Oribel Capital Management LP Takes $3.55 Million Position in Varonis Systems, Inc. $VRNS

Oribel Capital Management LP purchased a new position in shares of Varonis Systems, Inc. (NASDAQ:VRNS) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 165,300 shares of the technology company’s stock, valued at approximately $3,549,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Signaturefd LLC grew its stake in Varonis Systems by 47.8% in the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after acquiring an additional 322 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of Varonis Systems in the fourth quarter valued at about $37,000. Fifth Third Bancorp lifted its holdings in shares of Varonis Systems by 10,694.1% in the first quarter. Fifth Third Bancorp now owns 1,835 shares of the technology company’s stock valued at $39,000 after purchasing an additional 1,818 shares in the last quarter. Allworth Financial LP grew its position in shares of Varonis Systems by 201.3% in the third 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 last quarter. Finally, First Horizon Corp grew its position in shares of Varonis Systems by 121.7% in the fourth quarter. First Horizon Corp now owns 1,740 shares of the technology company’s stock valued at $57,000 after purchasing an additional 955 shares during the last quarter. 95.65% of the stock is owned by institutional investors and hedge funds.

Varonis Systems Price Performance

VRNS stock opened at $45.74 on Friday. The company has a market cap of $5.25 billion, a PE ratio of -40.12 and a beta of 0.83. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The stock has a 50-day moving average price of $37.99 and a two-hundred day moving average price of $30.42. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. The company had revenue of $173.13 million for the quarter, compared to the consensus estimate of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.Varonis Systems’s revenue for the quarter 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. As a group, research analysts predict that Varonis Systems, Inc. will post -1.05 EPS for the current year.

Wall Street Analyst Weigh In

VRNS has been the subject of a number of recent research reports. Barclays raised their price objective on shares of Varonis Systems from $33.00 to $52.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Stephens upgraded Varonis Systems from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $33.00 to $45.00 in a report on Wednesday, June 24th. UBS Group increased their price objective on shares of Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday. DA Davidson boosted their target price on shares of Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Wedbush reaffirmed an “outperform” rating and set a $37.00 price target on shares of Varonis Systems in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $45.42.

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.