Dimensional Fund Advisors LP Has $4.36 Million Stock Holdings in Varonis Systems, Inc. $VRNS

Key Points

• Dimensional Fund Advisors increased its Varonis Systems stake by 556% in the first quarter, acquiring 172,088 additional shares for a total holding valued at approximately $4.36 million. Institutional investors collectively own 95.65% of VRNS.
• Analysts remain broadly positive, with 17 Buy ratings, six Holds and one Sell. Varonis has a consensus “Moderate Buy” rating and an average price target of $49.05.
• Varonis beat quarterly expectations with earnings of $0.04 per share versus $0.01 projected and revenue of $180.02 million, up 18.3% year over year, although the company continues to report negative margins and return on equity.

Dimensional Fund Advisors LP grew its holdings in Varonis Systems, Inc. (NASDAQ:VRNS - Free Report) by 556.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 203,037 shares of the technology company's stock after acquiring an additional 172,088 shares during the period. Dimensional Fund Advisors LP owned 0.18% of Varonis Systems worth $4,359,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VRNS. Signaturefd LLC lifted its stake in shares of Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company's stock worth $33,000 after buying an additional 322 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Varonis Systems during the 4th quarter worth $37,000. Harvest Fund Management Co. Ltd acquired a new position in Varonis Systems in the 3rd quarter valued at $68,000. EverSource Wealth Advisors LLC grew its stake in Varonis Systems by 344.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,213 shares of the technology company's stock valued at $62,000 after buying an additional 940 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in Varonis Systems in the 3rd quarter worth $75,000. Institutional investors and hedge funds own 95.65% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VRNS. Citigroup boosted their target price on shares of Varonis Systems from $30.00 to $45.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Wells Fargo & Company raised their price target on Varonis Systems from $35.00 to $50.00 and gave the company an "overweight" rating in a research report on Monday, July 20th. Robert W. Baird lifted their price objective on Varonis Systems from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Truist Financial boosted their price objective on Varonis Systems from $34.00 to $52.00 and gave the stock a "buy" rating in a research report on Tuesday, July 21st. Finally, Barclays decreased their target price on Varonis Systems from $52.00 to $50.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $49.05.

Varonis Systems Stock Performance

NASDAQ VRNS opened at $41.93 on Thursday. The company's fifty day moving average is $40.73 and its two-hundred day moving average is $31.15. Varonis Systems, Inc. has a 52-week low of $19.70 and a 52-week high of $63.90. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.65. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of -34.09 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.03. The firm had revenue of $180.02 million for the quarter, compared to analyst estimates of $176.83 million. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The company's quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.03 earnings per share. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. Equities research analysts forecast that Varonis Systems, Inc. will post -0.97 EPS for the current 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.

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