Varonis Systems, Inc. $VRNS Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its holdings in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 32.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,649 shares of the technology company’s stock after selling 21,980 shares during the period. Private Advisor Group LLC’s holdings in Varonis Systems were worth $980,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Signaturefd LLC raised its stake in Varonis Systems by 47.8% in the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after purchasing an additional 322 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Varonis Systems by 5.5% during the second quarter. Benjamin Edwards Inc. now owns 6,692 shares of the technology company’s stock worth $340,000 after buying an additional 351 shares in the last quarter. Amundi raised its position in shares of Varonis Systems by 0.7% in the third quarter. Amundi now owns 52,886 shares of the technology company’s stock valued at $3,212,000 after buying an additional 387 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Varonis Systems by 10.5% in the second quarter. Osaic Holdings Inc. now owns 4,647 shares of the technology company’s stock valued at $234,000 after buying an additional 440 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Varonis Systems by 201.3% during the third 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. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems Trading Up 1.9%

VRNS stock opened at $45.38 on Tuesday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. The company has a market cap of $5.21 billion, a price-to-earnings ratio of -39.81 and a beta of 0.83. The business has a fifty day simple moving average of $34.61 and a 200-day simple moving average of $29.54. Varonis Systems, Inc. has a 52 week low of $19.70 and a 52 week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its earnings results 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. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The firm had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. The business’s revenue was up 26.9% compared to the same quarter last year. 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. On average, equities research analysts expect that Varonis Systems, Inc. will post -1.04 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Varonis Systems from $38.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Citigroup boosted their price target on Varonis Systems from $28.00 to $30.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Royal Bank Of Canada increased their price target on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. TD Cowen raised their price objective on Varonis Systems from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Monday. Finally, William Blair reaffirmed a “market perform” rating on shares of Varonis Systems in a research report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $42.20.

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.