div Yield0%
Shares O/S94.40M
Ave Daily Vol1,222,515
Short Int9.27%

Current

Price$59.98
Market Cap$6.73B
Varonis Systems, Inc. engages in providing data security and analytics. It operates through the following segments: United States, EMEA, and Rest of the World. Its products includes datadvantage, data classification engine, data transport engine, Varonis edge, datanswers, datalert, dataprivilege, automation engine, and GDPR patterns. The company was founded by Yaki Faitelson and Ohad Korkus on November 3, 2004 and is headquartered in New York, NY.

Please note, this stock split on 05/12/2021 at a ratio of 3/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $104.33.

Publicly traded companies mentioned herein: JPMorgan Chase & Co (JPM), Varonis Systems Inc (VRNS)

Highlights

The presenter is long shares of Varonis Systems Inc, believing the company’s transition from a licensing to subscription revenue model, along with a dominant position, is misunderstood by the sell-side. The company offers a data security solution allowing firms to quickly locate valuable data and see which employees at the firm have access to specific data, with demand driven by both increased security needs as well as the recommendations from auditors.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.