Compass Wealth Management LLC Sells 30,815 Shares of Varonis Systems, Inc. $VRNS

Compass Wealth Management LLC decreased its holdings in shares of Varonis Systems, Inc. (NASDAQ:VRNS) by 32.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,278 shares of the technology company’s stock after selling 30,815 shares during the period. Compass Wealth Management LLC owned 0.05% of Varonis Systems worth $2,108,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Signaturefd LLC grew its holdings in shares of Varonis Systems by 47.8% during the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after acquiring an additional 322 shares during the period. Allworth Financial LP grew its holdings in shares of Varonis Systems by 201.3% during the 3rd quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock worth $40,000 after acquiring an additional 463 shares during the period. Neo Ivy Capital Management purchased a new position in shares of Varonis Systems during the 3rd quarter worth approximately $42,000. First Horizon Corp grew its holdings in shares of Varonis Systems by 121.7% during the 4th quarter. First Horizon Corp now owns 1,740 shares of the technology company’s stock worth $57,000 after acquiring an additional 955 shares during the period. Finally, CI Investments Inc. grew its holdings in shares of Varonis Systems by 48.5% during the 3rd quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock worth $60,000 after acquiring an additional 343 shares during the period. Institutional investors own 95.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VRNS. Needham & Company LLC upped their target price on Varonis Systems from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. William Blair reiterated a “market perform” rating on shares of Varonis Systems in a report on Monday, March 23rd. Susquehanna upped their target price on Varonis Systems from $30.00 to $36.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Royal Bank Of Canada upped their target price on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Finally, Citigroup upped their target price on Varonis Systems from $28.00 to $30.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $41.35.

Varonis Systems Stock Performance

VRNS stock opened at $32.90 on Thursday. The company has a market cap of $3.78 billion, a P/E ratio of -28.86 and a beta of 0.89. Varonis Systems, Inc. has a 1 year low of $19.70 and a 1 year high of $63.90. 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 stock’s fifty day moving average price is $27.43 and its 200-day moving average price is $28.47.

Varonis Systems (NASDAQ:VRNS) last released its quarterly 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. 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 return on equity of 20.27% and a negative net margin of 19.75%.The firm’s revenue for the quarter 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. On average, equities analysts forecast that Varonis Systems, Inc. will post -1.04 earnings per share for the current 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.