Insider Sale at Varonis Systems Inc. (VRNS): Large Shareholder Sells 11,600 Shares

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Evergreen IV L.P., a large shareholder at Varonis Systems Inc. (NASDAQ:VRNS) sold on Thursday, September 11, through an open market transaction 11,600 shares of Common Stock, par value $0.001. Of these, 1,100 shares were sold at a price of $24, for a total value of $26,400. The remaining 10,500 shares were transacted at a price of $23,64, for a total value of $248,272. Following the document filed, 4,115,771 securities, of this $565,13 million market cap company, are directly held by Evergreen IV, L.P., the general partner of which is Evergreen IV GP, L.P., and the general partner of which is Evergreen E.P.F IV Ltd.

In the same way, Varonis Systems Inc. (NASDAQ:VRNS)’s Director, Erez Sachar has sold part of his shares in four occasions throughout last quarter’s September. In total, Mr. Sachar has transacted 275,508 shares, at prices ranging from $23,51 per share to $24 per share.

In addition, none of the hedge funds we cover currently take any participation in this $565.13 million market cap software platform provider.

 

Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned. 

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