Varonis Systems, Inc. $VRNS Shares Sold by Bailard Inc.

Bailard Inc. lessened its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 26.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,004 shares of the technology company’s stock after selling 21,234 shares during the period. Bailard Inc. owned about 0.05% of Varonis Systems worth $3,045,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Bessemer Group Inc. increased its position in shares of Varonis Systems by 179.1% in the 2nd quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock worth $25,000 after purchasing an additional 317 shares during the last quarter. Quarry LP grew its stake in Varonis Systems by 31.8% in the first quarter. Quarry LP now owns 1,082 shares of the technology company’s stock worth $44,000 after purchasing an additional 261 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Varonis Systems in the first quarter valued at about $69,000. FNY Investment Advisers LLC acquired a new stake in Varonis Systems during the second quarter valued at approximately $156,000. Finally, PNC Financial Services Group Inc. lifted its holdings in Varonis Systems by 45.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,502 shares of the technology company’s stock worth $182,000 after buying an additional 1,401 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Varonis Systems news, CFO Guy Melamed sold 1,500 shares of the business’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $59.59, for a total transaction of $89,385.00. Following the completion of the transaction, the chief financial officer owned 412,105 shares in the company, valued at approximately $24,557,336.95. The trade was a 0.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders sold 15,792 shares of company stock valued at $940,149. 2.30% of the stock is owned by company insiders.

Varonis Systems Stock Down 0.7%

VRNS stock opened at $35.53 on Thursday. The stock has a market cap of $4.19 billion, a PE ratio of -34.83 and a beta of 0.62. The firm’s 50-day simple moving average is $54.02 and its 200 day simple moving average is $52.13. Varonis Systems, Inc. has a fifty-two week low of $32.02 and a fifty-two week high of $63.90. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.32.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, October 28th. The technology company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 24.97%. The firm had revenue of $161.58 million during the quarter, compared to analysts’ expectations of $166.47 million. During the same quarter in the prior year, the firm earned $0.10 EPS. Varonis Systems’s quarterly revenue was up 9.1% on a year-over-year basis. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. As a group, sell-side analysts predict that Varonis Systems, Inc. will post -0.83 EPS for the current year.

Wall Street Analysts Forecast Growth

VRNS has been the topic of several research reports. Jefferies Financial Group raised Varonis Systems from a “hold” rating to a “buy” rating and upped their price target for the company from $50.00 to $65.00 in a research report on Thursday, July 24th. Piper Sandler lowered their target price on shares of Varonis Systems from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Susquehanna reduced their price target on shares of Varonis Systems from $65.00 to $50.00 and set a “positive” rating on the stock in a research report on Wednesday, October 29th. Needham & Company LLC lowered their price objective on shares of Varonis Systems from $70.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Varonis Systems in a research note on Wednesday, October 8th. Sixteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $59.79.

About Varonis Systems

Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.