Emerald Advisers LLC Reduces Stock Holdings in Varonis Systems, Inc. $VRNS

Emerald Advisers LLC cut its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 4.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 869,021 shares of the technology company’s stock after selling 38,743 shares during the period. Emerald Advisers LLC’s holdings in Varonis Systems were worth $18,658,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fideuram Asset Management Ireland dac purchased a new stake in shares of Varonis Systems during the fourth quarter valued at approximately $2,784,000. Vanguard Group Inc. lifted its position in shares of Varonis Systems by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after purchasing an additional 822,925 shares in the last quarter. Ion Asset Management Ltd. purchased a new position in shares of Varonis Systems in the third quarter valued at $5,172,000. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of Varonis Systems by 127.2% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 732,189 shares of the technology company’s stock valued at $24,016,000 after purchasing an additional 409,966 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in Varonis Systems by 63.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 270,606 shares of the technology company’s stock valued at $8,876,000 after purchasing an additional 105,378 shares in the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Analyst Ratings Changes

VRNS has been the topic of several analyst reports. Weiss Ratings raised shares of Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 30th. Royal Bank Of Canada upped their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. DA Davidson raised their target price on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Wedbush restated an “outperform” rating and set a $37.00 target price on shares of Varonis Systems in a research note on Wednesday, June 24th. Finally, Citigroup lifted their target price on Varonis Systems from $28.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $42.20.

Varonis Systems Stock Up 1.9%

Shares of NASDAQ:VRNS opened at $45.38 on Tuesday. The firm has a market cap of $5.21 billion, a PE ratio of -39.81 and a beta of 0.83. The company has a fifty day simple moving average of $34.61 and a 200 day simple moving average of $29.54. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data 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 firm had revenue of $173.13 million for the quarter, compared to the consensus estimate of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The firm’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. On average, equities research analysts anticipate that Varonis Systems, Inc. will post -1.04 EPS for the current fiscal year.

Varonis Systems Company 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.