Varonis Systems, Inc. $VRNS Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. boosted its holdings in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 63.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 270,606 shares of the technology company’s stock after buying an additional 105,378 shares during the quarter. Assenagon Asset Management S.A. owned 0.23% of Varonis Systems worth $8,876,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Varonis Systems in the 2nd quarter valued at about $65,161,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in Varonis Systems by 166.7% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock worth $78,159,000 after acquiring an additional 850,000 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Varonis Systems by 69.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,646,351 shares of the technology company’s stock valued at $95,192,000 after purchasing an additional 674,807 shares during the last quarter. Atreides Management LP acquired a new stake in shares of Varonis Systems in the 3rd quarter valued at $37,839,000. Finally, Greenvale Capital LLP acquired a new stake in shares of Varonis Systems in the 2nd quarter valued at $22,838,000. 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. Royal Bank Of Canada cut their target price on Varonis Systems from $60.00 to $41.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Citigroup reduced their price objective on shares of Varonis Systems from $37.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. William Blair restated a “market perform” rating on shares of Varonis Systems in a report on Monday, March 23rd. Morgan Stanley reiterated an “equal weight” rating and set a $41.00 price target (down from $44.00) on shares of Varonis Systems in a research note on Monday, January 26th. Finally, Wells Fargo & Company assumed coverage on shares of 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, fourteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $42.79.

Varonis Systems Price Performance

VRNS stock opened at $21.21 on Friday. The firm has a 50 day moving average of $25.86 and a 200-day moving average of $37.36. The company has a market cap of $2.49 billion, a price-to-earnings ratio of -18.61 and a beta of 0.61. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.76. Varonis Systems, Inc. has a 12-month low of $20.06 and a 12-month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data 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. The firm had revenue of $173.37 million during the quarter, compared to the consensus estimate of $168.66 million. Varonis Systems had a negative return on equity of 22.95% and a negative net margin of 20.74%.Varonis Systems’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS. 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. As a group, equities analysts expect that Varonis Systems, Inc. will post -0.83 EPS for the current fiscal year.

Insider Buying and Selling at Varonis Systems

In other news, EVP David Bass acquired 2,980 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was acquired at an average price of $23.47 per share, with a total value of $69,940.60. Following the completion of the transaction, the executive vice president directly owned 1,042,924 shares in the company, valued at approximately $24,477,426.28. This represents a 0.29% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John J. Gavin, Jr. acquired 5,000 shares of Varonis Systems stock in a transaction that occurred 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 purchase, the director directly owned 273,666 shares of the company’s stock, valued at approximately $6,168,431.64. This trade represents a 1.86% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 25,780 shares of company stock worth $579,403. Corporate insiders own 2.30% of the company’s stock.

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.