Varonis Systems, Inc. $VRNS Stake Decreased by Kopion Asset Management LLC

Kopion Asset Management LLC lowered its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 22.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 382,088 shares of the technology company’s stock after selling 113,606 shares during the period. Varonis Systems comprises approximately 10.1% of Kopion Asset Management LLC’s investment portfolio, making the stock its biggest holding. Kopion Asset Management LLC’s holdings in Varonis Systems were worth $16,032,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Jacobs Levy Equity Management Inc. purchased a new position in Varonis Systems in the fourth quarter valued at about $48,263,000. First Trust Advisors LP grew its position in shares of Varonis Systems by 40.6% during the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after acquiring an additional 1,279,002 shares during the period. Senvest Management LLC increased its stake in shares of Varonis Systems by 406.1% during the 1st quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock worth $31,109,000 after purchasing an additional 1,162,651 shares during the last quarter. Pictet Asset Management Holding SA raised its holdings in shares of Varonis Systems by 99.1% in 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. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Varonis Systems by 218.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock worth $30,262,000 after purchasing an additional 966,817 shares during the period. Institutional investors own 95.65% of the company’s stock.

Analyst Upgrades and Downgrades

VRNS has been the topic of several research analyst reports. Wedbush reiterated an “outperform” rating and issued a $37.00 price objective on shares of Varonis Systems in a research note on Wednesday, June 24th. B. Riley Financial boosted their target price on Varonis Systems from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Barclays lowered their target price on Varonis Systems from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Rosenblatt Securities reiterated a “buy” rating and set a $55.00 price target on shares of Varonis Systems in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 30th. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $49.05.

Varonis Systems Stock Up 5.2%

Varonis Systems stock opened at $43.32 on Wednesday. The firm has a 50 day simple moving average of $39.65 and a 200 day simple moving average of $30.77. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.02. Varonis Systems, Inc. has a 1-year low of $19.70 and a 1-year high of $63.90. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of -35.22 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The firm had revenue of $180.02 million for the quarter, compared to the consensus estimate of $176.83 million. During the same quarter in the prior year, the business posted $0.03 earnings per share. The business’s quarterly revenue was up 18.3% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. On average, analysts predict that Varonis Systems, Inc. will post -0.97 earnings per share for the current year.

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.