SBI Okasan Asset Management Co.Ltd. Acquires New Holdings in Varonis Systems, Inc. $VRNS

Posted by Brian Himes on May 30th, 2026

SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Varonis Systems, Inc. (NASDAQ:VRNS – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,700 shares of the technology company’s stock, valued at approximately $523,000.

A number of other hedge funds have also recently bought and sold shares of the company. Arizona State Retirement System grew its holdings in Varonis Systems by 0.9% during the third quarter. Arizona State Retirement System now owns 33,114 shares of the technology company’s stock worth $1,903,000 after acquiring an additional 287 shares during the period. Signaturefd LLC grew its holdings in Varonis Systems by 47.8% during the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after acquiring an additional 322 shares during the period. Savant Capital LLC grew its holdings in Varonis Systems by 1.7% during the third quarter. Savant Capital LLC now owns 20,016 shares of the technology company’s stock worth $1,150,000 after acquiring an additional 339 shares during the period. CI Investments Inc. grew its holdings in Varonis Systems by 48.5% during the third quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock worth $60,000 after acquiring an additional 343 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in Varonis Systems by 28.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,561 shares of the technology company’s stock worth $90,000 after purchasing an additional 348 shares in the last quarter. 95.65% of the stock is owned by institutional investors and hedge funds.

Varonis Systems News Summary

Here are the key news stories impacting Varonis Systems this week:

Positive Sentiment: Varonis’ latest quarterly results beat expectations, with EPS of $0.06 versus the consensus loss estimate and revenue of $173.13 million above forecasts, reinforcing confidence in the company’s growth trend.
Positive Sentiment: Revenue rose 26.9% year over year, which may be encouraging investors that demand for Varonis’ data security software remains strong.
Neutral Sentiment: KeyCorp initiated and repeated coverage with a Sector Weight rating, signaling a hold-style stance rather than a strong bullish or bearish view.
Neutral Sentiment: KeyCorp’s new estimates imply continued losses through 2026-2028, but the forecast profile is broadly in line with the market’s expectation that Varonis will remain unprofitable for some time.
Positive Sentiment: The company also provided FY2026 and Q2 2026 guidance, which likely helped investors focus on management’s outlook for continued progress after the better-than-expected quarter.

Varonis Systems Stock Performance

Shares of NASDAQ VRNS opened at $34.15 on Friday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. The business’s 50 day moving average is $25.61 and its two-hundred day moving average is $28.50. The company has a market cap of $3.92 billion, a P/E ratio of -29.96 and a beta of 0.80. 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 issued its earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. The business had revenue of $173.13 million during the quarter, compared to analyst estimates of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The firm’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. On average, equities analysts expect that Varonis Systems, Inc. will post -1.04 EPS for the current year.

Analyst Upgrades and Downgrades

VRNS has been the topic of a number of analyst reports. Needham & Company LLC lifted their price target on Varonis Systems from $30.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. KeyCorp assumed coverage on Varonis Systems in a research note on Tuesday. They set a “sector weight” rating on the stock. Cantor Fitzgerald lowered their target price on Varonis Systems from $50.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Royal Bank Of Canada lifted their target price on Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, Rosenblatt Securities assumed coverage on Varonis Systems in a research note on Tuesday, May 12th. They set a “buy” rating and a $40.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Varonis Systems has a consensus rating of “Moderate Buy” and a consensus target price of $41.35.

Get Our Latest Stock 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.