AMF Tjanstepension AB Purchases Shares of 59,070 Varonis Systems, Inc. $VRNS

AMF Tjanstepension AB purchased a new stake in Varonis Systems, Inc. (NASDAQ:VRNS) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 59,070 shares of the technology company’s stock, valued at approximately $1,937,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VRNS. Pictet Asset Management Holding SA lifted its position in shares of Varonis Systems by 99.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock worth $71,480,000 after purchasing an additional 1,084,267 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Varonis Systems by 166.7% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock worth $78,159,000 after purchasing an additional 850,000 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Varonis Systems by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after purchasing an additional 822,925 shares during the last quarter. Atreides Management LP purchased a new stake in shares of Varonis Systems during the 3rd quarter worth $37,839,000. Finally, Jennison Associates LLC lifted its position in shares of Varonis Systems by 92.6% during the 4th quarter. Jennison Associates LLC now owns 1,036,934 shares of the technology company’s stock worth $34,011,000 after purchasing an additional 498,413 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems Stock Up 2.1%

Shares of NASDAQ VRNS opened at $28.78 on Tuesday. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90. The company has a market capitalization of $3.30 billion, a PE ratio of -25.25 and a beta of 0.80. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69. The firm’s 50-day moving average is $24.37 and its two-hundred day moving average is $28.68.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. The business had revenue of $173.13 million during the quarter, compared to analyst estimates of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The business’s quarterly revenue was up 26.9% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. Equities analysts anticipate that Varonis Systems, Inc. will post -1.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. DA Davidson lifted their price target on shares of Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. William Blair reiterated a “market perform” rating on shares of Varonis Systems in a research note on Monday, March 23rd. Truist Financial dropped their price objective on shares of Varonis Systems from $42.00 to $34.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Royal Bank Of Canada lifted their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, B. Riley Financial dropped their price objective on shares of Varonis Systems from $58.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Varonis Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.35.

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.