Varonis Systems, Inc. (VRNS)

Varonis' stock price has been impacted by several events in the past six months. In October 2025, the company's stock price declined significantly after Q3 2025 financial results missed consensus revenue estimates and ARR guidance was lowered. In December 2025, Varonis approved a $150 million share buyback program. In January 2026, Piper Sandler upgraded Varonis Systems, while Barclays cut its price objective. The stock jumped after Cantor Fitzgerald maintained an "Overweight" rating. Class action lawsuits were filed against Varonis Systems, Inc., alleging that the company misled investors. Citi adjusted its price target downwards and initiated a "downside 90-day catalyst watch". Varonis insiders have engaged in sales of VRNS stock.

Demand for Varonis Systems' products and services is subject to seasonality. The company's transition to a SaaS model has highlighted this, with the impact of this shift being more pronounced in Q4 2024, leading to a temporary decrease in revenue. Class action lawsuits also mention allegations of minimizing risk from seasonality.

Varonis Systems, Inc. is a cybersecurity company specializing in data security and analytics, offering solutions to protect organizations' sensitive information. The company provides a Data Security Platform that monitors and analyzes data activity across an organization's data estate, leveraging machine learning and behavioral analytics to identify risks, detect threats, and automate remediation. Key products include the Data Security Platform, Data Advantage, Data Privilege, Data Classification Engine, Data Alert, Data Transport Engine, Data Answers, Managed Data Detection and Response (MDDR), and Cloud and SaaS Security. Varonis has integrated Generative AI capabilities into its platform and is transitioning to a SaaS subscription model.

Varonis Systems, Inc. has a global presence with operations in Asia, Europe, Australia, and North America. The company is headquartered in Miami, Florida, U.S., and maintains R&D offices in Herzliya, Israel. The United States market contributes 72.7% of its Q3 2025 revenue, while the EMEA region accounts for 20.8%.

Varonis Systems has maintained a strong brand reputation in the data security space, receiving industry recognition such as being on CRN's Security 100 List for the seventh consecutive year. Its channel partner network and focus on cloud data protection and AI integration contribute to its leadership. However, class-action lawsuits alleging misleading investors could potentially impact its reputation.

Varonis Systems, Inc. is primarily controlled by institutional investors, who own approximately 87.30% to over 95% of the company's stock. Major institutional holders include The Vanguard Group, Inc., BlackRock, Inc., State Street Global Advisors, Inc., Goldman Sachs Asset Management, L.P., and American Capital Management, Inc. Individual insiders hold a smaller stake, ranging from 2.11% to 3.92% of the shares.