Varonis Systems, Inc. $VRNS Shares Acquired by Vanguard Group Inc.

Key Points

• Vanguard Group increased its stake in Varonis to 13,418,273 shares (about 11.38% ownership) after buying 822,925 shares in Q4, valuing the position at roughly $440.1 million.
• Varonis beat expectations for the quarter with $0.06 EPS versus a -$0.05 consensus and revenue of $173.13 million (up 26.9% YoY), and provided FY2026 guidance of $0.110–0.120 EPS.
• Analysts remain broadly positive—15 Buys, 6 Holds and 1 Sell—giving a consensus rating of "Moderate Buy" and an average price target of $41.42 after several recent target increases.

Vanguard Group Inc. lifted its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS - Free Report) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,418,273 shares of the technology company's stock after purchasing an additional 822,925 shares during the period. Vanguard Group Inc. owned approximately 11.38% of Varonis Systems worth $440,119,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Hodges Capital Management Inc. lifted its stake in Varonis Systems by 146.3% during the third quarter. Hodges Capital Management Inc. now owns 126,450 shares of the technology company's stock valued at $7,267,000 after buying an additional 75,120 shares in the last quarter. Readystate Asset Management LP purchased a new position in shares of Varonis Systems in the third quarter worth approximately $13,731,000. AustralianSuper Pty Ltd increased its position in shares of Varonis Systems by 29.6% in the third quarter. AustralianSuper Pty Ltd now owns 602,379 shares of the technology company's stock worth $34,619,000 after acquiring an additional 137,713 shares in the last quarter. Ion Asset Management Ltd. acquired a new stake in shares of Varonis Systems during the third quarter valued at approximately $5,172,000. Finally, Elo Mutual Pension Insurance Co purchased a new stake in shares of Varonis Systems in the 3rd quarter valued at approximately $1,477,000. 95.65% of the stock is owned by hedge funds and other institutional investors.

Varonis Systems Price Performance

VRNS stock opened at $27.41 on Wednesday. The company has a 50 day moving average of $23.44 and a two-hundred day moving average of $30.82. The company has a market cap of $3.15 billion, a price-to-earnings ratio of -24.04 and a beta of 0.80. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.11. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The business had revenue of $173.13 million for the quarter, compared to analysts' expectations of $165.52 million. The firm's quarterly revenue 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. On average, equities analysts anticipate that Varonis Systems, Inc. will post -1.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VRNS has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. raised their target price on Varonis Systems from $38.00 to $39.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 29th. DA Davidson lifted their price target on Varonis Systems from $30.00 to $37.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. Morgan Stanley reissued an "equal weight" rating and set a $41.00 price target (down from $44.00) on shares of Varonis Systems in a research report on Monday, January 26th. Finally, Truist Financial decreased their price objective on Varonis Systems from $42.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, February 4th. Fifteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $41.42.

Insider Buying and Selling at Varonis Systems

In other news, Director John J. Gavin, Jr. purchased 5,000 shares of Varonis Systems stock in a transaction dated Friday, February 6th. The stock was acquired at an average cost of $22.54 per share, for a total transaction of $112,700.00. Following the acquisition, the director directly owned 273,666 shares in the company, valued at $6,168,431.64. This represents a 1.86% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP David Bass purchased 2,980 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was purchased at an average cost of $23.47 per share, with a total value of $69,940.60. Following the purchase, the executive vice president owned 1,042,924 shares in the company, valued at $24,477,426.28. This represents a 0.29% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 25,780 shares of company stock worth $579,403 over the last 90 days. 3.00% of the stock is currently owned by corporate insiders.

Varonis Systems 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.

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