658,415 Shares in Varonis Systems, Inc. $VRNS Purchased by Atreides Management LP

Atreides Management LP acquired a new stake in Varonis Systems, Inc. (NASDAQ:VRNS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 658,415 shares of the technology company’s stock, valued at approximately $37,839,000. Atreides Management LP owned 0.56% of Varonis Systems at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Dynamic Technology Lab Private Ltd acquired a new position in shares of Varonis Systems during the 1st quarter worth approximately $233,000. Caxton Associates LLP purchased a new stake in Varonis Systems in the 1st quarter worth $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Varonis Systems by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 619,257 shares of the technology company’s stock worth $25,049,000 after acquiring an additional 64,636 shares during the period. Bank of New York Mellon Corp lifted its holdings in Varonis Systems by 11.8% during the second quarter. Bank of New York Mellon Corp now owns 576,822 shares of the technology company’s stock valued at $29,274,000 after purchasing an additional 60,883 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Varonis Systems by 0.3% in the second quarter. Geode Capital Management LLC now owns 2,670,343 shares of the technology company’s stock valued at $135,537,000 after purchasing an additional 7,342 shares during the period. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

Varonis Systems Stock Up 2.1%

Shares of VRNS opened at $24.68 on Friday. Varonis Systems, Inc. has a 52-week low of $20.06 and a 52-week high of $63.90. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.76. The stock has a fifty day simple moving average of $28.14 and a two-hundred day simple moving average of $39.62. The company has a market capitalization of $2.90 billion, a PE ratio of -21.65 and a beta of 0.61.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The firm had revenue of $173.37 million during the quarter, compared to analyst estimates of $168.66 million. During the same quarter in the prior year, the firm posted $0.18 earnings per share. Varonis Systems’s quarterly revenue was up 9.4% on a year-over-year basis. 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 analysts forecast that Varonis Systems, Inc. will post -0.83 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on VRNS shares. UBS Group set a $50.00 price target on shares of Varonis Systems in a research report on Monday, January 26th. Wedbush cut their price objective on Varonis Systems from $53.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Morgan Stanley reissued an “equal weight” rating and set a $41.00 target price (down from $44.00) on shares of Varonis Systems in a report on Monday, January 26th. Stephens started coverage on Varonis Systems in a research note on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price target on the stock. Finally, Barclays dropped their price target on Varonis Systems from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Varonis Systems has an average rating of “Moderate Buy” and an average price target of $43.15.

Insider Activity

In other Varonis Systems news, Director John J. Gavin, Jr. bought 5,000 shares of the business’s stock in a transaction on Friday, February 6th. The stock was bought at an average price of $22.54 per share, with a total value of $112,700.00. Following the completion of the purchase, the director directly owned 273,666 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this link. Also, Director Avrohom J. Kess purchased 17,800 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was acquired at an average cost of $22.29 per share, for a total transaction of $396,762.00. Following the purchase, the director owned 49,403 shares in the company, valued at approximately $1,101,192.87. The trade was a 56.32% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 25,780 shares of company stock valued at $579,403. 2.30% of the stock is currently owned by company insiders.

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.