44,484 Shares in Versant Corporation $VSNT Purchased by Empowered Funds LLC

Key Points

• Empowered Funds LLC purchased 44,484 Versant shares during the first quarter, valued at approximately $1.63 million. Several other institutional investors also initiated positions.
• Versant reported second-quarter adjusted EPS of $1.49, topping the $1.39 consensus, while revenue reached $1.64 billion. Management raised its fiscal 2026 revenue forecast to $6.2 billion–$6.5 billion, citing growth in digital platforms and advertising.
• Analyst sentiment remains broadly neutral, with an average “Hold” rating and a $43.20 price target versus the stock’s recent $38.67 price. Growth in digital businesses is helping offset continued weakness in traditional pay-TV distribution.

Empowered Funds LLC bought a new stake in shares of Versant Corporation (NASDAQ:VSNT - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 44,484 shares of the company's stock, valued at approximately $1,630,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VSNT. Citizens National Bank Trust Department purchased a new stake in Versant in the 1st quarter worth approximately $26,000. Root Financial Partners LLC purchased a new position in shares of Versant during the 1st quarter valued at $28,000. Parallel Advisors LLC purchased a new position in shares of Versant during the 1st quarter valued at $32,000. Advocate Investing Services LLC bought a new position in shares of Versant in the first quarter worth $33,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Versant in the 1st quarter valued at about $35,000.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on VSNT shares. JPMorgan Chase & Co. assumed coverage on Versant in a research report on Tuesday, May 12th. They set a "neutral" rating and a $43.00 price objective on the stock. Zacks Research upgraded shares of Versant from a "hold" rating to a "strong-buy" rating in a report on Friday, July 17th. Seaport Research Partners reaffirmed a "buy" rating and set a $46.00 target price on shares of Versant in a research note on Monday, May 18th. Weiss Ratings upgraded Versant from a "sell (d+)" rating to a "hold (c)" rating in a research note on Thursday, May 21st. Finally, Arete Research raised shares of Versant from a "sell" rating to a "neutral" rating and set a $40.00 price objective for the company in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $43.20.

Versant News Roundup

Here are the key news stories impacting Versant this week:

• Positive Sentiment: Versant raised its fiscal 2026 revenue forecast to $6.2 billion–$6.5 billion, broadly in line with the $6.4 billion consensus estimate, and increased its adjusted EBITDA outlook. Management cited strong platforms-segment growth, advertising momentum and digital expansion. Versant raises 2026 outlook on strength of platforms segment and advertising momentum
• Positive Sentiment: Second-quarter adjusted EPS was $1.49, beating analysts’ $1.39 consensus estimate by $0.10. Revenue of $1.64 billion also exceeded expectations, helping support the initial positive market reaction. Versant earnings results
• Positive Sentiment: Advertising demand for Versant’s news and sports programming improved, while growth in digital platforms helped offset weakness in traditional pay-TV distribution. The company also outlined shareholder-return plans, adding to the stock’s appeal. Versant lifts annual revenue forecast as digital growth offsets pay-TV weakness
• Neutral Sentiment: Management characterized the quarter as mixed: growth businesses are gaining traction, but the company remains exposed to ongoing secular pressure in pay-TV distribution. Versant Q2 2026 earnings call transcript
• Negative Sentiment: Quarterly revenue declined 4% year over year to $1.64 billion, while EPS fell to $1.49 from $2.09, reflecting continued pay-TV weakness and comparisons against a stronger prior-year period. Versant posts mixed Q2 results

Versant Stock Up 1.2%

NASDAQ VSNT opened at $38.67 on Friday. The stock has a market cap of $5.46 billion and a PE ratio of 19.43. The stock's 50 day moving average is $37.55 and its 200 day moving average is $36.83. The company has a current ratio of 2.38, a quick ratio of 2.32 and a debt-to-equity ratio of 0.35. Versant Corporation has a 12 month low of $27.17 and a 12 month high of $59.00.

Versant (NASDAQ:VSNT - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.39 by $0.10. The firm had revenue of $1.64 billion during the quarter. Research analysts predict that Versant Corporation will post 4.38 EPS for the current fiscal year.

Versant Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 1st were paid a $0.375 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. Versant's payout ratio is presently 75.38%.

About Versant

Versant Corporation is a provider of data management software. The Company designs, develops, markets and supports database management system products that companies use to solve data management and data integration issues. It also provides related product support, training and consulting services to assist users of the Company's products in developing and deploying software applications based on its products. The Company's Versant Object Database product is used primarily by enterprises, which have data management requirements, such as technology providers, telecommunications carriers, Government defense agencies, defense contractors, healthcare companies and companies in the financial services and transportation industries.

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