SG Americas Securities LLC Boosts Position in Varonis Systems, Inc. $VRNS

SG Americas Securities LLC raised its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 492.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,014 shares of the technology company’s stock after buying an additional 120,523 shares during the period. SG Americas Securities LLC owned about 0.12% of Varonis Systems worth $4,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Hodges Capital Management Inc. increased its holdings in Varonis Systems by 146.3% during the 3rd quarter. Hodges Capital Management Inc. now owns 126,450 shares of the technology company’s stock worth $7,267,000 after purchasing an additional 75,120 shares during the period. Readystate Asset Management LP purchased a new stake in shares of Varonis Systems in the 3rd quarter worth $13,731,000. Assenagon Asset Management S.A. bought a new position in shares of Varonis Systems during the 3rd quarter worth $9,496,000. Allspring Global Investments Holdings LLC increased its stake in shares of Varonis Systems by 69.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,646,351 shares of the technology company’s stock valued at $95,192,000 after buying an additional 674,807 shares during the period. Finally, AustralianSuper Pty Ltd increased its stake in shares of Varonis Systems by 29.6% during the third quarter. AustralianSuper Pty Ltd now owns 602,379 shares of the technology company’s stock valued at $34,619,000 after buying an additional 137,713 shares during the period. 95.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Varonis Systems

In other news, EVP David Bass purchased 2,980 shares of the business’s stock in a transaction on Monday, February 9th. The shares were acquired at an average cost of $23.47 per share, with a total value of $69,940.60. Following the completion of the acquisition, the executive vice president owned 1,042,924 shares of the company’s stock, valued at $24,477,426.28. This trade represents a 0.29% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Avrohom J. Kess purchased 17,800 shares of Varonis Systems stock in a transaction dated Friday, February 6th. The shares were acquired at an average cost of $22.29 per share, for a total transaction of $396,762.00. Following the completion of the transaction, the director owned 49,403 shares of the company’s stock, valued at approximately $1,101,192.87. This represents a 56.32% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 25,780 shares of company stock worth $579,403 over the last three months. Corporate insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on VRNS shares. Citigroup lowered their price objective on shares of Varonis Systems from $37.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Varonis Systems in a report on Wednesday, January 21st. Stephens assumed coverage on shares of Varonis Systems in a research report on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price target for the company. JPMorgan Chase & Co. dropped their price objective on shares of Varonis Systems from $50.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Finally, Barclays cut their price objective on shares of Varonis Systems from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fourteen 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, Varonis Systems has an average rating of “Moderate Buy” and an average target price of $42.79.

Varonis Systems Price Performance

VRNS opened at $21.74 on Thursday. The firm has a market capitalization of $2.55 billion, a PE ratio of -19.07 and a beta of 0.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.97 and a quick ratio of 1.97. The business’s 50-day moving average is $25.17 and its two-hundred day moving average is $36.48. Varonis Systems, Inc. has a 1 year low of $20.06 and a 1 year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The business had revenue of $173.37 million for the quarter, compared to analysts’ expectations of $168.66 million. During the same period last year, the business earned $0.18 EPS. The company’s revenue was up 9.4% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.060-0.100 EPS and its Q1 2026 guidance at -0.060–0.050 EPS. Research analysts anticipate that Varonis Systems, Inc. will post -0.83 earnings per share 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.