E. Ohman J or Asset Management AB Has $337,000 Position in Varonis Systems, Inc. $VRNS

E. Ohman J or Asset Management AB lessened its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 50.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,700 shares of the technology company’s stock after selling 16,000 shares during the period. E. Ohman J or Asset Management AB’s holdings in Varonis Systems were worth $337,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its holdings in Varonis Systems by 47.8% in the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after acquiring an additional 322 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Varonis Systems during the 4th quarter worth approximately $37,000. Allworth Financial LP grew its holdings 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 worth $40,000 after purchasing an additional 463 shares in the last quarter. Neo Ivy Capital Management bought a new stake in shares of Varonis Systems during the third quarter valued at approximately $42,000. Finally, First Horizon Corp increased its position in shares of Varonis Systems by 121.7% during the fourth 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 period. 95.65% of the stock is owned by institutional investors and hedge funds.

Varonis Systems Price Performance

Varonis Systems stock opened at $32.71 on Tuesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69. The company has a market capitalization of $3.76 billion, a PE ratio of -28.69 and a beta of 0.89. Varonis Systems, Inc. has a one year low of $19.70 and a one year high of $63.90. The business has a 50 day simple moving average of $29.18 and a 200 day simple moving average of $28.54.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $165.52 million. The business’s quarterly 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. On average, sell-side analysts forecast that Varonis Systems, Inc. will post -1.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VRNS. Wells Fargo & Company raised their target price on Varonis Systems from $28.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Barclays boosted their price target on shares of Varonis Systems from $28.00 to $33.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Needham & Company LLC increased their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Wedbush raised their price objective on shares of Varonis Systems from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Finally, UBS Group lifted their target price on shares of Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. One research 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.