$VRNS.US ranked positive on December 13th, 2022

Smart Insider $VRNS.US ranked positive on December 13th, 2022

$VRNS.US ranked positive on December 13th, 2022

Veronis Systems Inc – (VRNS, +1, December 13th) 

Guy Melamed (CFO and COO since 2017) purchased $500,000 worth of stock on December 8th at $20.50, increasing his holdings by 5% to 490,351 shares. Despite a five-year tenure this is only his second purchase, following a $250,000 purchase in early November at $17.50.

We ranked this stock +N on November 8th based on a cluster of buying around $17 per share from Melamed, along with James O’Boyle (SVP Worldwide Sales joined 2010) and Yaki Faitelson (Chair & CEO, joined 2004).

Faitelson made a follow-on purchase on November 14th at $20.88, and now with the CFO’s purchase, we have two key insiders paying a higher price for the shares. These three buyers are new to the company yet none had purchased shares before November.

We are upgrading the stock further, from +N to +1.

If you want to have Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe!
Follow us on LinkedIn and Twitter

Check our Signals Performance and if you want to know more about this Signals Service, please, email us at sales_admin@smartinsider.com or fill in the Contact Us form here.

If you are interested in our Stocks of the Week
those services may also be useful for you

Desktop
Service

Timely data delivery customised to every user, backed by analysis tools on our internal website

Signals
Data

We rank the stocks where transactions are most likely to indicate future share price performance

Shares
Buybacks

Studying buyback activity can give a clue to the fortunes of a company and help predict future share price movement

If you are a member of the media and would like to speak with a Smart Insider expert, please contact us press@smartinsider.com or call +44 203 405 3356

Scroll to Top