Varonis Systems, Inc. $VRNS Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its holdings in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 99.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,664 shares of the technology company’s stock after selling 1,632,687 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Varonis Systems were worth $438,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VRNS. Dynamic Technology Lab Private Ltd acquired a new position in shares of Varonis Systems during the first quarter worth approximately $233,000. Caxton Associates LLP acquired a new position in shares of Varonis Systems during the first quarter worth approximately $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Varonis Systems by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 619,257 shares of the technology company’s stock worth $25,049,000 after buying an additional 64,636 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Varonis Systems by 2.8% during the second quarter. Russell Investments Group Ltd. now owns 22,811 shares of the technology company’s stock worth $1,158,000 after buying an additional 628 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Varonis Systems by 8.6% during the second quarter. Invesco Ltd. now owns 96,536 shares of the technology company’s stock worth $4,899,000 after buying an additional 7,618 shares during the period. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Varonis Systems Price Performance

Shares of NASDAQ:VRNS opened at $20.19 on Friday. The stock has a fifty day moving average of $23.63 and a 200-day moving average of $34.75. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 1.97. Varonis Systems, Inc. has a one year low of $19.70 and a one year high of $63.90. The company has a market capitalization of $2.37 billion, a PE ratio of -17.71 and a beta of 0.68.

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

Insider Buying and Selling at Varonis Systems

In other news, Director John J. Gavin, Jr. bought 5,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were bought at an average cost of $22.54 per share, with a total value of $112,700.00. Following the purchase, the director directly owned 273,666 shares in the company, valued at $6,168,431.64. This trade represents a 1.86% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Avrohom J. Kess bought 17,800 shares of the business’s stock in a transaction on Friday, February 6th. The shares were purchased 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 approximately $1,101,192.87. This trade represents a 56.32% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 25,780 shares of company stock valued at $579,403 in the last three months. 2.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

VRNS has been the subject of several analyst reports. Wedbush reduced their price objective on Varonis Systems from $53.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Citigroup cut their target price on Varonis Systems from $37.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Morgan Stanley restated an “equal weight” rating and issued a $41.00 target price (down from $44.00) on shares of Varonis Systems in a research report on Monday, January 26th. UBS Group set a $50.00 target price on Varonis Systems in a research report on Monday, January 26th. Finally, Needham & Company LLC cut their target price on Varonis Systems from $55.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $42.79.

Varonis Systems 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.