Quantinno Capital Management LP Boosts Position in Varonis Systems, Inc. $VRNS

Quantinno Capital Management LP raised its position in Varonis Systems, Inc. (NASDAQ:VRNS) by 59.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,843 shares of the technology company’s stock after acquiring an additional 28,512 shares during the quarter. Quantinno Capital Management LP’s holdings in Varonis Systems were worth $1,650,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new stake in shares of Varonis Systems in the 4th quarter valued at approximately $2,784,000. Vanguard Group Inc. lifted its stake in Varonis Systems by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after purchasing an additional 822,925 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Varonis Systems by 218.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock worth $30,262,000 after purchasing an additional 966,817 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Varonis Systems by 17.1% during the first quarter. Bank of New York Mellon Corp now owns 552,203 shares of the technology company’s stock worth $11,856,000 after purchasing an additional 80,743 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Varonis Systems by 127.2% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 732,189 shares of the technology company’s stock worth $24,016,000 after purchasing an additional 409,966 shares during the period. 95.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on VRNS. Royal Bank Of Canada boosted their target price on shares of Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Susquehanna raised their price target on shares of Varonis Systems from $36.00 to $55.00 and gave the stock a “positive” rating in a research report on Wednesday, July 29th. Weiss Ratings raised shares of Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. boosted their price objective on shares of Varonis Systems from $39.00 to $55.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Finally, New Street Research reiterated a “buy” rating on shares of Varonis Systems in a research note on Wednesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Varonis Systems presently has an average rating of “Moderate Buy” and a consensus target price of $49.05.

Varonis Systems Stock Performance

VRNS opened at $41.93 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.02. The business’s 50 day moving average is $40.73 and its 200-day moving average is $31.15. The stock has a market cap of $4.82 billion, a PE ratio of -34.09 and a beta of 0.83. Varonis Systems, Inc. has a twelve month low of $19.70 and a twelve month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The business had revenue of $180.02 million during the quarter, compared to analyst estimates of $176.83 million. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.03 EPS. 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. On average, analysts predict that Varonis Systems, Inc. will post -0.97 earnings per share for the current 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.