Varonis Systems (NASDAQ:VRNS) Receives Market Perform Rating from William Blair

Varonis Systems (NASDAQ:VRNS)‘s stock had its “market perform” rating reiterated by equities researchers at William Blair in a note issued to investors on Monday.

Other analysts have also issued reports about the stock. Wedbush lowered their price objective on shares of Varonis Systems from $53.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. B. Riley Financial cut their target price on shares of Varonis Systems from $58.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. UBS Group set a $50.00 price target on shares of Varonis Systems in a research report on Monday, January 26th. Wells Fargo & Company started coverage on shares of Varonis Systems in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $28.00 price objective on the stock. Finally, Piper Sandler raised shares of Varonis Systems from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $45.00 to $47.00 in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $43.15.

Varonis Systems Stock Down 1.2%

Shares of NASDAQ VRNS opened at $23.72 on Monday. Varonis Systems has a 52-week low of $20.06 and a 52-week high of $63.90. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of -20.81 and a beta of 0.62. The stock has a 50 day moving average price of $27.10 and a 200 day moving average price of $38.30. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 1.97.

Varonis Systems (NASDAQ:VRNS) last issued its earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Varonis Systems had a negative return on equity of 22.95% and a negative net margin of 20.74%.The business had revenue of $173.37 million during the quarter, compared to analyst estimates of $168.66 million. During the same period in the previous year, the company posted $0.18 EPS. Varonis Systems’s revenue was up 9.4% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.060-0.100 EPS and its Q1 2026 guidance at -0.060–0.050 EPS. Sell-side analysts expect that Varonis Systems will post -0.83 earnings per share for the current year.

Insider Transactions at Varonis Systems

In other news, Director John J. Gavin, Jr. bought 5,000 shares of the stock in a transaction on Friday, February 6th. The stock was bought at an average cost of $22.54 per share, for a total transaction of $112,700.00. Following the completion of the purchase, the director directly owned 273,666 shares in the company, valued at approximately $6,168,431.64. The trade was a 1.86% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David Bass purchased 2,980 shares of the business’s stock in a transaction on Monday, February 9th. The stock was purchased at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the completion of the acquisition, the executive vice president directly owned 1,042,924 shares of the company’s stock, valued at approximately $24,477,426.28. The trade was a 0.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 25,780 shares of company stock valued at $579,403 in the last 90 days. Insiders own 2.30% of the company’s stock.

Institutional Trading of Varonis Systems

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd purchased a new position in Varonis Systems during the 1st quarter worth $233,000. Caxton Associates LLP purchased a new stake in shares of Varonis Systems during the first quarter worth about $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Varonis Systems by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 619,257 shares of the technology company’s stock valued at $25,049,000 after acquiring an additional 64,636 shares in the last quarter. Creative Planning raised its position in shares of Varonis Systems by 47.6% in the 2nd quarter. Creative Planning now owns 48,972 shares of the technology company’s stock valued at $2,485,000 after purchasing an additional 15,789 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Varonis Systems by 627.1% in the 2nd quarter. Franklin Resources Inc. now owns 272,886 shares of the technology company’s stock worth $13,849,000 after purchasing an additional 235,355 shares in the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

About Varonis Systems

Varonis Systems is a cybersecurity firm specializing in the protection and management of unstructured data. The company’s flagship Data Security Platform provides advanced analytics for monitoring file systems, email servers, collaboration platforms and cloud storage. By continuously mapping and analyzing data permissions and user behavior, Varonis enables organizations to detect insider threats, verify compliance and remediate exposed data in real time.

Founded in 2005 and headquartered in New York City, Varonis serves a diverse global customer base across financial services, healthcare, media, manufacturing and government.