Varonis Systems, Inc. (NASDAQ:VRNS) Receives $65.44 Consensus PT from Analysts

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have earned an average recommendation of “Moderate Buy” from the twenty-two analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $60.7368.

A number of analysts recently weighed in on the stock. TD Cowen upped their target price on shares of Varonis Systems from $62.00 to $68.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Zacks Research lowered shares of Varonis Systems from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. Wedbush reaffirmed an “outperform” rating and set a $65.00 target price on shares of Varonis Systems in a report on Wednesday, September 3rd. Piper Sandler decreased their target price on shares of Varonis Systems from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Morgan Stanley upped their target price on shares of Varonis Systems from $59.00 to $66.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd.

Insider Buying and Selling

In other Varonis Systems news, CFO Guy Melamed sold 42,705 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $57.72, for a total value of $2,464,932.60. Following the completion of the transaction, the chief financial officer owned 427,897 shares of the company’s stock, valued at $24,698,214.84. The trade was a 9.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 58,497 shares of company stock valued at $3,405,081. 2.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Varonis Systems

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bessemer Group Inc. grew its stake in Varonis Systems by 179.1% in the 2nd quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock worth $25,000 after buying an additional 317 shares in the last quarter. First Horizon Corp purchased a new stake in shares of Varonis Systems in the 3rd quarter valued at $45,000. Farther Finance Advisors LLC boosted its stake in shares of Varonis Systems by 1,062.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,058 shares of the technology company’s stock valued at $61,000 after purchasing an additional 967 shares in the last quarter. Quarry LP boosted its stake in shares of Varonis Systems by 31.8% in the 1st quarter. Quarry LP now owns 1,082 shares of the technology company’s stock valued at $44,000 after purchasing an additional 261 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Varonis Systems by 344.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,213 shares of the technology company’s stock valued at $62,000 after purchasing an additional 940 shares in the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems Stock Performance

NASDAQ VRNS opened at $35.00 on Tuesday. The company’s 50 day moving average is $58.16 and its 200-day moving average is $52.42. Varonis Systems has a 12-month low of $32.02 and a 12-month high of $63.90. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.32. The firm has a market cap of $3.92 billion, a P/E ratio of -34.31 and a beta of 0.64.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, October 28th. The technology company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. The business had revenue of $161.58 million for the quarter, compared to analyst estimates of $166.47 million. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 24.97%. Varonis Systems’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 EPS. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. Sell-side analysts predict that Varonis Systems will post -0.83 earnings per share for the current year.

About Varonis Systems

Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.