Varonis Systems, Inc. $VRNS Shares Sold by CenterBook Partners LP

CenterBook Partners LP lowered its position in Varonis Systems, Inc. (NASDAQ:VRNS) by 70.9% in the third quarter, Holdings Channel.com reports. The firm owned 8,724 shares of the technology company’s stock after selling 21,259 shares during the quarter. CenterBook Partners LP’s holdings in Varonis Systems were worth $501,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Readystate Asset Management LP purchased a new position in shares of Varonis Systems during the 3rd quarter worth approximately $13,731,000. Hodges Capital Management Inc. grew its holdings in Varonis Systems by 146.3% during the third quarter. Hodges Capital Management Inc. now owns 126,450 shares of the technology company’s stock worth $7,267,000 after acquiring an additional 75,120 shares during the period. Vanguard Group Inc. grew its holdings in Varonis Systems by 3.6% during the third quarter. Vanguard Group Inc. now owns 12,595,348 shares of the technology company’s stock worth $723,855,000 after acquiring an additional 436,462 shares during the period. PNC Financial Services Group Inc. raised its position in Varonis Systems by 39.2% in the third quarter. PNC Financial Services Group Inc. now owns 6,378 shares of the technology company’s stock worth $367,000 after acquiring an additional 1,797 shares in the last quarter. Finally, Cookson Peirce & Co. Inc. lifted its holdings in Varonis Systems by 2.7% in the third quarter. Cookson Peirce & Co. Inc. now owns 54,409 shares of the technology company’s stock valued at $3,127,000 after acquiring an additional 1,413 shares during the period. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Insider Activity at Varonis Systems

In other news, EVP David Bass bought 2,980 shares of Varonis Systems stock in a transaction on Monday, February 9th. The shares were bought at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the acquisition, the executive vice president owned 1,042,924 shares in the company, valued at approximately $24,477,426.28. This trade represents a 0.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Avrohom J. Kess purchased 17,800 shares of the firm’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 directly owned 49,403 shares in the company, valued at $1,101,192.87. The trade was a 56.32% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 25,780 shares of company stock valued at $579,403. 2.30% of the stock is owned by insiders.

Varonis Systems News Summary

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

• Neutral Sentiment: Multiple firms are soliciting investors and reminding holders of the March 9, 2026 lead‑plaintiff deadline, increasing press coverage and investor concern. Representative notice: Hagens Berman investor alert. Hagens Berman Investigating Varonis
• Negative Sentiment: At least one complaint (and several investor alerts) alleges Varonis misled investors about “renewal softness” in its Federal vertical and legacy on‑premises business while claiming a de‑risked SaaS transition—claims that, if proven, could lead to damages and increased legal costs. Bronstein, Gewirtz & Grossman Class Action
• Negative Sentiment: Dozens of firm notices (Rosen, Pomerantz, Berger Montague, Glancy, Levi & Korsinsky, Schall, Faruqi, Gross, Bernstein, etc.) signal coordinated litigation activity and potential competing lead‑plaintiff motions — outcomes that can prolong litigation and increase settlement/defense costs. Example notice: Berger Montague investor alert. Berger Montague Investor Alert

Varonis Systems Price Performance

VRNS stock opened at $23.69 on Friday. The stock’s 50 day moving average price is $31.07 and its 200 day moving average price is $43.15. The firm has a market cap of $2.78 billion, a P/E ratio of -20.78 and a beta of 0.58. 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 1 year low of $20.06 and a 1 year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results 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. 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 during the quarter, compared to analysts’ expectations of $168.66 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The business’s revenue for the quarter 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. On average, sell-side analysts expect that Varonis Systems, Inc. will post -0.83 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Piper Sandler raised shares of Varonis Systems from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $45.00 to $47.00 in a research note on Monday, January 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Varonis Systems in a research report on Wednesday, January 21st. Royal Bank Of Canada lowered their target price on shares of Varonis Systems from $60.00 to $41.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Robert W. Baird cut shares of Varonis Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Finally, Barclays decreased their price target on Varonis Systems from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. Sixteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $45.25.

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.