Varonis Systems (NASDAQ:VRNS) Receives Market Perform Rating from William Blair

William Blair reaffirmed their market perform rating on shares of Varonis Systems (NASDAQ:VRNS) in a research note released on Monday morning, Marketbeat.com reports.

Other analysts have also issued reports about the stock. Cantor Fitzgerald lowered their price target on shares of Varonis Systems from $50.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Wells Fargo & Company started coverage on Varonis Systems in a report on Tuesday, March 3rd. They set an “overweight” rating and a $28.00 target price on the stock. Truist Financial dropped their price target on Varonis Systems from $42.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Needham & Company LLC cut their price target on Varonis Systems from $55.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Finally, UBS Group set a $50.00 price objective on Varonis Systems in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Varonis Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.15.

Varonis Systems Stock Performance

Shares of VRNS stock opened at $23.72 on Monday. The stock has a fifty day moving average price of $26.87 and a 200 day moving average price of $38.07. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 1.97. The stock has a market cap of $2.79 billion, a PE ratio of -20.81 and a beta of 0.62. Varonis Systems has a 1 year low of $20.06 and a 1 year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.05. Varonis Systems had a negative return on equity of 22.95% and a negative net margin of 20.74%.The company had revenue of $173.37 million for the quarter, compared to analyst estimates of $168.66 million. During the same quarter in the prior year, the company earned $0.18 earnings per share. Varonis Systems’s revenue was up 9.4% compared to the same quarter last year. 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. Sell-side analysts forecast that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Insider Activity at Varonis Systems

In other Varonis Systems news, EVP David Bass bought 2,980 shares of Varonis Systems stock in a transaction that occurred on Monday, February 9th. The shares were purchased at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the completion of the transaction, the executive vice president owned 1,042,924 shares of the company’s stock, valued at $24,477,426.28. This represents a 0.29% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Avrohom J. Kess purchased 17,800 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was acquired at an average cost of $22.29 per share, for a total transaction of $396,762.00. Following the completion of the purchase, the director owned 49,403 shares in the company, valued at $1,101,192.87. The trade was a 56.32% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 25,780 shares of company stock worth $579,403. 2.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Varonis Systems

A number of institutional investors have recently bought and sold shares of the stock. Signaturefd LLC raised its position in Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after purchasing an additional 322 shares during the period. Empowered Funds LLC acquired a new stake in shares of Varonis Systems in the fourth quarter valued at about $37,000. Allworth Financial LP grew its stake in shares of Varonis Systems by 201.3% in the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after buying an additional 463 shares in the last quarter. Neo Ivy Capital Management acquired a new position in Varonis Systems during the 3rd quarter worth approximately $42,000. Finally, First Horizon Corp purchased a new position in Varonis Systems in the 3rd quarter worth approximately $45,000. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

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.