Varonis Systems FY2025 EPS Estimate Increased by DA Davidson

Varonis Systems, Inc. (NASDAQ:VRNS) – Stock analysts at DA Davidson boosted their FY2025 earnings estimates for Varonis Systems in a research report issued on Wednesday, July 30th. DA Davidson analyst R. Kessinger now forecasts that the technology company will post earnings of ($0.84) per share for the year, up from their prior forecast of ($0.85). DA Davidson has a “Neutral” rating and a $50.00 price objective on the stock. The consensus estimate for Varonis Systems’ current full-year earnings is ($0.83) per share. DA Davidson also issued estimates for Varonis Systems’ FY2026 earnings at ($0.72) EPS.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, July 29th. The technology company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. The business had revenue of $152.16 million during the quarter, compared to analyst estimates of $147.80 million. Varonis Systems had a negative net margin of 17.30% and a negative return on equity of 23.06%. The company’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.05 EPS.

A number of other analysts have also recently weighed in on VRNS. Wedbush increased their price target on Varonis Systems from $60.00 to $65.00 and gave the stock an “outperform” rating in a research report on Wednesday. Wells Fargo & Company increased their target price on Varonis Systems from $46.00 to $51.00 and gave the stock an “equal weight” rating in a research report on Monday, July 21st. Barclays boosted their price target on shares of Varonis Systems from $60.00 to $62.00 and gave the company an “overweight” rating in a report on Wednesday. JPMorgan Chase & Co. dropped their price objective on shares of Varonis Systems from $55.00 to $45.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Finally, Robert W. Baird boosted their target price on shares of Varonis Systems from $58.00 to $63.00 and gave the company an “outperform” rating in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Varonis Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $57.31.

Varonis Systems Stock Performance

Shares of VRNS stock opened at $54.73 on Friday. The company has a market cap of $6.13 billion, a P/E ratio of -59.49 and a beta of 0.71. The business has a 50 day moving average of $50.76 and a two-hundred day moving average of $45.51. Varonis Systems has a 52 week low of $36.53 and a 52 week high of $60.58. The company has a quick ratio of 1.15, a current ratio of 1.38 and a debt-to-equity ratio of 1.32.

Insider Buying and Selling

In other Varonis Systems news, CFO Guy Melamed sold 51,889 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $55.10, for a total value of $2,859,083.90. Following the completion of the sale, the chief financial officer directly owned 470,602 shares in the company, valued at $25,930,170.20. This represents a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Den Bosch Fred Van sold 3,000 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $55.08, for a total value of $165,240.00. Following the transaction, the director directly owned 128,666 shares of the company’s stock, valued at approximately $7,086,923.28. The trade was a 2.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 60,889 shares of company stock valued at $3,324,324. Company insiders own 2.30% of the company’s stock.

Institutional Trading of Varonis Systems

Several institutional investors have recently modified their holdings of the company. Bessemer Group Inc. grew its holdings in Varonis Systems by 179.1% during the second quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock worth $25,000 after acquiring an additional 317 shares during the period. Quarry LP acquired a new stake in Varonis Systems in the 4th quarter valued at about $36,000. Johnson Financial Group Inc. bought a new position in shares of Varonis Systems during the 4th quarter valued at about $61,000. Transce3nd LLC bought a new position in shares of Varonis Systems during the 4th quarter valued at about $62,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Varonis Systems in the 1st quarter worth approximately $69,000. Institutional investors and hedge funds own 95.65% of the company’s stock.

About Varonis Systems

Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.