Stock events for Varonis Systems, Inc. (VRNS)
Varonis Systems, Inc. (VRNS) stock experienced a 48% single-day plummet on October 28, 2025, following lower-than-expected renewals in Q3 2025, leading to slashed Q4 revenue and full-year ARR guidance. This event is the subject of a pending securities class action lawsuit. The acquisition of AllTrue.ai in early 2026 was viewed positively. Varonis was recognized on CRN's 2026 Security 100 list in February 2026. Over the past year, VRNS has seen a -41.51% change in its stock price, with a 52-week range between $20.06 and $63.90.
Demand Seasonality affecting Varonis Systems, Inc.’s stock price
There appears to be some demand seasonality for Varonis Systems, Inc.'s products and services. The impact of the company's shift to a SaaS model was noted to be more pronounced in Q4 2024 due to seasonality. The ongoing class action lawsuit alleges that Varonis minimized the risk from seasonality and macroeconomic fluctuations, suggesting that these factors can influence demand and financial performance.
Overview of Varonis Systems, Inc.’s business
Varonis Systems, Inc. is a data security company specializing in a cloud-native platform that discovers and classifies critical data, remediates exposures, and detects advanced threats using AI. The Varonis Data Security Platform is a SaaS solution that encompasses data security posture management, data access intelligence, data discovery & classification, a discovery policy library, least privilege automation, data activity monitoring, data detection and response, and user & entity behavior analytics, protecting platforms like Microsoft 365 and others. DatAdvantage Cloud extends protection to IaaS environments and SaaS applications. Protection Packages offer comprehensive security for various environments, while Managed Data Detection and Response (MDDR) provides 24/7 incident response. AI TRiSM, bolstered by the acquisition of AllTrue.ai, focuses on AI Trust, Risk, and Security Management. Varonis serves diverse industries, including financial services, public sector, healthcare, and technology.
VRNS’s Geographic footprint
Varonis Systems, Inc. is headquartered in Miami, Florida, with R&D offices in Herzliya, Israel, and additional global offices. The company has a worldwide presence, serving customers in 95 countries. In Q3 2025, the United States accounted for 72.7% of its revenue, EMEA contributed 20.8%, and the rest of the world made up the remaining 6.5%.
VRNS Corporate Image Assessment
Varonis Systems, Inc. maintains a strong brand reputation within the cybersecurity industry, evidenced by its consistent recognition on prestigious lists such as CRN's Security 100 list. However, the company's reputation has faced challenges due to a pending securities class action lawsuit alleging false impressions regarding the company's revenue outlook and growth.
Ownership
Varonis Systems, Inc. is predominantly owned by institutional shareholders, who hold 96.88% of the stock, while insiders own 43.08%, and retail investors hold 0.00%. Major institutional owners include Vanguard Group Inc. (11.42%) and BlackRock, Inc. (9.56%). The largest individual shareholder is Erez Shachar, owning 10.16% of the company.
