Varonis Systems, Inc. (NASDAQ:VRNS) Receives $43.15 Average Target Price from Analysts

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have been assigned an average recommendation of “Moderate Buy” from the twenty-two analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, fourteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $42.7895.

A number of analysts have recently commented on VRNS shares. JPMorgan Chase & Co. dropped their price objective on Varonis Systems from $50.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. DA Davidson raised Varonis Systems from a “neutral” rating to a “buy” rating and raised their target price for the company from $25.00 to $30.00 in a research note on Thursday, February 5th. Cantor Fitzgerald dropped their price target on shares of Varonis Systems from $50.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Truist Financial cut their price target on shares of Varonis Systems from $42.00 to $34.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Finally, Citigroup reduced their price objective on shares of Varonis Systems from $37.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th.

Insider Activity at Varonis Systems

In other Varonis Systems news, EVP David Bass bought 2,980 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was acquired at an average cost of $23.47 per share, with a total value of $69,940.60. Following the completion of the purchase, the executive vice president directly owned 1,042,924 shares in the company, valued at approximately $24,477,426.28. This trade represents a 0.29% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director John J. Gavin, Jr. purchased 5,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was acquired at an average price of $22.54 per share, for a total transaction of $112,700.00. Following the transaction, the director owned 273,666 shares of the company’s stock, valued at $6,168,431.64. The trade was a 1.86% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 25,780 shares of company stock valued at $579,403 over the last ninety days. Insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Varonis Systems

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP boosted its position in shares of Varonis Systems by 201.3% in the 3rd quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after purchasing an additional 463 shares during the period. Neo Ivy Capital Management purchased a new stake in Varonis Systems during the third quarter valued at about $42,000. First Horizon Corp purchased a new stake in Varonis Systems during the third quarter valued at about $45,000. Westside Investment Management Inc. boosted its holdings in shares of Varonis Systems by 100.0% in the third quarter. Westside Investment Management Inc. now owns 844 shares of the technology company’s stock worth $49,000 after buying an additional 422 shares during the period. Finally, Signaturefd LLC boosted its holdings 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 period. 95.65% of the stock is owned by institutional investors and hedge funds.

Varonis Systems Trading Up 1.5%

Varonis Systems stock opened at $21.48 on Friday. The firm has a 50 day simple moving average of $25.39 and a 200-day simple moving average of $36.58. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.97 and a quick ratio of 1.97. The stock has a market capitalization of $2.52 billion, a PE ratio of -18.84 and a beta of 0.61. Varonis Systems has a 12-month low of $20.06 and a 12-month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, February 3rd. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. The firm had revenue of $173.37 million for the quarter, compared to analysts’ expectations of $168.66 million. Varonis Systems had a negative return on equity of 22.95% and a negative net margin of 20.74%.The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. As a group, equities research analysts expect that Varonis Systems will post -0.83 EPS for the current fiscal 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.