Y Intercept Hong Kong Ltd Has $6.07 Million Position in Varonis Systems, Inc. $VRNS

Y Intercept Hong Kong Ltd increased its holdings in Varonis Systems, Inc. (NASDAQ:VRNS) by 160.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 282,767 shares of the technology company’s stock after purchasing an additional 174,036 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.25% of Varonis Systems worth $6,071,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VRNS. Signaturefd LLC raised its holdings in shares of Varonis Systems by 47.8% in the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after buying an additional 322 shares in the last quarter. Empowered Funds LLC acquired a new stake in Varonis Systems in the 4th quarter valued at $37,000. Allworth Financial LP grew its position in Varonis Systems by 201.3% in the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after acquiring an additional 463 shares during the period. Neo Ivy Capital Management bought a new stake in Varonis Systems in the third quarter valued at $42,000. Finally, First Horizon Corp raised its stake in Varonis Systems by 121.7% during the fourth quarter. First Horizon Corp now owns 1,740 shares of the technology company’s stock worth $57,000 after acquiring an additional 955 shares in the last quarter. Institutional investors and hedge funds own 95.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VRNS. Stephens raised Varonis Systems from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $33.00 to $45.00 in a report on Wednesday, June 24th. JPMorgan Chase & Co. upped their target price on shares of Varonis Systems from $38.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Wells Fargo & Company increased their target price on shares of Varonis Systems from $28.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings raised shares of Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. Finally, KeyCorp assumed coverage on shares of Varonis Systems in a research note on Tuesday, May 26th. They set a “sector weight” rating on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.15.

Varonis Systems Stock Performance

VRNS opened at $42.86 on Friday. Varonis Systems, Inc. has a 1-year low of $19.70 and a 1-year high of $63.90. The stock has a market capitalization of $4.92 billion, a PE ratio of -37.60 and a beta of 0.83. 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 firm has a 50-day moving average price of $32.21 and a two-hundred day moving average price of $29.06.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating the consensus estimate 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 net margin of 19.75% and a negative return on equity of 20.27%. Varonis Systems’s revenue for the quarter 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. As a group, equities analysts anticipate that Varonis Systems, Inc. will post -1.04 earnings per share for the current fiscal year.

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.