Bank of New York Mellon Corp Acquires 80,743 Shares of Varonis Systems, Inc. $VRNS

Bank of New York Mellon Corp increased its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 17.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 552,203 shares of the technology company’s stock after purchasing an additional 80,743 shares during the period. Bank of New York Mellon Corp’s holdings in Varonis Systems were worth $11,856,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Jacobs Levy Equity Management Inc. purchased a new stake in Varonis Systems during the 4th quarter valued at $48,263,000. First Trust Advisors LP lifted its holdings in shares of Varonis Systems by 40.6% during the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after buying an additional 1,279,002 shares during the period. Pictet Asset Management Holding SA boosted its stake in shares of Varonis Systems by 99.1% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock worth $71,480,000 after buying an additional 1,084,267 shares during the last quarter. Norges Bank purchased a new position in shares of Varonis Systems in the 4th quarter worth $28,811,000. Finally, Vanguard Group Inc. grew its holdings in shares of Varonis Systems by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after acquiring an additional 822,925 shares during the period. Institutional investors own 95.65% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on VRNS. B. Riley Financial upped their price target on shares of Varonis Systems from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Royal Bank Of Canada raised their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 30th. Wedbush reaffirmed an “outperform” rating and set a $37.00 target price on shares of Varonis Systems in a report on Wednesday, June 24th. Finally, UBS Group increased their price target on shares of Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Seventeen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Varonis Systems has an average rating of “Moderate Buy” and a consensus target price of $49.05.

Varonis Systems Stock Up 0.1%

NASDAQ VRNS opened at $39.95 on Friday. Varonis Systems, Inc. has a 12 month low of $19.70 and a 12 month high of $63.90. The company has a current ratio of 1.65, a quick ratio of 1.69 and a debt-to-equity ratio of 1.02. The stock has a market cap of $4.59 billion, a PE ratio of -32.48 and a beta of 0.83. The stock’s 50 day moving average is $39.20 and its 200 day moving average is $30.70.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.01 by $0.03. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The business had revenue of $180.02 million during the quarter, compared to the consensus estimate of $176.83 million. During the same quarter in the prior year, the firm earned $0.03 EPS. The business’s revenue was up 18.3% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. Research analysts predict that Varonis Systems, Inc. will post -1.02 EPS for the current fiscal year.

Key Headlines Impacting Varonis Systems

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

• Positive Sentiment: Multiple analysts raised targets: Susquehanna lifted its target to $55, TD Cowen to $53, and Robert W. Baird to $45, suggesting substantial potential appreciation from recent trading levels. Susquehanna Raises Price Target TD Cowen Raises Price Target Baird Raises Price Target
• Positive Sentiment: D.A. Davidson and Rosenblatt Securities maintained Buy ratings, while Piper Sandler indicated that the stock is expected to rise. Needham also forecast strong price appreciation. D.A. Davidson Buy Rating Rosenblatt Buy Rating
• Positive Sentiment: Varonis recently exceeded quarterly earnings and revenue expectations, reporting $0.04 in EPS versus a $0.01 consensus estimate and revenue of $180.02 million versus $176.83 million. Revenue increased 18.3% year over year, supporting the bullish outlook. Varonis 2026 Q2 Results
• Neutral Sentiment: Citigroup raised its price target from $30 to $45 but retained a Neutral rating. Brokerages overall classify VRNS as a “Moderate Buy,” though analysts remain divided on valuation and upside. Consensus Moderate Buy Rating
• Negative Sentiment: An analyst downgrade prompted a reported 7.3% decline in the shares, highlighting near-term valuation concerns despite the predominantly positive analyst commentary. Barclays also reduced its target to $50, adding to the mixed signals. Analyst Downgrade Barclays Lowers Price Target

Varonis Systems Company Profile

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.