Varonis Systems, Inc. $VRNS Shares Sold by Squarepoint Ops LLC

Squarepoint Ops LLC trimmed its holdings in Varonis Systems, Inc. (NASDAQ:VRNS) by 96.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,000 shares of the technology company’s stock after selling 797,569 shares during the quarter. Squarepoint Ops LLC’s holdings in Varonis Systems were worth $1,624,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VRNS. Goldman Sachs Group Inc. grew its stake in shares of Varonis Systems by 26.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,084,830 shares of the technology company’s stock worth $165,231,000 after purchasing an additional 848,408 shares in the last quarter. First Trust Advisors LP lifted its holdings in Varonis Systems by 5.5% in the second quarter. First Trust Advisors LP now owns 2,917,391 shares of the technology company’s stock worth $148,058,000 after purchasing an additional 152,477 shares during the period. RGM Capital LLC lifted its holdings in Varonis Systems by 45.5% in the first quarter. RGM Capital LLC now owns 2,706,531 shares of the technology company’s stock worth $109,479,000 after purchasing an additional 846,475 shares during the period. Geode Capital Management LLC grew its position in Varonis Systems by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,670,343 shares of the technology company’s stock valued at $135,537,000 after buying an additional 7,342 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in Varonis Systems by 98.6% during the 1st quarter. Voya Investment Management LLC now owns 2,321,317 shares of the technology company’s stock valued at $93,897,000 after buying an additional 1,152,687 shares during the period. Institutional investors own 95.65% of the company’s stock.

Varonis Systems Trading Up 0.5%

Shares of NASDAQ VRNS opened at $33.42 on Friday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.75. Varonis Systems, Inc. has a 12 month low of $30.02 and a 12 month high of $63.90. The company has a market cap of $3.94 billion, a price-to-earnings ratio of -32.76 and a beta of 0.64. The business has a fifty day simple moving average of $40.00 and a 200-day simple moving average of $49.62.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Varonis Systems had a negative return on equity of 21.91% and a negative net margin of 18.82%.The firm had revenue of $161.58 million for the quarter, compared to the consensus estimate of $166.47 million. During the same quarter in the previous year, the company earned $0.10 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. Sell-side analysts predict that Varonis Systems, Inc. will post -0.83 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Zacks Research raised shares of Varonis Systems from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. TD Cowen boosted their target price on Varonis Systems from $62.00 to $68.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Wedbush restated an “outperform” rating and issued a $65.00 target price on shares of Varonis Systems in a research report on Wednesday, September 3rd. Baird R W cut Varonis Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 29th. Finally, Susquehanna cut their price objective on Varonis Systems from $65.00 to $50.00 and set a “positive” rating for the company in a report on Wednesday, October 29th. Sixteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $59.79.

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.