Varonis Systems, Inc. $VRNS Shares Purchased by Clearbridge Investments LLC

Clearbridge Investments LLC increased its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,544,180 shares of the technology company’s stock after acquiring an additional 273,781 shares during the quarter. Clearbridge Investments LLC owned about 2.17% of Varonis Systems worth $83,449,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC grew its position in Varonis Systems by 47.8% during the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after purchasing an additional 322 shares during the last quarter. Allworth Financial LP grew its position in Varonis Systems by 201.3% during the 3rd quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock worth $40,000 after purchasing an additional 463 shares during the last quarter. Neo Ivy Capital Management purchased a new position in Varonis Systems during the 3rd quarter worth $42,000. First Horizon Corp grew its position in Varonis Systems by 121.7% during the 4th quarter. First Horizon Corp now owns 1,740 shares of the technology company’s stock worth $57,000 after purchasing an additional 955 shares during the last quarter. Finally, CI Investments Inc. grew its position in Varonis Systems by 48.5% during the 3rd quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock worth $60,000 after purchasing an additional 343 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on VRNS shares. JPMorgan Chase & Co. raised their price objective on shares of Varonis Systems from $38.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. KeyCorp started coverage on shares of Varonis Systems in a research report on Tuesday, May 26th. They set a “sector weight” rating on the stock. Susquehanna raised their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada raised their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, Stephens raised their price objective on shares of 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 given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $41.35.

Varonis Systems Stock Up 1.1%

Shares of NASDAQ:VRNS opened at $33.04 on Tuesday. The company has a market cap of $3.79 billion, a price-to-earnings ratio of -28.98 and a beta of 0.89. The firm’s 50-day simple moving average is $26.97 and its 200-day simple moving average is $28.45. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. Varonis Systems, Inc. has a fifty-two week low of $19.70 and a fifty-two week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.11. The business had revenue of $173.13 million for the quarter, compared to the consensus estimate of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The company’s revenue 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. As a group, equities research analysts predict that Varonis Systems, Inc. will post -1.04 earnings per share for the current year.

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.