Hel Ved Capital Management Ltd Takes Position in Varonis Systems, Inc. $VRNS

Hel Ved Capital Management Ltd bought a new position in Varonis Systems, Inc. (NASDAQ:VRNS) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 21,500 shares of the technology company’s stock, valued at approximately $1,091,000.

A number of other large investors also recently modified their holdings of VRNS. Quarry LP increased its position in shares of Varonis Systems by 31.8% during the first quarter. Quarry LP now owns 1,082 shares of the technology company’s stock valued at $44,000 after purchasing an additional 261 shares during the period. Bessemer Group Inc. increased its stake in Varonis Systems by 179.1% in the second quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock valued at $25,000 after acquiring an additional 317 shares during the period. Vanguard Personalized Indexing Management LLC raised its position in Varonis Systems by 5.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 8,049 shares of the technology company’s stock worth $408,000 after purchasing an additional 393 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its stake in Varonis Systems by 11.0% during the second quarter. Resona Asset Management Co. Ltd. now owns 4,047 shares of the technology company’s stock worth $203,000 after purchasing an additional 400 shares during the period. Finally, Avantax Advisory Services Inc. lifted its stake in Varonis Systems by 6.7% during the first quarter. Avantax Advisory Services Inc. now owns 7,423 shares of the technology company’s stock worth $300,000 after purchasing an additional 469 shares during the period. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Varonis Systems Trading Up 3.2%

Shares of NASDAQ:VRNS opened at $32.47 on Wednesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.38 and a current ratio of 1.38. Varonis Systems, Inc. has a 52-week low of $30.34 and a 52-week high of $63.90. The company has a 50-day simple moving average of $49.69 and a 200 day simple moving average of $51.47. The company has a market capitalization of $3.83 billion, a P/E ratio of -31.83 and a beta of 0.62.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on VRNS. Morgan Stanley raised their target price on Varonis Systems from $59.00 to $66.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Cantor Fitzgerald set a $60.00 price objective on Varonis Systems and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. DA Davidson lowered their price target on shares of Varonis Systems from $55.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Wells Fargo & Company upgraded shares of Varonis Systems from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $51.00 to $70.00 in a research report on Monday, August 11th. Finally, Robert W. Baird lifted their price objective on Varonis Systems from $58.00 to $63.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Sixteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $59.79.

Insider Buying and Selling at Varonis Systems

In other Varonis Systems news, CFO Guy Melamed sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The shares were 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 directly owned 412,105 shares in the company, valued at $24,557,336.95. The trade was a 0.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.30% of the company’s stock.

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.