Susquehanna Has Lowered Expectations for Varonis Systems (NASDAQ:VRNS) Stock Price

Varonis Systems (NASDAQ:VRNS) had its price target reduced by Susquehanna from $65.00 to $50.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “positive” rating on the technology company’s stock. Susquehanna’s target price points to a potential upside of 42.86% from the company’s current price.

A number of other equities analysts have also commented on VRNS. Weiss Ratings reissued a “sell (d-)” rating on shares of Varonis Systems in a research note on Wednesday, October 8th. Wells Fargo & Company upgraded Varonis Systems from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $51.00 to $70.00 in a research report on Monday, August 11th. Robert W. Baird increased their target price on Varonis Systems from $58.00 to $63.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. UBS Group increased their target price on Varonis Systems from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Finally, Jefferies Financial Group upgraded shares of Varonis Systems from a “hold” rating to a “buy” rating and increased their price objective for the company from $50.00 to $65.00 in a research report on Thursday, July 24th. Sixteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $60.74.

Varonis Systems Price Performance

Shares of NASDAQ:VRNS opened at $35.00 on Wednesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a fifty day moving average price of $58.16 and a 200 day moving average price of $52.42. Varonis Systems has a fifty-two week low of $32.02 and a fifty-two week high of $63.90. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of -34.31 and a beta of 0.64.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 24.97%. The business had revenue of $161.58 million during the quarter, compared to the consensus estimate of $166.47 million. During the same quarter in the prior year, the firm earned $0.10 EPS. The business’s revenue was up 9.1% on a year-over-year basis. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. As a group, sell-side analysts expect that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Insider Transactions at Varonis Systems

In related news, CFO Guy Melamed sold 1,500 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $59.59, for a total value of $89,385.00. Following the completion of the sale, the chief financial officer directly owned 412,105 shares in the company, valued at $24,557,336.95. This trade represents a 0.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 58,497 shares of company stock valued at $3,405,081 in the last ninety days. 2.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Varonis Systems

Several institutional investors have recently made changes to their positions in VRNS. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Varonis Systems by 43.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,681 shares of the technology company’s stock worth $270,000 after acquiring an additional 2,031 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Varonis Systems by 18.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,465 shares of the technology company’s stock worth $352,000 after acquiring an additional 1,323 shares during the last quarter. Teacher Retirement System of Texas lifted its stake in Varonis Systems by 161.5% in the first quarter. Teacher Retirement System of Texas now owns 16,440 shares of the technology company’s stock worth $665,000 after purchasing an additional 10,152 shares during the last quarter. Moody Aldrich Partners LLC lifted its stake in Varonis Systems by 48.7% in the first quarter. Moody Aldrich Partners LLC now owns 138,137 shares of the technology company’s stock worth $5,588,000 after purchasing an additional 45,240 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Varonis Systems by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 515,939 shares of the technology company’s stock worth $20,870,000 after purchasing an additional 25,512 shares during the last quarter. Institutional investors own 95.65% of the company’s stock.

Varonis Systems Company Profile

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.