Insider Buying: Varonis Systems (NASDAQ:VRNS) Director Acquires $112,700.00 in Stock

Varonis Systems, Inc. (NASDAQ:VRNS) Director John Gavin, Jr. purchased 5,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was bought at an average price of $22.54 per share, for a total transaction of $112,700.00. Following the completion of the transaction, the director directly owned 273,666 shares in the company, valued at approximately $6,168,431.64. The trade was a 1.86% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Varonis Systems Stock Performance

NASDAQ:VRNS opened at $25.15 on Friday. The firm’s 50-day moving average is $31.94 and its 200-day moving average is $44.49. The company has a market cap of $2.95 billion, a price-to-earnings ratio of -22.06 and a beta of 0.58. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 1.97. Varonis Systems, Inc. has a 52-week low of $20.06 and a 52-week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.05. The firm had revenue of $173.37 million for the quarter, compared to analyst estimates of $168.66 million. Varonis Systems had a negative return on equity of 22.95% and a negative net margin of 20.74%.The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.18 earnings per share. Varonis Systems has set its FY 2026 guidance at 0.060-0.100 EPS and its Q1 2026 guidance at -0.060–0.050 EPS. Equities research analysts anticipate that Varonis Systems, Inc. will post -0.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VRNS. UBS Group set a $50.00 price objective on Varonis Systems in a report on Monday, January 26th. B. Riley Securities lowered their price target on Varonis Systems from $58.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Barclays dropped their price objective on Varonis Systems from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. JPMorgan Chase & Co. reduced their target price on shares of Varonis Systems from $50.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Finally, Piper Sandler upgraded shares of Varonis Systems from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $45.00 to $47.00 in a research report on Monday, January 5th. Seventeen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $45.24.

Trending Headlines about Varonis Systems

Here are the key news stories impacting Varonis Systems this week:

• Positive Sentiment: Insiders bought stock (EVP David Bass purchased 2,980 shares; John Gavin Jr. bought 5,000 shares), which investors often view as a signal that management sees value at current levels. Read More. Read More..
• Positive Sentiment: DA Davidson published a bullish forecast calling for 15%–20% ARR growth and a margin rebound by 2027, supporting a constructive medium‑term revenue trajectory for Varonis. Read More.
• Neutral Sentiment: Varonis will present at the Morgan Stanley TMT conference (March 5); the event gives management a public forum to address SaaS transition progress and investor questions but is not an immediate financial catalyst. Read More.
• Negative Sentiment: Numerous plaintiff law firms have filed notices or reminders and in some cases formal complaints alleging Varonis misled investors about renewal softness and the company’s ability to convert legacy on‑prem customers to SaaS; Hagens Berman and several others are actively soliciting lead‑plaintiff applicants ahead of a March 9 deadline — this increases legal, financial and reputational risk and is the main driver of today’s negative sentiment. Read More. (multiple similar notices from Kessler Topaz, Pomerantz, Rosen, Faruqi, Gross, Bernstein Liebhard, Levi & Korsinsky, Schall, etc.).

Institutional Trading of Varonis Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. bought a new stake in Varonis Systems in the third quarter valued at about $9,496,000. Yorktown Management & Research Co Inc acquired a new position in shares of Varonis Systems during the 2nd quarter worth about $302,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Varonis Systems in the 2nd quarter valued at about $418,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Varonis Systems by 3.6% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 293,083 shares of the technology company’s stock valued at $14,874,000 after acquiring an additional 10,100 shares during the period. Finally, Capital Fund Management S.A. boosted its stake in Varonis Systems by 31.0% during the 2nd quarter. Capital Fund Management S.A. now owns 306,695 shares of the technology company’s stock worth $15,565,000 after acquiring an additional 72,657 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

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.