Stephens Investment Management Group LLC Purchases 105,667 Shares of Varonis Systems, Inc. $VRNS

Stephens Investment Management Group LLC increased its position in Varonis Systems, Inc. (NASDAQ:VRNS) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,690,349 shares of the technology company’s stock after purchasing an additional 105,667 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Varonis Systems were worth $55,443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of VRNS. Signaturefd LLC raised its holdings in shares of Varonis Systems by 47.8% in the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after purchasing an additional 322 shares during the period. Allworth Financial LP grew its stake in Varonis Systems by 201.3% in the 3rd quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after buying an additional 463 shares during the last quarter. Neo Ivy Capital Management acquired a new position in Varonis Systems in the 3rd quarter valued at about $42,000. First Horizon Corp acquired a new position in Varonis Systems in the 3rd quarter valued at about $45,000. Finally, Westside Investment Management Inc. grew its stake in Varonis Systems by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 844 shares of the technology company’s stock valued at $49,000 after buying an additional 422 shares during the last quarter. 95.65% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on VRNS. B. Riley Financial decreased their price target on shares of Varonis Systems from $58.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. DA Davidson upped their price target on shares of Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. upped their price target on shares of Varonis Systems from $38.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Rosenblatt Securities began coverage on shares of Varonis Systems in a research note on Tuesday, May 12th. They issued a “buy” rating and a $40.00 price target on the stock. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Varonis Systems in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $41.35.

Varonis Systems Stock Performance

Shares of NASDAQ:VRNS opened at $28.18 on Friday. The company’s 50 day moving average price is $24.27 and its two-hundred day moving average price is $29.16. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90. The firm has a market cap of $3.24 billion, a PE ratio of -24.72 and a beta of 0.80. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The firm had revenue of $173.13 million for the quarter, compared to analyst estimates of $165.52 million. The company’s revenue was up 26.9% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. Equities research analysts predict that Varonis Systems, Inc. will post -1.05 earnings per share for the current year.

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.