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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

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.