Varonis Systems, Inc. (NASDAQ:VRNS) Given Consensus Rating of “Moderate Buy” by Analysts

Varonis Systems, Inc. (NASDAQ:VRNS) has been given an average recommendation of “Moderate Buy” by the twenty-two ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $42.7895.

VRNS has been the subject of a number of analyst reports. Royal Bank Of Canada reduced their price objective on Varonis Systems from $60.00 to $41.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Citigroup cut their target price on Varonis Systems from $37.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Stephens started coverage on Varonis Systems in a report on Tuesday, December 30th. They set an “equal weight” rating and a $40.00 price target for the company. B. Riley Financial lowered their price target on Varonis Systems from $58.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, Cantor Fitzgerald dropped their price target on shares of Varonis Systems from $50.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th.

Insider Transactions at Varonis Systems

In other news, Director Avrohom J. Kess acquired 17,800 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average cost of $22.29 per share, for a total transaction of $396,762.00. Following the acquisition, the director directly owned 49,403 shares in the company, valued at approximately $1,101,192.87. The trade was a 56.32% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP David Bass acquired 2,980 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was acquired at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the completion of the transaction, the executive vice president directly owned 1,042,924 shares in the company, valued at $24,477,426.28. This represents a 0.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 25,780 shares of company stock worth $579,403. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VRNS. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Varonis Systems during the fourth quarter valued at $48,263,000. Norges Bank purchased a new position in Varonis Systems in the 2nd quarter worth about $65,161,000. First Trust Advisors LP lifted its stake in 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 acquiring an additional 1,279,002 shares during the period. Pictet Asset Management Holding SA lifted its stake in Varonis Systems by 99.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock valued at $71,480,000 after acquiring an additional 1,084,267 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Varonis Systems by 166.7% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock valued at $78,159,000 after acquiring an additional 850,000 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems Stock Performance

Shares of NASDAQ VRNS opened at $22.53 on Friday. Varonis Systems has a 1 year low of $20.06 and a 1 year high of $63.90. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a 50-day moving average of $24.93 and a 200 day moving average of $36.38. The stock has a market cap of $2.65 billion, a P/E ratio of -19.76 and a beta of 0.68.

Varonis Systems (NASDAQ:VRNS) last announced 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 net margin of 20.74% and a negative return on equity of 22.95%. The business had revenue of $173.37 million during the quarter, compared to the consensus estimate of $168.66 million. During the same quarter last year, the firm earned $0.18 earnings per share. The business’s revenue for the quarter 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, sell-side analysts expect that Varonis Systems will post -0.83 EPS for the current fiscal year.

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.