Harber Asset Management LLC Acquires Shares of 139,385 Varonis Systems, Inc. $VRNS

Harber Asset Management LLC acquired a new stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 139,385 shares of the technology company’s stock, valued at approximately $4,572,000. Varonis Systems accounts for approximately 1.9% of Harber Asset Management LLC’s investment portfolio, making the stock its 26th largest holding. Harber Asset Management LLC owned 0.12% of Varonis Systems as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of VRNS. Allworth Financial LP lifted its position in shares of Varonis Systems by 201.3% during the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock worth $40,000 after acquiring an additional 463 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Varonis Systems during the third quarter worth $42,000. Signaturefd LLC lifted its position in shares of Varonis Systems by 47.8% during the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after acquiring an additional 322 shares in the last quarter. CI Investments Inc. lifted its position in shares of Varonis Systems by 48.5% during the third quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock worth $60,000 after acquiring an additional 343 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Varonis Systems during the fourth quarter worth $37,000. 95.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. KeyCorp assumed coverage on Varonis Systems in a research report on Tuesday, May 26th. They set a “sector weight” rating on the stock. Stephens increased their target price on Varonis Systems from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Weiss Ratings restated a “sell (e+)” rating on shares of Varonis Systems in a research report on Monday, May 4th. Needham & Company LLC increased their target price on Varonis Systems from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company increased their target price on Varonis Systems from $28.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $41.35.

Varonis Systems Stock Down 0.4%

VRNS opened at $33.34 on Friday. The stock has a market cap of $3.83 billion, a PE ratio of -29.25 and a beta of 0.89. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. Varonis Systems, Inc. has a 52 week low of $19.70 and a 52 week high of $63.90. The business’s fifty day simple moving average is $27.90 and its 200 day simple moving average is $28.52.

Varonis Systems (NASDAQ:VRNS) last released its earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. The business had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business’s quarterly revenue was up 26.9% on a year-over-year basis. 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. As a group, research analysts expect that Varonis Systems, Inc. will post -1.04 earnings per share for the current fiscal 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.