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Guy Melamed, Chief Financial Officer and Chief Operating Officer of Varonis Systems Inc (NASDAQ:VRNS), sold 51,889 shares of the company’s common stock on August 1, 2025. The transaction comes as Varonis, a $6.14 billion market cap company, maintains impressive gross profit margins of 81.46% and trades near its 52-week high of $60.58. The shares were sold at a weighted average price of $55.10, for a total transaction value of $2,859,083. Prices for the shares ranged from $55.01 to $55.24.
Following the transaction, Melamed directly owns 470,602 shares of Varonis Systems Inc.
The sale was executed under a Rule 10b5-1 trading plan.
In other recent news, Varonis Systems has reported strong second-quarter 2025 earnings, surpassing market expectations with an earnings per share (EPS) of $0.03 compared to the forecasted $0.01. The company’s revenue also exceeded predictions, reaching $152.2 million against an anticipated $148 million. This robust performance has led to a series of analyst upgrades. RBC Capital raised its price target for Varonis Systems to $64 from $58, maintaining an Outperform rating, highlighting the company’s 19% annual recurring revenue (ARR) growth. Needham also increased its price target to $70 from $60, maintaining a Buy rating, and noted the company’s successful SaaS migration and strong demand environment. Cantor Fitzgerald followed suit, raising its price target to $63 from $60, while keeping an Overweight rating, after Varonis exceeded consensus estimates in revenue, ARR, and free cash flow. These developments reflect confidence in Varonis Systems’ strategic direction and financial health.
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