EVR Research LP Acquires New Shares in Varonis Systems, Inc. $VRNS

EVR Research LP acquired a new stake in Varonis Systems, Inc. (NASDAQ:VRNS) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 85,000 shares of the technology company’s stock, valued at approximately $2,788,000. Varonis Systems comprises approximately 1.5% of EVR Research LP’s holdings, making the stock its 22nd largest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Allworth Financial LP raised its holdings 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 valued at $40,000 after acquiring an additional 463 shares in the last quarter. Neo Ivy Capital Management bought a new position in Varonis Systems in the third quarter worth about $42,000. Signaturefd LLC raised its holdings in Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after purchasing an additional 322 shares in the last quarter. CI Investments Inc. raised its holdings in Varonis Systems by 48.5% in the third quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock worth $60,000 after purchasing an additional 343 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in Varonis Systems in the fourth quarter worth about $37,000. 95.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. William Blair reiterated a “market perform” rating on shares of Varonis Systems in a report on Monday, March 23rd. JPMorgan Chase & Co. boosted 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. Barclays boosted their target price on shares of Varonis Systems from $28.00 to $33.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Stephens boosted their target price on shares of Varonis Systems from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 29th. Finally, Wells Fargo & Company boosted their target price on shares of Varonis Systems from $28.00 to $35.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have given 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 a consensus price target of $41.35.

Varonis Systems Price Performance

Shares of VRNS stock opened at $33.08 on Thursday. Varonis Systems, Inc. has a fifty-two week low of $19.70 and a fifty-two week high of $63.90. The firm has a market capitalization of $3.80 billion, a price-to-earnings ratio of -29.02 and a beta of 0.89. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.69 and a current ratio of 1.69. The stock’s 50-day simple moving average is $28.54 and its 200-day simple moving average is $28.52.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share 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 for the quarter, compared to analyst estimates of $165.52 million. The business’s 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. As a group, equities analysts forecast that Varonis Systems, Inc. will post -1.04 earnings per share for the current fiscal 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.