Varonis Systems, Inc. $VRNS Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. decreased its holdings in Varonis Systems, Inc. (NASDAQ:VRNS) by 73.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,080 shares of the technology company’s stock after selling 199,526 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.06% of Varonis Systems worth $1,526,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VRNS. Jacobs Levy Equity Management Inc. acquired a new position in shares of Varonis Systems in the 4th quarter valued at approximately $48,263,000. First Trust Advisors LP lifted its position in shares of Varonis Systems by 40.6% during the fourth quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock worth $145,214,000 after purchasing an additional 1,279,002 shares during the last quarter. Pictet Asset Management Holding SA lifted its position 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 worth $71,480,000 after purchasing an additional 1,084,267 shares during the last quarter. Norges Bank acquired a new position in Varonis Systems in the fourth quarter worth about $28,811,000. Finally, Vanguard Group Inc. grew its stake 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 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 $41.89 on Thursday. The business’s 50 day moving average is $31.49 and its 200-day moving average is $28.90. The stock has a market cap of $4.81 billion, a PE ratio of -36.75 and a beta of 0.83. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. Varonis Systems, Inc. has a twelve month low of $19.70 and a twelve month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) 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 analyst estimates 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 revenue for the quarter 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, analysts predict that Varonis Systems, Inc. will post -1.04 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on VRNS. Royal Bank Of Canada lifted their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Rosenblatt Securities began coverage on shares of Varonis Systems in a report on Tuesday, May 12th. They set a “buy” rating and a $40.00 target price on the stock. JPMorgan Chase & Co. raised their price target 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. UBS Group lifted their price target 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, Wells Fargo & Company increased their price objective on shares of Varonis Systems from $28.00 to $35.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.15.

Varonis Systems Company 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.