Clearbridge Investments LLC Raises Position in Varonis Systems, Inc. $VRNS

by · The Markets Daily

Clearbridge Investments LLC increased its stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS – Free Report) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,544,180 shares of the technology company’s stock after buying an additional 273,781 shares during the period. Clearbridge Investments LLC’s holdings in Varonis Systems were worth $83,449,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VRNS. Pictet Asset Management Holding SA boosted its holdings in Varonis Systems by 99.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock worth $71,480,000 after buying an additional 1,084,267 shares in the last quarter. Norges Bank purchased a new stake in Varonis Systems during the fourth quarter worth about $28,811,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Varonis Systems by 166.7% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock worth $78,159,000 after buying an additional 850,000 shares in the last quarter. Vanguard Group Inc. boosted its holdings in 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 buying an additional 822,925 shares in the last quarter. Finally, Atreides Management LP purchased a new stake in Varonis Systems during the third quarter worth about $37,839,000. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems Stock Performance

Shares of VRNS opened at $33.04 on Tuesday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The stock has a market cap of $3.79 billion, a P/E ratio of -28.98 and a beta of 0.89. The company has a 50-day moving average of $26.97 and a two-hundred day moving average of $28.45. Varonis Systems, Inc. has a 12-month low of $19.70 and a 12-month high of $63.90.

Varonis Systems (NASDAQ:VRNS – Get Free Report) last announced 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. The company had revenue of $173.13 million during the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The company’s revenue 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. As a group, research analysts predict that Varonis Systems, Inc. will post -1.04 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on VRNS shares. KeyCorp started coverage on shares of Varonis Systems in a report on Tuesday, May 26th. They set a “sector weight” rating on the stock. DA Davidson boosted their price objective on shares of Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. UBS Group boosted their price objective on shares of Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company boosted their price objective 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. Finally, Susquehanna lifted their target price on shares of Varonis Systems from $30.00 to $36.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. One investment 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.35.

Check Out Our Latest Research Report on Varonis Systems

Varonis Systems Company Profile

(Free Report)

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.

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