Key Points
- Director Avrohom Kess bought 17,800 Varonis shares at an average price of $22.29 (total $396,762), boosting his direct stake to 49,403 shares — a 56.32% increase, disclosed in an SEC filing.
- Varonis beat Q4 estimates with EPS of $0.08 (vs. $0.03 est.) and revenue of $173.37M (+9.4% YoY), but issued FY2026 guidance of $0.060–0.100 EPS and Q1 guidance of -0.060 to -0.050, while sell‑side analysts expect -0.83 EPS for the current year.
- The company faces a securities class action alleging it misled investors about converting on‑premise customers to SaaS, posing potential legal, financial and reputational risks.
Varonis Systems, Inc. (NASDAQ:VRNS - Get Free Report) EVP David Bass acquired 2,980 shares of the firm's stock in a transaction on Monday, February 9th. The shares were bought at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the completion of the acquisition, the executive vice president owned 1,042,924 shares of the company's stock, valued at approximately $24,477,426.28. This represents a 0.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Varonis Systems Stock Up 2.5%
VRNS opened at $26.26 on Wednesday. The company has a market cap of $3.08 billion, a PE ratio of -23.04 and a beta of 0.58. Varonis Systems, Inc. has a twelve month low of $20.06 and a twelve month high of $63.90. The company has a 50-day moving average price of $32.16 and a 200 day moving average price of $44.76. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.76.
Varonis Systems (NASDAQ:VRNS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. The company had revenue of $173.37 million during the quarter, compared to analyst estimates of $168.66 million. Varonis Systems had a negative return on equity of 22.95% and a negative net margin of 20.74%.Varonis Systems's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.18 EPS. Varonis Systems has set its FY 2026 guidance at 0.060-0.100 EPS and its Q1 2026 guidance at -0.060--0.050 EPS. Sell-side analysts expect that Varonis Systems, Inc. will post -0.83 earnings per share for the current fiscal year.
Varonis Systems News Summary
Here are the key news stories impacting Varonis Systems this week:
- Positive Sentiment: Analysts pushed stronger ratings and commentary following Varonis’s recent results and investor call, driving buying interest amid optimism about the company’s recovery and recurring‑revenue outlook. Varonis (VRNS) Jumps 13% on Upbeat Ratings
- Neutral Sentiment: Analysts and market writers are parsing the Q4 earnings call (questions on SaaS conversion, churn and guidance) — useful detail for assessing revenue sustainability but not a definitive catalyst by itself. 5 Must-Read Analyst Questions From Varonis Systems’s Q4 Earnings Call
- Neutral Sentiment: Additional analyst writeups offer context on the company’s SaaS transition and financial profile; these pieces help investors frame risk/reward but don’t replace primary financials. Analysts Offer Insights on Technology Companies: Shoals Technologies Group (SHLS) and Varonis Systems (VRNS)
- Negative Sentiment: A large number of plaintiff‑law firms have issued notices and filed a securities class action alleging Varonis misled investors about its ability to convert legacy on‑premise customers to SaaS; firms (Hagens Berman, Kessler Topaz, Rosen, Faruqi, Robbins Geller, Schall, and many others) are soliciting lead‑plaintiff applicants ahead of a March 9, 2026 deadline — this creates legal, financial and reputational risk that could weigh on the stock. INVESTOR ALERT: Varonis Systems (VRNS) Investors Have Opportunity To Lead Varonis Securities Class Action
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on VRNS shares. B. Riley Securities lowered their target price on shares of Varonis Systems from $58.00 to $45.00 and set a "buy" rating on the stock in a research note on Wednesday, February 4th. B. Riley Financial dropped their price objective on shares of Varonis Systems from $58.00 to $45.00 and set a "buy" rating for the company in a research note on Wednesday, February 4th. Morgan Stanley reissued an "equal weight" rating and issued a $41.00 target price (down from $44.00) on shares of Varonis Systems in a research note on Monday, January 26th. Truist Financial dropped their price target on Varonis Systems from $42.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, February 4th. Finally, Cantor Fitzgerald reduced their price objective on Varonis Systems from $50.00 to $35.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 4th. Seventeen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $45.24.
Read Our Latest Stock Report on VRNS
Institutional Trading of Varonis Systems
Several institutional investors have recently made changes to their positions in the company. Bessemer Group Inc. raised its position in Varonis Systems by 179.1% in the second quarter. Bessemer Group Inc. now owns 494 shares of the technology company's stock valued at $25,000 after purchasing an additional 317 shares during the period. Allworth Financial LP increased its position in shares of Varonis Systems by 201.3% during the 3rd quarter. Allworth Financial LP now owns 693 shares of the technology company's stock worth $40,000 after purchasing an additional 463 shares during the last quarter. Neo Ivy Capital Management purchased a new stake in Varonis Systems in the 3rd quarter valued at about $42,000. First Horizon Corp acquired a new position in Varonis Systems in the third quarter valued at about $45,000. Finally, Westside Investment Management Inc. lifted its position in Varonis Systems by 100.0% in the third quarter. Westside Investment Management Inc. now owns 844 shares of the technology company's stock valued at $49,000 after buying an additional 422 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company's stock.
Varonis Systems Company Profile
(
Get 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.
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