CEO Faitelson buys 26,725 shares at $22.41; 3 other insiders bought within 14 days as stock trades -58.5% from 52-week high.
Faitelson Yakov, CEO/President/Chairman, purchased 26,725 shares at $22.41 on 2026-02-09, increasing his holdings to 285,312 shares (+10.3% from prior position). The buy occurs with the stock trading at $26.26, down 58.5% from its 52-week high of $63.31 and down 25.5% over the past 30 days. Notably, a cluster of 3 other insiders also bought within the past 14 days, suggesting synchronized acquisition activity. The company reported revenue of $161,577,000.00 in the latest quarter with annual revenue growth of +13.2%, but was unprofitable with net income of -$29,942,000.00 and a full-year loss. The CEO's prior trading history at VRNS (2 prior sells in May 2024) showed 0 of 2 well-timed at the 90-day mark, with the stock rising 20.7% and 13.0% after those sales, respectively. This buy at a depressed price level coinciding with a broader insider purchase pattern merits observation of whether subsequent price action confirms or contradicts the multi-insider accumulation signal.