Research Feed
i3 Verticals: High-Growth SaaS Transition Disguised as a Flat-Revenue Company
$800M gov-tech SaaS company at RSI 25, 30.6% short interest, trading 17x forward P/E while growing organic SaaS 24%+ for four consecutive quarters. Management exhausted a $50M buyback in 6 months and immediately authorized $60M more — buying 14% of the float at the technical trough. Just acquired a
VRNS: Management Buying at $33, Stock at $24 After Lawsuit Panic
Varonis (VRNS) cratered -10.8% today (Feb 4) on 8.8× normal volume, closing at $23.67. RSI plunged to 17.7 — extreme oversold territory. The stock is now trading 30% below the $33.45 price where management executed $15M of buybacks just 8 weeks ago (Dec 2025). The selloff appears driven by two facto