285,113 Shares in Varonis Systems, Inc. $VRNS Bought by Ieq Capital LLC

Ieq Capital LLC acquired a new stake in Varonis Systems, Inc. (NASDAQ:VRNS) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 285,113 shares of the technology company’s stock, valued at approximately $11,963,000. Ieq Capital LLC owned about 0.25% of Varonis Systems at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VRNS. Jacobs Levy Equity Management Inc. bought a new position in Varonis Systems during the fourth quarter worth about $48,263,000. First Trust Advisors LP increased its stake in shares of 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 last quarter. Senvest Management LLC raised its position in shares of Varonis Systems by 406.1% in the 1st quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock valued at $31,109,000 after acquiring an additional 1,162,651 shares during the period. Pictet Asset Management Holding SA raised its position in shares of Varonis Systems by 99.1% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock valued at $71,480,000 after acquiring an additional 1,084,267 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Varonis Systems by 218.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock worth $30,262,000 after acquiring an additional 966,817 shares during the last quarter. Institutional investors and hedge funds own 95.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on VRNS shares. Cantor Fitzgerald restated an “overweight” rating and set a $55.00 price objective (up from $35.00) on shares of Varonis Systems in a report on Friday, July 24th. Robert W. Baird increased their target price on shares of 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 target on shares of Varonis Systems from $30.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Needham & Company LLC upped their price objective on shares of Varonis Systems from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, UBS Group raised their price objective on Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Seventeen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $49.05.

Varonis Systems Price Performance

NASDAQ VRNS opened at $41.23 on Friday. The business has a 50 day simple moving average of $42.15 and a 200 day simple moving average of $31.66. Varonis Systems, Inc. has a 52-week low of $19.70 and a 52-week high of $63.90. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.65 and a current ratio of 1.65. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of -33.52 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, July 28th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.01 by $0.03. The firm had revenue of $180.02 million for the quarter, compared to the consensus estimate of $176.83 million. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The business’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period last year, the company 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. Analysts anticipate that Varonis Systems, Inc. will post -0.97 earnings per share for the current fiscal year.

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.