Fideuram Asset Management Ireland dac Purchases New Shares in Varonis Systems, Inc. $VRNS

Fideuram Asset Management Ireland dac acquired a new stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) in the fourth quarter, Holdings Channel reports. The firm acquired 78,736 shares of the technology company’s stock, valued at approximately $2,784,000.

Other large investors have also added to or reduced their stakes in the company. Allworth Financial LP raised its stake in 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 last quarter. Neo Ivy Capital Management purchased a new position in Varonis Systems during the third quarter valued at $42,000. Westside Investment Management Inc. raised its stake in Varonis Systems by 100.0% during the third quarter. Westside Investment Management Inc. now owns 844 shares of the technology company’s stock valued at $49,000 after buying an additional 422 shares during the last quarter. Signaturefd LLC raised its stake in Varonis Systems by 47.8% during the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after buying an additional 322 shares during the last quarter. Finally, CI Investments Inc. raised its stake in Varonis Systems by 48.5% during the third quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock valued at $60,000 after buying an additional 343 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems News Roundup

Here are the key news stories impacting Varonis Systems this week:

• Positive Sentiment: Varonis’ latest quarterly results beat expectations, with EPS of $0.06 versus the consensus loss estimate and revenue of $173.13 million above forecasts, reinforcing confidence in the company’s growth trend.
• Positive Sentiment: Revenue rose 26.9% year over year, which may be encouraging investors that demand for Varonis’ data security software remains strong.
• Neutral Sentiment: KeyCorp initiated and repeated coverage with a Sector Weight rating, signaling a hold-style stance rather than a strong bullish or bearish view.
• Neutral Sentiment: KeyCorp’s new estimates imply continued losses through 2026-2028, but the forecast profile is broadly in line with the market’s expectation that Varonis will remain unprofitable for some time.
• Positive Sentiment: The company also provided FY2026 and Q2 2026 guidance, which likely helped investors focus on management’s outlook for continued progress after the better-than-expected quarter.

Varonis Systems Stock Up 7.4%

VRNS stock opened at $34.15 on Friday. Varonis Systems, Inc. has a 1-year low of $19.70 and a 1-year high of $63.90. The business has a fifty day moving average price of $25.61 and a 200-day moving average price of $28.50. 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 stock has a market capitalization of $3.92 billion, a P/E ratio of -29.96 and a beta of 0.80.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $165.52 million. The company’s quarterly 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. Equities analysts forecast that Varonis Systems, Inc. will post -1.04 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. DA Davidson lifted their price objective on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group lifted their price objective on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Needham & Company LLC lifted their price objective on Varonis Systems from $30.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada lifted their price objective on Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, Barclays lifted their price objective on Varonis Systems from $28.00 to $33.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Varonis Systems has a consensus rating of “Moderate Buy” and a consensus price target of $41.35.

About Varonis Systems

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.