SBI Okasan Asset Management Co.Ltd. Acquires Shares of 15,700 Varonis Systems, Inc. $VRNS

SBI Okasan Asset Management Co.Ltd. acquired a new stake in Varonis Systems, Inc. (NASDAQ:VRNS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 15,700 shares of the technology company’s stock, valued at approximately $523,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VRNS. Pictet Asset Management Holding SA grew its stake 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 period. Clal Insurance Enterprises Holdings Ltd grew its stake in Varonis Systems by 166.7% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock valued at $78,159,000 after acquiring an additional 850,000 shares during the last quarter. Vanguard Group Inc. grew its stake in Varonis Systems by 6.5% in the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock valued at $440,119,000 after acquiring an additional 822,925 shares during the last quarter. Atreides Management LP acquired a new stake in Varonis Systems in the 3rd quarter valued at about $37,839,000. Finally, Jennison Associates LLC grew its stake in Varonis Systems by 92.6% in the 4th quarter. Jennison Associates LLC now owns 1,036,934 shares of the technology company’s stock valued at $34,011,000 after acquiring an additional 498,413 shares during the last quarter. 95.65% of the stock is owned by institutional investors and hedge funds.

Varonis Systems Stock Up 7.4%

VRNS stock opened at $34.15 on Friday. Varonis Systems, Inc. has a twelve month low of $19.70 and a twelve month high of $63.90. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $3.92 billion, a P/E ratio of -29.96 and a beta of 0.80. The firm has a 50 day simple moving average of $25.61 and a 200-day simple moving average of $28.50.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The business had revenue of $173.13 million during the quarter, compared to the consensus estimate of $165.52 million. The company’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 predict that Varonis Systems, Inc. will post -1.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Susquehanna upped their target price on shares of Varonis Systems from $30.00 to $36.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. Wells Fargo & Company upped their target price on shares of Varonis Systems from $28.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. KeyCorp assumed coverage on shares of Varonis Systems in a report on Tuesday. They issued a “sector weight” rating on the stock. Barclays upped their target price on shares of Varonis Systems from $28.00 to $33.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, DA Davidson increased their price objective on shares of Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $41.35.

Varonis Systems News Summary

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 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.