Cantor Fitzgerald Comments on Varonis Systems FY2025 Earnings

Varonis Systems, Inc. (NASDAQ:VRNS) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Varonis Systems in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the technology company will post earnings of ($0.69) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $60.00 price objective on the stock. The consensus estimate for Varonis Systems’ current full-year earnings is ($0.70) per share.

A number of other research analysts have also commented on the stock. Citigroup decreased their price target on shares of Varonis Systems from $57.00 to $46.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Robert W. Baird upped their target price on Varonis Systems from $60.00 to $62.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Piper Sandler dropped their price target on Varonis Systems from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, January 6th. UBS Group upped their price objective on Varonis Systems from $63.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, Jefferies Financial Group reduced their target price on shares of Varonis Systems from $60.00 to $50.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Five investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.44.

Varonis Systems Stock Up 2.9 %

NASDAQ:VRNS opened at $45.48 on Wednesday. The firm’s fifty day moving average price is $47.41 and its two-hundred day moving average price is $51.60. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.05. Varonis Systems has a one year low of $41.13 and a one year high of $60.58.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, October 29th. The technology company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. Varonis Systems had a negative return on equity of 17.58% and a negative net margin of 15.31%. The business had revenue of $148.07 million for the quarter, compared to analyst estimates of $141.62 million. During the same period in the previous year, the firm earned ($0.22) EPS. The firm’s revenue was up 21.1% compared to the same quarter last year.

Insider Activity at Varonis Systems

In other Varonis Systems news, CFO Guy Melamed sold 91,345 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $53.70, for a total value of $4,905,226.50. Following the completion of the transaction, the chief financial officer now owns 504,598 shares of the company’s stock, valued at $27,096,912.60. This represents a 15.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in Varonis Systems by 445.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 518 shares of the technology company’s stock worth $29,000 after buying an additional 423 shares during the period. International Assets Investment Management LLC increased its position in Varonis Systems by 5,550.0% during the 3rd quarter. International Assets Investment Management LLC now owns 2,486 shares of the technology company’s stock valued at $140,000 after purchasing an additional 2,442 shares during the period. KBC Group NV raised its holdings in Varonis Systems by 25.5% during the 3rd quarter. KBC Group NV now owns 3,263 shares of the technology company’s stock worth $184,000 after purchasing an additional 663 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of Varonis Systems in the 3rd quarter valued at $184,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of Varonis Systems during the second quarter worth $215,000. Institutional investors and hedge funds own 95.65% of the company’s stock.

Varonis Systems Company Profile

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.