Insider Buying: Varonis Systems (NASDAQ:VRNS) Director Buys $396,762.00 in Stock

Varonis Systems, Inc. (NASDAQ:VRNS) Director Avrohom Kess purchased 17,800 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were purchased at an average cost of $22.29 per share, for a total transaction of $396,762.00. Following the completion of the purchase, the director directly owned 49,403 shares in the company, valued at $1,101,192.87. The trade was a 56.32% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Varonis Systems Price Performance

VRNS stock opened at $25.15 on Friday. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of -22.06 and a beta of 0.58. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.76. Varonis Systems, Inc. has a 52-week low of $20.06 and a 52-week high of $63.90. The stock’s fifty day simple moving average is $31.94 and its 200-day simple moving average is $44.49.

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, beating analysts’ consensus estimates of $0.03 by $0.05. The firm had revenue of $173.37 million during the quarter, compared to the consensus estimate of $168.66 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. Varonis Systems’s revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share. 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. Equities research analysts expect that Varonis Systems, Inc. will post -0.83 EPS for the current year.

More Varonis Systems News

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

• Positive Sentiment: Insiders bought stock (EVP David Bass purchased 2,980 shares; John Gavin Jr. bought 5,000 shares), which investors often view as a signal that management sees value at current levels. Read More. Read More..
• Positive Sentiment: DA Davidson published a bullish forecast calling for 15%–20% ARR growth and a margin rebound by 2027, supporting a constructive medium‑term revenue trajectory for Varonis. Read More.
• Neutral Sentiment: Varonis will present at the Morgan Stanley TMT conference (March 5); the event gives management a public forum to address SaaS transition progress and investor questions but is not an immediate financial catalyst. Read More.
• Negative Sentiment: Numerous plaintiff law firms have filed notices or reminders and in some cases formal complaints alleging Varonis misled investors about renewal softness and the company’s ability to convert legacy on‑prem customers to SaaS; Hagens Berman and several others are actively soliciting lead‑plaintiff applicants ahead of a March 9 deadline — this increases legal, financial and reputational risk and is the main driver of today’s negative sentiment. Read More. (multiple similar notices from Kessler Topaz, Pomerantz, Rosen, Faruqi, Gross, Bernstein Liebhard, Levi & Korsinsky, Schall, etc.).

Institutional Investors Weigh In On Varonis Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Varonis Systems in the 2nd quarter valued at about $65,161,000. Pictet Asset Management Holding SA lifted its stake in shares of Varonis Systems by 99.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock worth $71,480,000 after acquiring an additional 1,084,267 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Varonis Systems by 166.7% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock valued at $78,159,000 after purchasing an additional 850,000 shares during the last quarter. Vanguard Group Inc. grew its stake in Varonis Systems by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock valued at $440,119,000 after purchasing an additional 822,925 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in Varonis Systems by 319.8% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 971,544 shares of the technology company’s stock worth $48,606,000 after purchasing an additional 740,114 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on VRNS shares. UBS Group set a $50.00 price target on Varonis Systems in a research note on Monday, January 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Varonis Systems in a report on Wednesday, January 21st. Barclays cut their price target on shares of Varonis Systems from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Monday, January 5th. Wedbush reduced their price target on shares of Varonis Systems from $53.00 to $35.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Finally, Stephens started 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 for the company. Seventeen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.24.

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.