BW Gestao de Investimentos Ltda. Purchases Shares of 319,751 Varonis Systems, Inc. $VRNS

BW Gestao de Investimentos Ltda. acquired a new stake in Varonis Systems, Inc. (NASDAQ:VRNS) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 319,751 shares of the technology company’s stock, valued at approximately $18,376,000. Varonis Systems comprises approximately 0.8% of BW Gestao de Investimentos Ltda.’s investment portfolio, making the stock its 25th largest position. BW Gestao de Investimentos Ltda. owned 0.27% of Varonis Systems at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Stephens Inc. AR grew its stake in Varonis Systems by 1.9% in the 3rd quarter. Stephens Inc. AR now owns 9,105 shares of the technology company’s stock valued at $523,000 after buying an additional 171 shares during the last quarter. Inspire Investing LLC grew its position in shares of Varonis Systems by 2.9% in the third quarter. Inspire Investing LLC now owns 7,878 shares of the technology company’s stock valued at $453,000 after purchasing an additional 222 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Varonis Systems by 0.9% during the third quarter. Arizona State Retirement System now owns 33,114 shares of the technology company’s stock worth $1,903,000 after purchasing an additional 287 shares during the period. Savant Capital LLC boosted its stake in Varonis Systems by 1.7% in the 3rd quarter. Savant Capital LLC now owns 20,016 shares of the technology company’s stock valued at $1,150,000 after purchasing an additional 339 shares during the period. Finally, CI Investments Inc. grew its holdings in Varonis Systems by 48.5% in the 3rd quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock valued at $60,000 after buying an additional 343 shares in the last quarter. 95.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on VRNS. B. Riley Financial cut their price objective on Varonis Systems from $58.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Piper Sandler upgraded Varonis Systems from a “neutral” rating to an “overweight” rating and increased their target price for the company from $45.00 to $47.00 in a research report on Monday, January 5th. Wedbush cut their price target on Varonis Systems from $53.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. JPMorgan Chase & Co. reduced their price target on Varonis Systems from $50.00 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, Wells Fargo & Company assumed coverage on Varonis Systems in a research note on Tuesday, March 3rd. They issued an “overweight” rating and a $28.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Varonis Systems presently has an average rating of “Moderate Buy” and an average price target of $43.15.

Varonis Systems Trading Down 0.2%

Shares of VRNS stock opened at $24.34 on Tuesday. Varonis Systems, Inc. has a 1-year low of $20.06 and a 1-year high of $63.90. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.76. The stock has a market cap of $2.86 billion, a price-to-earnings ratio of -21.35 and a beta of 0.62. The stock has a 50-day moving average of $28.82 and a 200-day moving average of $40.45.

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

Insider Activity

In other news, Director John J. Gavin, Jr. acquired 5,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was bought at an average cost of $22.54 per share, for a total transaction of $112,700.00. Following the completion of the transaction, the director directly owned 273,666 shares in the company, valued at $6,168,431.64. This represents a 1.86% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Avrohom J. Kess bought 17,800 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were purchased at an average cost of $22.29 per share, with a total value of $396,762.00. Following the purchase, the director directly owned 49,403 shares of the company’s stock, valued at $1,101,192.87. The trade was a 56.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 25,780 shares of company stock valued at $579,403. 2.30% of the stock is currently owned by insiders.

Varonis Systems Company Profile

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.