Varonis Systems, Inc. $VRNS Shares Sold by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. lowered its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 17.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 263,169 shares of the technology company’s stock after selling 56,582 shares during the period. BW Gestao de Investimentos Ltda. owned 0.22% of Varonis Systems worth $8,632,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Varonis Systems during the fourth quarter valued at $28,811,000. Eurizon Capital SGR S.p.A. purchased a new position in Varonis Systems during the fourth quarter worth about $1,312,000. Fideuram Asset Management Ireland dac purchased a new position in Varonis Systems during the fourth quarter worth about $2,784,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in Varonis Systems during the fourth quarter worth about $523,000. Finally, Jupiter Asset Management Ltd. purchased a new position in Varonis Systems during the fourth quarter worth about $564,000. Institutional investors and hedge funds own 95.65% of the company’s stock.

Varonis Systems Price Performance

VRNS stock opened at $36.11 on Tuesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.69 and a current ratio of 1.69. Varonis Systems, Inc. has a 1 year low of $19.70 and a 1 year high of $63.90. The firm has a market cap of $4.15 billion, a P/E ratio of -31.68 and a beta of 0.89. The stock has a 50-day simple moving average of $25.85 and a 200-day simple moving average of $28.46.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business had revenue of $173.13 million during the quarter, compared to analyst estimates of $165.52 million. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. 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. On average, equities analysts predict that Varonis Systems, Inc. will post -1.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VRNS has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on Varonis Systems from $38.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Cantor Fitzgerald reduced their target price on Varonis Systems from $50.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Rosenblatt Securities initiated coverage on Varonis Systems in a research report on Tuesday, May 12th. They set a “buy” rating and a $40.00 target price on the stock. Barclays increased their target price on Varonis Systems from $28.00 to $33.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, Stephens increased their target price on Varonis Systems from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Varonis Systems currently has an average rating of “Moderate Buy” and an average price target of $41.35.

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.