Oberweis Asset Management INC Raised Varonis Sys INC (VRNS) Position by $5.21 Million as Stock Value Rose

May 16, 2018 - By Sophie Menendez

Varonis Systems, Inc. (NASDAQ:VRNS) LogoInvestors sentiment decreased to 1.6 in 2017 Q4. Its down 0.12, from 1.72 in 2017Q3. It worsened, as 15 investors sold VRNS shares while 48 reduced holdings. 46 funds opened positions while 55 raised stakes. 22.34 million shares or 2.79% more from 21.73 million shares in 2017Q3 were reported. Nuveen Asset Mgmt Ltd Liability Corp reported 0.02% in Varonis Systems, Inc. (NASDAQ:VRNS). The Massachusetts-based Bogle Management Limited Partnership De has invested 0.63% in Varonis Systems, Inc. (NASDAQ:VRNS). Morgan Stanley owns 84,653 shares or 0% of their US portfolio. 5,066 were reported by Brinker. Picton Mahoney Asset Mgmt has 0.32% invested in Varonis Systems, Inc. (NASDAQ:VRNS). Timpani Management Ltd Limited Liability Company invested in 137,082 shares or 2.39% of the stock. Perigon Wealth Mngmt Ltd holds 310 shares. Raymond James Assoc invested 0.01% of its portfolio in Varonis Systems, Inc. (NASDAQ:VRNS). Paw Capital Corporation holds 3.82% or 62,500 shares. Alliancebernstein Limited Partnership holds 0% or 27,800 shares. Menta Capital Lc owns 26,076 shares. 151,026 were accumulated by Eagle Asset Management Incorporated. Polar Limited Liability Partnership reported 0.04% stake. Gsa Cap Prns Llp holds 0.02% or 5,476 shares. Quantbot LP has invested 0.08% in Varonis Systems, Inc. (NASDAQ:VRNS).

Since January 3, 2018, it had 0 insider buys, and 8 insider sales for $13.89 million activity. 17,500 shares valued at $1.01M were sold by Bass David on Tuesday, March 13. The insider O’Boyle James sold 35,000 shares worth $1.99M. $988,840 worth of Varonis Systems, Inc. (NASDAQ:VRNS) shares were sold by Iohan Gili. Melamed Guy also sold $43,908 worth of Varonis Systems, Inc. (NASDAQ:VRNS) shares. COMOLLI KEVIN E sold $2.95M worth of Varonis Systems, Inc. (NASDAQ:VRNS) on Tuesday, March 6.

Oberweis Asset Management Inc increased its stake in Varonis Sys Inc. (VRNS) by 138.15% based on its latest 2017Q4 regulatory filing with the SEC. Oberweis Asset Management Inc bought 108,585 shares as the company’s stock rose 23.96% while stock markets declined. The institutional investor held 187,185 shares of the technology company at the end of 2017Q4, valued at $9.09M, up from 78,600 at the end of the previous reported quarter. Oberweis Asset Management Inc who had been investing in Varonis Sys Inc. for a number of months, seems to be bullish on the $2.10 billion market cap company. The stock increased 0.62% or $0.45 during the last trading session, reaching $73.15. About 121,768 shares traded. Varonis Systems, Inc. (NASDAQ:VRNS) has risen 92.87% since May 16, 2017 and is uptrending. It has outperformed by 81.32% the S&P500.

Oberweis Asset Management Inc, which manages about $1.10B and $427.54 million US Long portfolio, decreased its stake in Rogers Corp. (NYSE:ROG) by 31,470 shares to 73,455 shares, valued at $11.89M in 2017Q4, according to the filing.

More notable recent Varonis Systems, Inc. (NASDAQ:VRNS) news were published by: Globenewswire.com which released: “Varonis Announces First Quarter 2018 Financial Results” on April 30, 2018, also Seekingalpha.com with their article: “Varonis Systems’ (VRNS) CEO Yaki Faitelson on Q1 2018 Results – Earnings Call Transcript” published on May 01, 2018, Nasdaq.com published: “Media Alert: Varonis Demos Latest Products and Presents Insights on Data-Centric Security at Dell Technologies World …” on April 26, 2018. More interesting news about Varonis Systems, Inc. (NASDAQ:VRNS) were released by: Globenewswire.com and their article: “Varonis to Present at May Investor Conferences” published on May 01, 2018 as well as Streetinsider.com‘s news article titled: “Varonis Systems (VRNS) PT Raised to $80 at Needham & Company; Biggest Beneficiary of GDPR Legislation” with publication date: April 23, 2018.

Varonis Systems, Inc. (NASDAQ:VRNS) Ratings Coverage

Among 11 analysts covering Varonis Systems (NASDAQ:VRNS), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Varonis Systems had 24 analyst reports since December 5, 2017 according to SRatingsIntel. The firm earned “Market Outperform” rating on Tuesday, February 13 by JMP Securities. Oppenheimer maintained it with “Buy” rating and $57.0 target in Wednesday, December 13 report. On Wednesday, April 11 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Varonis Systems, Inc. (NASDAQ:VRNS) has “Equal-Weight” rating given on Tuesday, May 1 by Morgan Stanley. The firm has “Buy” rating by Needham given on Monday, April 23. The stock has “Buy” rating by Stephens on Friday, January 12. Imperial Capital maintained Varonis Systems, Inc. (NASDAQ:VRNS) on Wednesday, March 14 with “Outperform” rating. Stifel Nicolaus maintained it with “Buy” rating and $60.0 target in Tuesday, February 13 report. The company was maintained on Tuesday, February 13 by RBC Capital Markets. JMP Securities maintained it with “Market Outperform” rating and $71 target in Tuesday, May 1 report.

Varonis Systems, Inc. (NASDAQ:VRNS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: