Eurizon Capital SGR S.p.A. Makes New Investment in Varonis Systems, Inc. $VRNS

Eurizon Capital SGR S.p.A. bought a new position in Varonis Systems, Inc. (NASDAQ:VRNS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 40,006 shares of the technology company’s stock, valued at approximately $1,312,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Signaturefd LLC increased its position in shares of Varonis Systems by 47.8% during the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after purchasing an additional 322 shares during the last quarter. Allworth Financial LP increased its position in shares of 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 during the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Varonis Systems during the 3rd quarter valued at about $42,000. Westside Investment Management Inc. increased its position in shares of Varonis Systems by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 844 shares of the technology company’s stock valued at $49,000 after purchasing an additional 422 shares during the last quarter. Finally, First Horizon Corp increased its position in shares of Varonis Systems by 121.7% during the 4th quarter. First Horizon Corp now owns 1,740 shares of the technology company’s stock valued at $57,000 after purchasing an additional 955 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Analyst Upgrades and Downgrades

VRNS has been the subject of several research reports. Truist Financial reduced 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 report on Wednesday, February 4th. William Blair reaffirmed a “market perform” rating on shares of Varonis Systems in a research report on Monday, March 23rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Varonis Systems in a research report on Monday, May 4th. Susquehanna upped their price target on shares of Varonis Systems from $30.00 to $36.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Finally, Cantor Fitzgerald reduced 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. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.35.

Varonis Systems Trading Down 0.6%

Varonis Systems stock opened at $35.88 on Wednesday. The firm has a 50 day moving average of $25.85 and a 200 day moving average of $28.46. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of -31.47 and a beta of 0.89. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00.

Varonis Systems (NASDAQ:VRNS) last released its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.11. The company had revenue of $173.13 million during the quarter, compared to analyst estimates of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The firm’s quarterly revenue was up 26.9% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. As a group, research analysts predict that Varonis Systems, Inc. will post -1.04 earnings per share for the current year.

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.