Hillsdale Investment Management Inc. Takes Position in Varonis Systems, Inc. $VRNS

Hillsdale Investment Management Inc. bought a new position in shares of Varonis Systems, Inc. (NASDAQ:VRNS) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 74,700 shares of the technology company’s stock, valued at approximately $4,293,000. Hillsdale Investment Management Inc. owned 0.06% of Varonis Systems as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Raiffeisen Bank International AG purchased a new stake in Varonis Systems during the third quarter worth approximately $7,116,000. Y.D. More Investments Ltd lifted its holdings in shares of Varonis Systems by 2.6% during the 3rd quarter. Y.D. More Investments Ltd now owns 39,527 shares of the technology company’s stock valued at $2,290,000 after acquiring an additional 995 shares in the last quarter. Compass Wealth Management LLC boosted its position in Varonis Systems by 1.3% during the 3rd quarter. Compass Wealth Management LLC now owns 95,093 shares of the technology company’s stock worth $5,465,000 after purchasing an additional 1,175 shares during the period. Readystate Asset Management LP acquired a new stake in Varonis Systems in the 3rd quarter valued at $13,731,000. Finally, Hodges Capital Management Inc. increased its holdings in Varonis Systems by 146.3% in the 3rd quarter. Hodges Capital Management Inc. now owns 126,450 shares of the technology company’s stock valued at $7,267,000 after purchasing an additional 75,120 shares in 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 recently weighed in on the company. Piper Sandler raised Varonis Systems from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $45.00 to $47.00 in a research report on Monday, January 5th. Wedbush reduced their price target on Varonis Systems from $53.00 to $35.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. 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. JPMorgan Chase & Co. dropped their price objective on shares of Varonis Systems from $50.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Varonis Systems in a research report on Wednesday, January 21st. Sixteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Varonis Systems currently has an average rating of “Moderate Buy” and an average target price of $45.25.

Key Varonis Systems News

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

• Neutral Sentiment: Multiple firms are soliciting investors and reminding holders of the March 9, 2026 lead‑plaintiff deadline, increasing press coverage and investor concern. Representative notice: Hagens Berman investor alert. Hagens Berman Investigating Varonis
• Negative Sentiment: At least one complaint (and several investor alerts) alleges Varonis misled investors about “renewal softness” in its Federal vertical and legacy on‑premises business while claiming a de‑risked SaaS transition—claims that, if proven, could lead to damages and increased legal costs. Bronstein, Gewirtz & Grossman Class Action
• Negative Sentiment: Dozens of firm notices (Rosen, Pomerantz, Berger Montague, Glancy, Levi & Korsinsky, Schall, Faruqi, Gross, Bernstein, etc.) signal coordinated litigation activity and potential competing lead‑plaintiff motions — outcomes that can prolong litigation and increase settlement/defense costs. Example notice: Berger Montague investor alert. Berger Montague Investor Alert

Varonis Systems Stock Performance

Shares of VRNS opened at $23.69 on Monday. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of -20.78 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. The business’s 50 day moving average is $31.07 and its two-hundred day moving average is $43.06. Varonis Systems, Inc. has a 52-week low of $20.06 and a 52-week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. The business had revenue of $173.37 million during the quarter, compared to analyst estimates of $168.66 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The business’s revenue was up 9.4% compared to the same quarter last year. During the same quarter 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. Analysts forecast that Varonis Systems, Inc. will post -0.83 EPS for the current fiscal year.

Insider Transactions at Varonis Systems

In other news, Director Avrohom J. Kess acquired 17,800 shares of the business’s stock in a transaction on Friday, February 6th. The shares were purchased at an average price 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 of the company’s stock, valued at $1,101,192.87. This represents a 56.32% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John J. Gavin, Jr. bought 5,000 shares of Varonis Systems stock in a transaction on Friday, February 6th. The shares were purchased at an average cost of $22.54 per share, for a total transaction of $112,700.00. Following the acquisition, the director owned 273,666 shares in the company, valued at $6,168,431.64. The trade was a 1.86% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 25,780 shares of company stock valued at $579,403. Insiders own 2.30% of the company’s stock.

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.