25,876 Shares in Varonis Systems, Inc. $VRNS Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new position in Varonis Systems, Inc. (NASDAQ:VRNS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 25,876 shares of the technology company’s stock, valued at approximately $1,086,000.

Several other institutional investors also recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its position in shares of Varonis Systems by 161.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,360 shares of the technology company’s stock valued at $29,000 after acquiring an additional 839 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Varonis Systems in the 4th quarter worth $37,000. Fifth Third Bancorp raised its position in shares of Varonis Systems by 10,694.1% during the first quarter. Fifth Third Bancorp now owns 1,835 shares of the technology company’s stock worth $39,000 after purchasing an additional 1,818 shares during the period. Essential Partners LLC raised its position in shares of Varonis Systems by 72.5% during the first quarter. Essential Partners LLC now owns 2,054 shares of the technology company’s stock worth $44,000 after purchasing an additional 863 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Varonis Systems during the second quarter valued at $55,000. Institutional investors own 95.65% of the company’s stock.

Varonis Systems Stock Performance

Shares of VRNS stock opened at $40.82 on Wednesday. Varonis Systems, Inc. has a 1-year low of $19.70 and a 1-year high of $63.90. 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 company has a market capitalization of $4.69 billion, a price-to-earnings ratio of -33.19 and a beta of 0.83. The stock’s fifty day simple moving average is $42.43 and its 200-day simple moving average is $31.90.

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

Analysts Set New Price Targets

VRNS has been the topic of a number of analyst reports. Truist Financial lifted their price target on Varonis Systems from $34.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Wells Fargo & Company upped their price objective on shares of Varonis Systems from $35.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. JPMorgan Chase & Co. raised their target price on shares of Varonis Systems from $39.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. TD Cowen lifted their target price on shares of Varonis Systems from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Rosenblatt Securities restated a “buy” rating and set a $55.00 price target on shares of Varonis Systems in a report on Wednesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.05.

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.