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Insider Trends: Varonis Systems Insider Extends 90-Day Selling Trend

· 02/04/2021 16:11

09:03 PM EST, 02/04/2021 (MT Newswires) -- Fred van den Bosch, Director, on Feb 01, 2021, sold 1,500 shares in Varonis Systems (VRNS) for $262,845. After the Form 4 filing with the SEC, van den Bosch owns 48,984 shares of company stock, which have a market value of $8.91 million as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 8 insider transactions reported to the SEC for Varonis Systems. These transactions came from the activities of 4 different insiders that resulted in a net disposition of 8,337 company shares. In the preceding 90-day window of time, there were 11 transactions from 6 insiders which resulted in the net disposition of 112,900 shares.

This is lower than the average level of insider transactions in the 71-company Enterprise Software peer group over the last 90-day period. Activity in the peer group averaged 179.8 transactions per company, and disposition of 81,878 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1361113/000117184321000756/xslF345X03/ownership.xml

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