Y.D. More Investments Ltd Reduces Position in Varonis Systems, Inc. $VRNS

Y.D. More Investments Ltd trimmed its position in Varonis Systems, Inc. (NASDAQ:VRNS) by 70.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,721 shares of the technology company’s stock after selling 27,806 shares during the quarter. Y.D. More Investments Ltd’s holdings in Varonis Systems were worth $384,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VRNS. Vanguard Group Inc. raised its stake in Varonis Systems by 3.6% in the third quarter. Vanguard Group Inc. now owns 12,595,348 shares of the technology company’s stock valued at $723,855,000 after buying an additional 436,462 shares in the last quarter. First Trust Advisors LP lifted its holdings in Varonis Systems by 7.9% during the 3rd quarter. First Trust Advisors LP now owns 3,148,243 shares of the technology company’s stock worth $180,930,000 after buying an additional 230,852 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Varonis Systems by 69.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,646,351 shares of the technology company’s stock worth $95,192,000 after acquiring an additional 674,807 shares in the last quarter. American Capital Management Inc. increased its holdings in shares of Varonis Systems by 16.3% in the 3rd quarter. American Capital Management Inc. now owns 1,371,806 shares of the technology company’s stock valued at $78,838,000 after acquiring an additional 191,929 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Varonis Systems by 166.7% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock valued at $78,159,000 after acquiring an additional 850,000 shares during the last quarter. 95.65% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Varonis Systems

In other Varonis Systems news, Director John J. Gavin, Jr. purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was purchased at an average price of $22.54 per share, for a total transaction of $112,700.00. Following the purchase, the director directly owned 273,666 shares in the company, valued at approximately $6,168,431.64. This trade represents a 1.86% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP David Bass bought 2,980 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were acquired at an average price of $23.47 per share, with a total value of $69,940.60. Following the purchase, the executive vice president directly owned 1,042,924 shares of the company’s stock, valued at approximately $24,477,426.28. This trade represents a 0.29% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 25,780 shares of company stock worth $579,403 in the last 90 days. 2.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on VRNS shares. Morgan Stanley restated an “equal weight” rating and set a $41.00 target price (down from $44.00) on shares of Varonis Systems in a research note on Monday, January 26th. JPMorgan Chase & Co. dropped their price target 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. Wells Fargo & Company began coverage on shares of Varonis Systems in a report on Tuesday, March 3rd. They set an “overweight” rating and a $28.00 price objective on the stock. Barclays lowered their target price on shares of Varonis Systems from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Monday, January 5th. Finally, Royal Bank Of Canada dropped their target price on shares of Varonis Systems from $60.00 to $41.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $42.79.

Varonis Systems Stock Up 5.1%

Shares of NASDAQ VRNS opened at $23.68 on Tuesday. The business has a 50-day moving average price of $24.44 and a 200 day moving average price of $35.62. The stock has a market cap of $2.78 billion, a PE ratio of -20.77 and a beta of 0.68. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.76. Varonis Systems, Inc. has a 52-week low of $20.06 and a 52-week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly 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. Varonis Systems had a negative return on equity of 22.95% and a negative net margin of 20.74%.The company had revenue of $173.37 million for the quarter, compared to analyst estimates of $168.66 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The firm’s revenue was up 9.4% compared to the same quarter last year. 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 forecast that Varonis Systems, Inc. will post -0.83 earnings per share 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.