Banque Cantonale Vaudoise Raises Position in Varonis Systems, Inc. $VRNS

Banque Cantonale Vaudoise raised its stake in Varonis Systems, Inc. (NASDAQ:VRNS) by 37.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 72,453 shares of the technology company’s stock after buying an additional 19,686 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Varonis Systems were worth $2,376,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allworth Financial LP raised its stake in shares of Varonis Systems by 201.3% in the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock worth $40,000 after purchasing an additional 463 shares during the last quarter. Neo Ivy Capital Management purchased a new stake in shares of Varonis Systems in the third quarter worth approximately $42,000. Westside Investment Management Inc. increased its position in shares of Varonis Systems by 100.0% during the third quarter. Westside Investment Management Inc. now owns 844 shares of the technology company’s stock valued at $49,000 after acquiring an additional 422 shares during the last quarter. Signaturefd LLC increased 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 valued at $33,000 after acquiring an additional 322 shares during the last quarter. Finally, CI Investments Inc. increased 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 valued at $60,000 after acquiring an additional 343 shares during the last quarter. 95.65% of the stock is owned by hedge funds and other institutional investors.

Varonis Systems Stock Performance

NASDAQ:VRNS opened at $30.66 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69. The business has a fifty day simple moving average of $24.74 and a two-hundred day simple moving average of $28.60. Varonis Systems, Inc. has a 1 year low of $19.70 and a 1 year high of $63.90. The company has a market capitalization of $3.52 billion, a P/E ratio of -26.89 and a beta of 0.80.

Varonis Systems (NASDAQ:VRNS) last released its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business had revenue of $173.13 million during the quarter, compared to the consensus estimate of $165.52 million. The firm’s quarterly revenue 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, analysts expect that Varonis Systems, Inc. will post -1.05 earnings per share for the current year.

Analysts Set New Price Targets

VRNS has been the subject of a number of research analyst reports. Wedbush increased their price target on Varonis Systems from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Truist Financial decreased their price target on Varonis Systems from $42.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. B. Riley Financial decreased their price target on Varonis Systems from $58.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Wells Fargo & Company increased their price target on Varonis Systems from $28.00 to $35.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada increased their price target on Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $41.35.

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.