Stephens Investment Management Group LLC Boosts Stock Position in Varonis Systems, Inc. $VRNS

Stephens Investment Management Group LLC grew its position in Varonis Systems, Inc. (NASDAQ:VRNS) by 17.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,992,760 shares of the technology company’s stock after purchasing an additional 302,411 shares during the period. Stephens Investment Management Group LLC owned approximately 1.74% of Varonis Systems worth $42,785,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Varonis Systems by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock valued at $440,119,000 after buying an additional 822,925 shares during the last quarter. First Trust Advisors LP lifted its stake in Varonis Systems by 40.6% during the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after acquiring an additional 1,279,002 shares during the period. RGM Capital LLC lifted its stake in Varonis Systems by 17.1% during the 4th quarter. RGM Capital LLC now owns 3,160,093 shares of the technology company’s stock valued at $103,651,000 after acquiring an additional 460,580 shares during the period. Pictet Asset Management Holding SA boosted its holdings in shares of Varonis Systems by 43.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock valued at $67,029,000 after acquiring an additional 944,676 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Varonis Systems by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 2,833,180 shares of the technology company’s stock valued at $92,943,000 after acquiring an additional 151,961 shares during the last quarter. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Rosenblatt Securities started coverage on shares of Varonis Systems in a report on Tuesday, May 12th. They set a “buy” rating and a $40.00 target price for the company. Needham & Company LLC upped their price target on shares of Varonis Systems from $36.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Susquehanna increased their price target on Varonis Systems from $30.00 to $36.00 and gave the stock a “positive” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on Varonis Systems from $38.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, KeyCorp assumed coverage on Varonis Systems in a research note on Tuesday, May 26th. They issued a “sector weight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.15.

Varonis Systems Stock Performance

VRNS opened at $42.86 on Friday. The firm has a fifty day moving average price of $32.21 and a 200 day moving average price of $29.06. Varonis Systems, Inc. has a 1 year low of $19.70 and a 1 year high of $63.90. The stock has a market cap of $4.92 billion, a P/E ratio of -37.60 and a beta of 0.83. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, beating 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% 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. Equities research analysts anticipate 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.