Varonis Systems, Inc. $VRNS Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lessened its holdings in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 84.7% in the third quarter, Holdings Channel.com reports. The firm owned 20,048 shares of the technology company’s stock after selling 111,019 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Varonis Systems were worth $1,152,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VRNS. Bessemer Group Inc. boosted its stake in shares of Varonis Systems by 179.1% during the 2nd quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock valued at $25,000 after buying an additional 317 shares during the last quarter. First Horizon Corp acquired a new stake in Varonis Systems in the third quarter valued at $45,000. Farther Finance Advisors LLC raised its holdings in Varonis Systems by 1,062.6% in the third quarter. Farther Finance Advisors LLC now owns 1,058 shares of the technology company’s stock valued at $61,000 after acquiring an additional 967 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Varonis Systems by 344.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,213 shares of the technology company’s stock valued at $62,000 after acquiring an additional 940 shares during the last quarter. Finally, Evelyn Partners Investment Management LLP boosted its stake in Varonis Systems by 13,746.2% during the 2nd quarter. Evelyn Partners Investment Management LLP now owns 1,800 shares of the technology company’s stock valued at $91,000 after acquiring an additional 1,787 shares during the last quarter. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VRNS shares. Susquehanna cut their target price on shares of Varonis Systems from $65.00 to $50.00 and set a “positive” rating on the stock in a research note on Wednesday, October 29th. Robert W. Baird lowered Varonis Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Barclays cut their price objective on Varonis Systems from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. Royal Bank Of Canada reduced their target price on Varonis Systems from $60.00 to $41.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Finally, UBS Group set a $50.00 price target on Varonis Systems in a report on Monday, January 26th. Fifteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.50.

Varonis Systems Stock Down 2.4%

Shares of Varonis Systems stock opened at $29.84 on Friday. The stock has a market capitalization of $3.52 billion, a price-to-earnings ratio of -29.25 and a beta of 0.56. Varonis Systems, Inc. has a twelve month low of $29.75 and a twelve month high of $63.90. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.75. The business’s 50 day simple moving average is $33.16 and its 200-day simple moving average is $46.12.

Varonis Systems News Summary

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

• Negative Sentiment: Frank R. Cruz law firm says Varonis shareholders who lost money can seek lead‑plaintiff status in a securities fraud suit alleging misstatements about the SaaS transition. Read More.
• Negative Sentiment: Hagens Berman issued an investor alert highlighting a securities class action that accuses Varonis of misleading the market on its ability to convert on‑prem customers to SaaS; the firm reminds investors of the March 9, 2026 lead‑plaintiff deadline. Read More.
• Negative Sentiment: Bronstein, Gewirtz & Grossman announces a class action filed against Varonis and certain officers seeking recovery for investors who bought shares during the alleged misstatement period (Feb 4–Oct 28, 2025). Read More.
• Negative Sentiment: Kessler Topaz issued a shareholder reminder about the securities‑fraud class action and the class period (Feb 4–Oct 28, 2025), encouraging claims before the deadline. Read More.
• Negative Sentiment: Levi & Korsinsky notifies shareholders of the class action and urges affected investors to inquire about joining the case—another sign of multiple firms pursuing similar claims. Read More.
• Negative Sentiment: Bragar Eagel & Squire reminds investors of the March 9 lead‑plaintiff deadline and solicits contacts from those who experienced losses during the alleged class period. Read More.
• Negative Sentiment: Rosen Law Firm and Pomerantz (separate notices) also alert investors about the class action and deadlines—reinforcing that many firms expect damages claims tied to the SaaS transition messaging. Read More. Read More.
• Negative Sentiment: The Gross Law Firm and Faruqi & Faruqi issued investor notices investigating potential claims and encouraging affected shareholders to seek lead‑plaintiff status—adding to legal cost and distraction risk. Read More. Read More.
• Negative Sentiment: Robbins Geller and Bernstein Liebhard also announced opportunities for lead‑plaintiff applications and investigations, signaling widespread plaintiff‑firm interest that typically increases settlement leverage against companies. Read More. Read More.
• Negative Sentiment: Seeking Alpha commentary argues Varonis is being outpaced by larger rivals as cloud/SaaS trends benefit giants — a narrative that can weigh on sentiment beyond the litigation headlines. Read More.

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.