Penserra Capital Management LLC Sells 346,081 Shares of Varonis Systems, Inc. $VRNS

Penserra Capital Management LLC lessened its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 21.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,267,222 shares of the technology company’s stock after selling 346,081 shares during the quarter. Varonis Systems makes up 0.9% of Penserra Capital Management LLC’s holdings, making the stock its 21st biggest position. Penserra Capital Management LLC owned about 1.07% of Varonis Systems worth $72,827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VRNS. Dynamic Technology Lab Private Ltd acquired a new stake in Varonis Systems in the first quarter valued at $233,000. Caxton Associates LLP acquired a new stake in Varonis Systems in the 1st quarter valued at about $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in 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 worth $25,049,000 after purchasing an additional 64,636 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Varonis Systems by 48.4% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,562 shares of the technology company’s stock worth $638,000 after buying an additional 4,097 shares during the last quarter. Finally, KLP Kapitalforvaltning AS raised its stake in Varonis Systems by 6.5% in the second quarter. KLP Kapitalforvaltning AS now owns 23,000 shares of the technology company’s stock valued at $1,167,000 after buying an additional 1,400 shares during the period. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Key Varonis Systems News

Here are the key news stories impacting Varonis Systems this week:

• Positive Sentiment: Varonis reported Q4 results above expectations — $0.08 EPS vs. a $0.03 consensus and revenue of $173.4M vs. ~$168.7M consensus; revenue grew ~9.4% year-over-year. This confirms near-term revenue momentum. Read More.
• Positive Sentiment: Management set FY2026 guidance well above prior street EPS expectations (EPS guidance 0.060–0.100 vs. consensus around -0.060) and raised revenue outlook ($722M–$730M). That forward guidance is a material positive signal about the company’s recovery and margin trajectory. Read More.
• Positive Sentiment: Operational progress: ARR and SaaS metrics improved (ARR +16% YoY; SaaS ARR ex-conversions +32%), and cash from operations and free cash flow both rose year-over-year — supporting a healthier balance-sheet and reinvestment capacity. Read More.
• Positive Sentiment: Strategic acquisition: Varonis announced it will acquire AllTrue.ai to add AI TRiSM capabilities — expands product footprint into AI trust, risk and security, which is accretive to its data+AI security positioning. Read More.
• Neutral Sentiment: Investors can review the earnings presentation and conference call materials for detail on assumptions behind guidance. Read More.
• Negative Sentiment: Legal overhang: multiple law firms have filed or solicited plaintiffs and issued lead-plaintiff deadlines (March 9), alleging misstatements about the SaaS transition and related guidance. The volume and substance of these actions increase short-term uncertainty and likely weighed on the stock today. Read More.
• Negative Sentiment: Numerous similar notices from other firms (Rosen, Pomerantz, Bragar, etc.) amplify the headlines and could pressure sentiment until litigation risk is resolved. Read More.

Varonis Systems Price Performance

Varonis Systems stock opened at $26.53 on Wednesday. The firm has a market cap of $3.13 billion, a PE ratio of -26.01 and a beta of 0.58. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.81 and a quick ratio of 1.81. The stock’s fifty day moving average price is $32.99 and its two-hundred day moving average price is $45.77. Varonis Systems, Inc. has a one year low of $25.03 and a one year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.05. Varonis Systems had a negative return on equity of 21.91% and a negative net margin of 18.82%.The company had revenue of $173.37 million for the quarter, compared to analyst estimates of $168.66 million. During the same period in the prior year, the firm posted $0.18 EPS. Varonis Systems’s quarterly 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. As a group, research analysts expect that Varonis Systems, Inc. will post -0.83 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VRNS has been the subject of several research analyst reports. JPMorgan Chase & Co. reduced their target price on Varonis Systems from $62.00 to $50.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. Morgan Stanley reaffirmed an “equal weight” rating and set a $41.00 price objective (down from $44.00) on shares of Varonis Systems in a research report on Monday, January 26th. Stephens initiated coverage on shares of Varonis Systems in a research report on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price objective on the stock. Needham & Company LLC reduced their target price on shares of Varonis Systems from $70.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Varonis Systems in a research note on Wednesday, January 21st. Fifteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.50.

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.