Axiom Investors LLC DE Cuts Stake in Varonis Systems, Inc. $VRNS

Axiom Investors LLC DE reduced its position in Varonis Systems, Inc. (NASDAQ:VRNS) by 39.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 214,080 shares of the technology company’s stock after selling 137,652 shares during the period. Axiom Investors LLC DE’s holdings in Varonis Systems were worth $7,022,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Varonis Systems by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after purchasing an additional 822,925 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Varonis Systems by 7.9% during the third quarter. First Trust Advisors LP now owns 3,148,243 shares of the technology company’s stock valued at $180,930,000 after buying an additional 230,852 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Varonis Systems by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 2,833,180 shares of the technology company’s stock valued at $92,943,000 after buying an additional 151,961 shares during the last quarter. Clearbridge Investments LLC grew its holdings in shares of Varonis Systems by 12.1% during the fourth quarter. Clearbridge Investments LLC now owns 2,544,180 shares of the technology company’s stock valued at $83,449,000 after buying an additional 273,781 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its holdings in shares of Varonis Systems by 99.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock valued at $71,480,000 after buying an additional 1,084,267 shares during the last quarter. 95.65% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VRNS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Varonis Systems in a report on Monday, May 4th. Citigroup boosted their price objective on shares of Varonis Systems from $28.00 to $30.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Rosenblatt Securities started coverage on shares of Varonis Systems in a report on Tuesday, May 12th. They set a “buy” rating and a $40.00 price objective on the stock. DA Davidson boosted their price objective on shares of Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Varonis Systems from $38.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $41.35.

Varonis Systems Trading Down 1.7%

Shares of Varonis Systems stock opened at $32.48 on Wednesday. The firm has a 50-day simple moving average of $27.19 and a two-hundred day simple moving average of $28.46. The company has a market cap of $3.73 billion, a P/E ratio of -28.49 and a beta of 0.89. Varonis Systems, Inc. has a fifty-two week low of $19.70 and a fifty-two week high of $63.90. 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 (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. The business had revenue of $173.13 million during 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 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. As a group, equities analysts predict that Varonis Systems, Inc. will post -1.04 earnings per share for the current fiscal 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.