Varonis Systems (NASDAQ:VRNS) Reaches New 1-Year Low – Time to Sell?

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) reached a new 52-week low on Friday . The stock traded as low as $30.02 and last traded at $30.27, with a volume of 952536 shares. The stock had previously closed at $31.11.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Baird R W cut shares of Varonis Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Barclays boosted their target price on Varonis Systems from $62.00 to $70.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Wedbush reiterated an “outperform” rating and set a $65.00 price target on shares of Varonis Systems in a research report on Wednesday, September 3rd. Truist Financial restated a “buy” rating and issued a $50.00 price objective (down previously from $70.00) on shares of Varonis Systems in a report on Wednesday, October 29th. Finally, Piper Sandler cut their price target on shares of Varonis Systems from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Sixteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $59.79.

Varonis Systems Stock Performance

The stock has a market capitalization of $3.58 billion, a PE ratio of -29.77 and a beta of 0.64. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a 50 day moving average of $46.03 and a 200-day moving average of $50.73.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 21.91%. The business had revenue of $161.58 million during the quarter, compared to analysts’ expectations of $166.47 million. During the same period last year, the company posted $0.10 earnings per share. The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. Research analysts forecast that Varonis Systems, Inc. will post -0.83 earnings per share for the current year.

Institutional Investors Weigh In On Varonis Systems

Institutional investors have recently made changes to their positions in the company. Avantax Advisory Services Inc. raised its position in Varonis Systems by 6.7% during the first quarter. Avantax Advisory Services Inc. now owns 7,423 shares of the technology company’s stock valued at $300,000 after acquiring an additional 469 shares in the last quarter. XTX Topco Ltd increased its position in Varonis Systems by 45.5% in the 1st quarter. XTX Topco Ltd now owns 11,177 shares of the technology company’s stock worth $452,000 after buying an additional 3,497 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Varonis Systems by 45.2% during the first quarter. PNC Financial Services Group Inc. now owns 4,502 shares of the technology company’s stock worth $182,000 after buying an additional 1,401 shares during the last quarter. Nuveen LLC bought a new stake in shares of Varonis Systems in the first quarter valued at approximately $21,572,000. Finally, HighTower Advisors LLC grew its stake in shares of Varonis Systems by 12.0% in the first quarter. HighTower Advisors LLC now owns 9,211 shares of the technology company’s stock worth $373,000 after acquiring an additional 990 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Varonis Systems Company Profile

Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.