Varonis Systems, Inc. $VRNS Shares Acquired by Hodges Capital Management Inc.

Hodges Capital Management Inc. increased its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 146.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 126,450 shares of the technology company’s stock after purchasing an additional 75,120 shares during the period. Hodges Capital Management Inc. owned 0.11% of Varonis Systems worth $7,267,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new stake in Varonis Systems during the 2nd quarter worth approximately $65,161,000. Allspring Global Investments Holdings LLC boosted its stake in shares of Varonis Systems by 69.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,646,351 shares of the technology company’s stock worth $95,192,000 after acquiring an additional 674,807 shares during the last quarter. AustralianSuper Pty Ltd purchased a new stake in shares of Varonis Systems during the second quarter worth approximately $23,582,000. Greenvale Capital LLP acquired a new position in Varonis Systems in the 2nd quarter valued at $22,838,000. Finally, Vanguard Group Inc. raised its stake in Varonis Systems by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 12,595,348 shares of the technology company’s stock valued at $723,855,000 after purchasing an additional 436,462 shares during the last quarter. 95.65% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Varonis Systems

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

• Positive Sentiment: Varonis co‑founder bought additional shares, acquiring ~4.9% more stock — an insider purchase that can be interpreted as management confidence in the company’s outlook. Varonis Systems Co-Founder Acquires 4.9% More Stock
• Neutral Sentiment: Multiple law firms are reminding investors of the March 9, 2026 lead‑plaintiff deadline for a securities class action covering purchases from Feb 4, 2025 through Oct 28, 2025 — a timing note that concentrates litigation activity into the near term. VRNS FINAL DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Varonis Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – VRNS
• Negative Sentiment: Hagens Berman says it’s investigating allegations that Varonis concealed renewal softness in its Federal vertical and overstated the stability of its SaaS transition — these specific disclosure allegations raise the prospect of material liability or reputational harm. VRNS Federal Sector Collapse: Hagens Berman Investigating Varonis (VRNS) Over Alleged SaaS Transition Failure and Undisclosed Renewal Softness in Securities Class Action
• Negative Sentiment: Several plaintiff firms (Pomerantz, Faruqi, Kessler Topaz, Bernstein Liebhard, et al.) have filed or announced investigations and solicitations — the proliferation of firms increases legal costs, distraction for management, and potential for larger aggregate claims or settlements. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Varonis Systems, Inc of Class Action Lawsuit and Upcoming Deadlines – VRNS

Wall Street Analysts Forecast Growth

A number of research firms have commented on VRNS. Stephens assumed coverage on shares of Varonis Systems in a report on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price objective for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Varonis Systems in a research report on Wednesday, January 21st. Susquehanna cut their price target on Varonis Systems from $65.00 to $50.00 and set a “positive” rating for the company in a report on Wednesday, October 29th. Citigroup reduced their price objective on Varonis Systems from $37.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Finally, Truist Financial dropped their target price on Varonis Systems from $42.00 to $34.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Sixteen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $45.25.

Varonis Systems Stock Down 0.2%

Shares of NASDAQ:VRNS opened at $25.32 on Wednesday. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of -22.21 and a beta of 0.58. Varonis Systems, Inc. has a 12-month low of $20.06 and a 12-month high of $63.90. The business has a 50-day moving average price of $31.57 and a 200 day moving average price of $43.71. 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 (NASDAQ:VRNS) last posted its earnings results on Tuesday, February 3rd. The technology company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. The company had revenue of $173.37 million for the quarter, compared to analysts’ expectations of $168.66 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. Varonis Systems’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Sell-side analysts expect that Varonis Systems, Inc. will post -0.83 EPS for the current year.

Insider Buying and Selling at Varonis Systems

In other news, EVP David Bass bought 2,980 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were purchased at an average price of $23.47 per share, with a total value of $69,940.60. Following the purchase, the executive vice president owned 1,042,924 shares in the company, valued at approximately $24,477,426.28. The trade was a 0.29% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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 price of $22.29 per share, with a total value of $396,762.00. Following the completion of the acquisition, the director directly owned 49,403 shares in the company, valued at $1,101,192.87. This trade represents a 56.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 25,780 shares of company stock valued at $579,403 over the last quarter. 2.30% of the stock is owned by company insiders.

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.