Avrohom Kess Acquires 17,800 Shares of Varonis Systems (NASDAQ:VRNS) Stock

Varonis Systems, Inc. (NASDAQ:VRNS) Director Avrohom Kess bought 17,800 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average price of $22.29 per share, with a total value of $396,762.00. Following the completion of the purchase, the director directly owned 49,403 shares in the company, valued at $1,101,192.87. This represents a 56.32% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Varonis Systems Stock Up 0.1%

Shares of VRNS stock opened at $26.29 on Thursday. Varonis Systems, Inc. has a fifty-two week low of $20.06 and a fifty-two week high of $63.90. 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 firm has a market capitalization of $3.09 billion, a PE ratio of -23.06 and a beta of 0.58. The stock’s 50-day simple moving average is $32.06 and its 200-day simple moving average is $44.63.

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, topping analysts’ consensus estimates of $0.03 by $0.05. The firm had revenue of $173.37 million for 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 quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Equities analysts expect that Varonis Systems, Inc. will post -0.83 earnings per share for the current year.

Key Headlines Impacting Varonis Systems

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

• Positive Sentiment: Multiple insider purchases by senior insiders and directors signal confidence from management — EVP David Bass bought 2,980 shares and directors Avrohom J. Kess and John J. Gavin Jr. made sizable buys in early February. These filings often support near‑term sentiment. Insider Buys
• Positive Sentiment: Analysts reacted favorably to Varonis’s Q4 results and investor call (revenue and EPS beat), driving upgraded commentary and a notable intraday rally earlier in the week — this helped restore buying interest. Varonis Jumps on Upbeat Ratings
• Neutral Sentiment: Q4 results: revenue beat and EPS beat, with FY26 guidance that still implies a bumpy near‑term transition to recurring SaaS revenue. Analysts are asking detailed questions about churn and conversion — useful for modeling but not an immediate binary catalyst. Analyst Questions From Q4 Call
• Neutral Sentiment: Street positioning: most analysts still rate VRNS a buy or overweight despite trimmed price targets; institutional ownership remains high — this can amplify moves but also limits volatility if holders are long‑term. MarketBeat Profile
• Negative Sentiment: A cluster of plaintiff law firms (Hagens Berman, Levi & Korsinsky, Kessler Topaz, Rosen, Bronstein, Bragar and others) have issued notices and filed or solicited lead‑plaintiff applicants in a securities class action alleging Varonis misled investors about converting on‑prem customers to SaaS. The litigation and March 9 lead‑plaintiff deadline introduce potential settlement costs, distraction and share‑price pressure. Hagens Berman Investor Alert
• Negative Sentiment: Multiple additional law‑firm notices and class‑action solicitations (Levi & Korsinsky, Gross Law, Rosen, Kessler Topaz, Bernstein Liebhard, etc.) reinforce litigation risk and may keep downward pressure on sentiment until legal exposure is clarified. Levi & Korsinsky Notice

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VRNS. Bessemer Group Inc. grew its holdings in Varonis Systems by 179.1% in the 2nd quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock valued at $25,000 after buying an additional 317 shares during the period. Signaturefd LLC boosted its position in shares of Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after buying an additional 322 shares during the period. Empowered Funds LLC acquired a new stake in Varonis Systems in the fourth quarter valued at approximately $37,000. Allworth Financial LP grew its holdings in Varonis Systems by 201.3% during the 3rd quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after purchasing an additional 463 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of Varonis Systems during the third quarter worth about $42,000. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on VRNS. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Varonis Systems in a research note on Wednesday, January 21st. Stephens began coverage on shares of Varonis Systems in a research note on Tuesday, December 30th. They set an “equal weight” rating and a $40.00 target price for the company. Cantor Fitzgerald decreased their price target on shares of Varonis Systems from $50.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Robert W. Baird downgraded Varonis Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Finally, TD Cowen increased their price target on shares of Varonis Systems from $62.00 to $68.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Seventeen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $45.24.

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.