<div id="readability-page-1"><p>Harvey Partners LLC trimmed its position in shares of  Varonis Systems, Inc. (NASDAQ:VRNS - Free Report) by 16.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 388,759 shares of the technology company's stock after selling 74,241 shares during the quarter. Varonis Systems accounts for  1.9% of Harvey Partners LLC's portfolio, making the stock its 23rd largest position. Harvey Partners LLC owned approximately 0.35% of Varonis Systems worth $19,730,000 at the end of the most recent reporting period.</p><ul><li>Cybersecurity Market Set to Double: This ETF Offers Exposure</li></ul><p>Other large investors also recently modified their holdings of the company. Yorktown Management &amp; Research Co Inc acquired a new stake in  Varonis Systems in the 2nd quarter valued at approximately $302,000.  VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of  Varonis Systems during the 2nd quarter worth approximately $418,000.  Connor Clark &amp; Lunn Investment Management Ltd. increased its stake in shares of  Varonis Systems by 3.6% during the 2nd quarter. Connor Clark &amp; Lunn Investment Management Ltd. now owns 293,083 shares of the technology company's stock worth $14,874,000 after purchasing an additional 10,100 shares during the last quarter.  Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of  Varonis Systems by 48.4% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,562 shares of the technology company's stock valued at $638,000 after purchasing an additional 4,097 shares during the period.  Finally, Capital Fund Management S.A. lifted its stake in  Varonis Systems by 31.0% in the 2nd quarter. Capital Fund Management S.A. now owns 306,695 shares of the technology company's stock valued at $15,565,000 after purchasing an additional 72,657 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors. </p><div><p><span></span><span>Get <strong>Varonis Systems</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><p>A number of analysts have recently issued reports on the company. Zacks Research raised Varonis Systems from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, November 11th. Susquehanna cut their price target on Varonis Systems from $65.00 to $50.00 and set a &#34;positive&#34; rating for the company in a report on Wednesday, October 29th. Wedbush  reissued an &#34;outperform&#34; rating and issued a $65.00 price objective on shares of Varonis Systems in a research report on Wednesday, September 3rd. B. Riley started coverage on shares of Varonis Systems in a research note on Tuesday, August 26th. They set a &#34;buy&#34; rating and a $80.00 target price for the company. Finally, Royal Bank Of Canada decreased their price target on shares of Varonis Systems from $72.00 to $60.00 and set an &#34;outperform&#34; rating on the stock in a research note on Wednesday, October 29th. Sixteen research analysts have rated the stock with a Buy rating, five have issued  a Hold rating and one  has given a Sell rating to the company. According to data from MarketBeat.com, Varonis Systems currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $59.79.</p><ul><li>3 Mid-Cap Stocks Turning Heads in AI, Automation, &amp; Cybersecurity</li></ul><p><b>Read Our Latest Stock Report on VRNS</b></p><h2>Varonis Systems Stock Performance</h2><p>NASDAQ:VRNS opened at $33.79 on Friday. The company has a market cap of $3.98 billion, a price-to-earnings ratio of -33.13 and a beta of 0.64. Varonis Systems, Inc. has a fifty-two week low of $30.02 and a fifty-two week high of $63.90. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a fifty day moving average price of $42.86 and a 200-day moving average price of $50.13. </p><ul><li>2 stocks that under-promised and over-delivered on their earnings</li></ul><p>Varonis Systems (NASDAQ:VRNS - Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. The business had revenue of $161.58 million during the quarter, compared to the consensus estimate of $166.47 million. Varonis Systems had a negative return on equity of 21.91% and a negative net margin of 18.82%.Varonis Systems's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.10 earnings per share. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS.  As a group, equities analysts anticipate that  Varonis Systems, Inc. will post -0.83 EPS for the current fiscal year. </p><h2>Varonis Systems Company Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Varonis Systems</li><li>Best Stocks Under $5.00</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li><li>Comparing and Trading High PE Ratio Stocks</li><li>MarketBeat Week in Review – 12/8 - 12/12</li><li>Following Congress Stock Trades</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li></ul><p><strong>Want to see what other hedge funds are holding VRNS?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Varonis Systems, Inc. (NASDAQ:VRNS - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VlJOUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VlJOUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Varonis Systems Right Now?</h2><p>Before you consider Varonis Systems, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Varonis Systems wasn't on the list.</p><p>While Varonis Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VRNS

<p>Harvey Partners LLC reduced its stake in Varonis Systems by 16% in Q2, selling 74,241 shares. Varonis Systems' stock is currently rated as a 'Moderate Buy' with a consensus price target of $59.79. The stock opened at $33.79, with a market cap of $3.98 billion. Analysts forecast Varonis Systems will post -0.83 EPS for the fiscal year.</p>

Harvey Partners LLC Sells 74,241 Shares of Varonis Systems, Inc. $VRNS