Varonis Systems (NASDAQ:VRNS) Price Target Raised to $50.00

Varonis Systems (NASDAQ:VRNS) had its target price hoisted by DA Davidson from $47.00 to $50.00 in a research note published on Wednesday,Benzinga reports. They currently have a neutral rating on the technology company’s stock. DA Davidson also issued estimates for Varonis Systems’ Q3 2025 earnings at ($0.17) EPS, FY2025 earnings at ($0.84) EPS and FY2026 earnings at ($0.72) EPS.

Several other research analysts also recently weighed in on VRNS. Wells Fargo & Company upped their target price on shares of Varonis Systems from $46.00 to $51.00 and gave the stock an “equal weight” rating in a report on Monday, July 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $60.00 price objective on shares of Varonis Systems in a research report on Tuesday, July 22nd. Morgan Stanley dropped their price objective on Varonis Systems from $54.00 to $46.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. Jefferies Financial Group upgraded Varonis Systems from a “hold” rating to a “buy” rating and increased their target price for the stock from $50.00 to $65.00 in a research report on Thursday, July 24th. Finally, Robert W. Baird boosted their price target on Varonis Systems from $55.00 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, Varonis Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $57.31.

Varonis Systems Trading Down 2.0%

NASDAQ:VRNS opened at $54.73 on Wednesday. The company has a market cap of $6.13 billion, a PE ratio of -59.49 and a beta of 0.71. The company has a current ratio of 1.38, a quick ratio of 1.15 and a debt-to-equity ratio of 1.32. The company has a 50 day simple moving average of $50.76 and a two-hundred day simple moving average of $45.51. Varonis Systems has a 12 month low of $36.53 and a 12 month high of $60.58.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, July 29th. The technology company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. Varonis Systems had a negative net margin of 17.30% and a negative return on equity of 23.06%. The firm had revenue of $152.16 million for the quarter, compared to analysts’ expectations of $147.80 million. During the same quarter in the prior year, the business earned $0.05 EPS. The business’s quarterly revenue was up 16.7% on a year-over-year basis. Research analysts forecast that Varonis Systems will post -0.83 earnings per share for the current year.

Insider Buying and Selling

In other 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 transaction of $2,859,083.90. Following the sale, the chief financial officer directly owned 470,602 shares of the company’s stock, valued at $25,930,170.20. This represents a 9.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Den Bosch Fred Van sold 3,000 shares of the stock in a transaction that occurred 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 owned 128,666 shares of the company’s stock, valued at $7,086,923.28. This represents a 2.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 60,889 shares of company stock worth $3,324,324. Corporate insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Varonis Systems

Several institutional investors have recently bought and sold shares of VRNS. Norges Bank bought a new stake in shares of Varonis Systems in the 4th quarter worth about $56,561,000. New Age Alpha Advisors LLC bought a new position in shares of Varonis Systems in the 4th quarter valued at about $70,000. Arrowstreet Capital Limited Partnership grew its position in Varonis Systems by 28.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 369,317 shares of the technology company’s stock worth $16,409,000 after acquiring an additional 81,343 shares in the last quarter. Alliancebernstein L.P. increased its stake in Varonis Systems by 1.0% during the fourth quarter. Alliancebernstein L.P. now owns 138,977 shares of the technology company’s stock worth $6,175,000 after acquiring an additional 1,381 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG increased its stake in Varonis Systems by 43.7% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 47,609 shares of the technology company’s stock worth $2,115,000 after acquiring an additional 14,471 shares during the last quarter. Institutional investors 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.