The Manufacturers Life Insurance Company Sells 833,712 Shares of Varonis Systems, Inc. $VRNS

Posted by George Bondi on Aug 12th, 2026

The Manufacturers Life Insurance Company reduced its stake in Varonis Systems, Inc. (NASDAQ:VRNS – Free Report) by 93.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,001 shares of the technology company’s stock after selling 833,712 shares during the period. The Manufacturers Life Insurance Company’s holdings in Varonis Systems were worth $1,159,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of VRNS. Signaturefd LLC boosted its stake in Varonis Systems by 47.8% in the 4th 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. Empowered Funds LLC bought a new stake in Varonis Systems during the 4th quarter valued at about $37,000. Fifth Third Bancorp raised its holdings in Varonis Systems by 10,694.1% in the first quarter. Fifth Third Bancorp now owns 1,835 shares of the technology company’s stock worth $39,000 after buying an additional 1,818 shares during the last quarter. First Horizon Corp lifted its stake in shares of Varonis Systems by 121.7% in the fourth quarter. First Horizon Corp now owns 1,740 shares of the technology company’s stock worth $57,000 after buying an additional 955 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Varonis Systems by 344.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,213 shares of the technology company’s stock worth $62,000 after buying 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 Down 0.8%

Shares of Varonis Systems stock opened at $42.11 on Wednesday. The company has a market cap of $4.84 billion, a price-to-earnings ratio of -34.24 and a beta of 0.83. The company’s 50 day moving average is $40.56 and its 200 day moving average is $31.10. Varonis Systems, Inc. has a twelve month low of $19.70 and a twelve month high of $63.90. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.02.

Varonis Systems (NASDAQ:VRNS – Get Free Report) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The company had revenue of $180.02 million for the quarter, compared to analysts’ expectations of $176.83 million. During the same quarter last year, the company posted $0.03 earnings per share. The firm’s quarterly revenue was up 18.3% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. Research analysts anticipate that Varonis Systems, Inc. will post -0.97 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. B. Riley Financial raised their price target on shares of Varonis Systems from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, July 24th. New Street Research reiterated a “buy” rating on shares of Varonis Systems in a research note on Wednesday, July 29th. TD Cowen lifted their target price on Varonis Systems from $50.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Robert W. Baird boosted their price target on Varonis Systems from $40.00 to $45.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Finally, Barclays lowered their price target on Varonis Systems from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Varonis Systems currently has a consensus rating of “Moderate Buy” and an average target price of $49.05.

Get Our Latest Stock Analysis on VRNS

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.