Varonis Systems, Inc. $VRNS Shares Purchased by Sei Investments Co.

Sei Investments Co. boosted its holdings in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 90.8% during the 1st quarter, HoldingsChannel reports. The firm owned 276,351 shares of the technology company’s stock after purchasing an additional 131,520 shares during the period. Sei Investments Co.’s holdings in Varonis Systems were worth $5,933,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Varonis Systems by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after buying an additional 822,925 shares during the period. First Trust Advisors LP increased its position in Varonis Systems by 40.6% in the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after acquiring an additional 1,279,002 shares during the period. RGM Capital LLC raised its stake in Varonis Systems by 17.1% during the 4th quarter. RGM Capital LLC now owns 3,160,093 shares of the technology company’s stock valued at $103,651,000 after acquiring an additional 460,580 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in Varonis Systems by 43.4% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock valued at $67,029,000 after acquiring an additional 944,676 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Varonis Systems by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 2,833,180 shares of the technology company’s stock worth $92,943,000 after acquiring an additional 151,961 shares during the period. 95.65% of the stock is owned by hedge funds and other institutional investors.

Varonis Systems Stock Performance

NASDAQ VRNS opened at $43.32 on Wednesday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.02. The business’s 50 day moving average is $39.65 and its two-hundred day moving average is $30.77. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of -35.22 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The business had revenue of $180.02 million during the quarter, compared to the consensus estimate of $176.83 million. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The company’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.03 EPS. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. Research analysts expect that Varonis Systems, Inc. will post -0.97 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. DA Davidson lifted their target price on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Susquehanna increased their price target on Varonis Systems from $36.00 to $55.00 and gave the stock a “positive” rating in a report on Wednesday, July 29th. Robert W. Baird increased their price target on Varonis Systems from $40.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Citigroup lifted their price objective on shares of Varonis Systems from $30.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, Barclays dropped their price objective on shares of Varonis Systems from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Varonis Systems presently has an average rating of “Moderate Buy” and an average target price of $49.05.

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.