Varonis Systems, Inc. (NASDAQ:VRNS) Given Average Rating of “Moderate Buy” by Brokerages

Varonis Systems, Inc. (NASDAQ:VRNS) has been assigned an average recommendation of “Moderate Buy” from the twenty-three ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $43.15.

Several brokerages have recently weighed in on VRNS. JPMorgan Chase & Co. decreased their target price on shares of Varonis Systems from $50.00 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Wedbush dropped their price target on shares of Varonis Systems from $53.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Truist Financial cut their price target on shares of Varonis Systems from $42.00 to $34.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Needham & Company LLC decreased their price objective on Varonis Systems from $55.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, Stephens assumed coverage on Varonis Systems in a research note on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price objective on the stock.

Varonis Systems Stock Performance

Shares of NASDAQ VRNS opened at $21.83 on Friday. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of -19.15 and a beta of 0.61. Varonis Systems has a one year low of $20.06 and a one year high of $63.90. The business has a fifty day simple moving average of $26.11 and a 200 day simple moving average of $37.61. 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 (NASDAQ:VRNS) last posted 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 net margin of 20.74% and a negative return on equity of 22.95%. The firm had revenue of $173.37 million for the quarter, compared to the consensus estimate of $168.66 million. During the same quarter in the previous year, the company earned $0.18 earnings per share. The business’s revenue 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. Sell-side analysts expect that Varonis Systems will post -0.83 EPS for the current year.

Insider Activity at Varonis Systems

In related news, Director John J. Gavin, Jr. purchased 5,000 shares of the stock in a transaction 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 completion of the transaction, the director directly owned 273,666 shares of the company’s stock, valued at approximately $6,168,431.64. The trade was a 1.86% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Avrohom J. Kess acquired 17,800 shares of the company’s stock in a transaction on Friday, February 6th. The shares were 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 of the company’s stock, valued at approximately $1,101,192.87. This represents a 56.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 25,780 shares of company stock valued at $579,403 in the last 90 days. 2.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Varonis Systems

A number of hedge funds have recently made changes to their positions in VRNS. Signaturefd LLC raised its stake in shares of Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after acquiring an additional 322 shares during the last quarter. Empowered Funds LLC bought a new stake in Varonis Systems during the 4th quarter worth approximately $37,000. Allworth Financial LP increased 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. Neo Ivy Capital Management acquired a new stake in Varonis Systems during the 3rd quarter valued at $42,000. Finally, First Horizon Corp bought a new position in Varonis Systems in the 3rd quarter valued at $45,000. Institutional investors and hedge funds own 95.65% 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.