Varonis Systems, Inc. $VRNS Position Boosted by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in Varonis Systems, Inc. (NASDAQ:VRNS) by 126.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 328,802 shares of the technology company’s stock after purchasing an additional 183,788 shares during the period. SG Americas Securities LLC owned about 0.28% of Varonis Systems worth $7,059,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC raised its holdings in shares of Varonis Systems by 47.8% during the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after acquiring an additional 322 shares in the last quarter. Empowered Funds LLC purchased a new position in Varonis Systems in the fourth quarter valued at about $37,000. Allworth Financial LP increased its position in Varonis Systems by 201.3% in 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 acquired a new position in Varonis Systems in the 3rd quarter worth about $42,000. Finally, First Horizon Corp raised its stake 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 worth $57,000 after purchasing an additional 955 shares in the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems Stock Performance

VRNS opened at $40.30 on Friday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. The stock’s 50 day moving average price is $30.46 and its two-hundred day moving average price is $28.74. The firm has a market capitalization of $4.63 billion, a P/E ratio of -35.35 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.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data 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 company had revenue of $173.13 million during the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.Varonis Systems’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. On average, equities analysts forecast that Varonis Systems, Inc. will post -1.04 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Varonis Systems from $28.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Stephens upgraded Varonis Systems from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $33.00 to $45.00 in a report on Wednesday. KeyCorp began coverage on shares of Varonis Systems in a research report on Tuesday, May 26th. They set a “sector weight” rating on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Varonis Systems in a research report on Monday, May 4th. Finally, UBS Group increased their price objective on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $42.15.

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.