Kopion Asset Management LLC Has $10.89 Million Stock Position in Varonis Systems, Inc. $VRNS

Kopion Asset Management LLC boosted its position in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 84.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 331,969 shares of the technology company’s stock after buying an additional 152,121 shares during the quarter. Varonis Systems makes up approximately 7.8% of Kopion Asset Management LLC’s holdings, making the stock its 4th largest holding. Kopion Asset Management LLC’s holdings in Varonis Systems were worth $10,889,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Allworth Financial LP increased its stake 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 buying an additional 463 shares during the period. Swiss Life Asset Management Ltd acquired a new position in shares of Varonis Systems during the third quarter valued at $302,000. CIBC Bancorp USA Inc. bought a new position in Varonis Systems in the third quarter valued at about $677,000. Advisory Services Network LLC acquired a new stake in Varonis Systems in the third quarter worth about $75,000. Finally, Castleark Management LLC increased its position in Varonis Systems by 21.2% in the third quarter. Castleark Management LLC now owns 104,061 shares of the technology company’s stock worth $5,980,000 after purchasing an additional 18,171 shares during the period. 95.65% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Varonis Systems

In other news, EVP David Bass bought 2,980 shares of the business’s stock in a transaction on Monday, February 9th. The shares were bought at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the completion of the acquisition, the executive vice president owned 1,042,924 shares in the company, valued at approximately $24,477,426.28. This trade represents a 0.29% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Avrohom J. Kess purchased 17,800 shares of Varonis Systems stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $22.29 per share, for a total transaction of $396,762.00. Following the completion of the transaction, the director owned 49,403 shares of the company’s stock, valued at approximately $1,101,192.87. This represents a 56.32% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders bought 25,780 shares of company stock valued at $579,403. Corporate insiders own 2.30% of the company’s stock.

Varonis Systems Price Performance

Varonis Systems stock opened at $24.02 on Friday. The firm has a market capitalization of $2.82 billion, a P/E ratio of -21.07 and a beta of 0.61. Varonis Systems, Inc. has a 1 year low of $20.06 and a 1 year high of $63.90. The business has a 50-day moving average of $27.33 and a 200-day moving average of $38.79. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.76.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share 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 business had revenue of $173.37 million for the quarter, compared to the consensus estimate of $168.66 million. During the same period last year, the company posted $0.18 EPS. Varonis Systems’s revenue for the quarter 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. On average, equities analysts anticipate that Varonis Systems, Inc. will post -0.83 EPS for the current year.

Analyst Upgrades and Downgrades

VRNS has been the topic of a number of research reports. DA Davidson upgraded shares of Varonis Systems from a “neutral” rating to a “buy” rating and upped their target price for the company from $25.00 to $30.00 in a research report on Thursday, February 5th. Morgan Stanley reiterated an “equal weight” rating and set a $41.00 price target (down from $44.00) on shares of Varonis Systems in a research report on Monday, January 26th. B. Riley Financial dropped their price target on shares of Varonis Systems from $58.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Stephens initiated coverage on shares of Varonis Systems in a report on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price objective on the stock. Finally, Royal Bank Of Canada reduced their price objective on shares of Varonis Systems from $60.00 to $41.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued 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.com, Varonis Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.15.

Varonis Systems 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.