Are Analysts Bullish about Varonis Systems, Inc. (NASDAQ:VRNS) after last week?

May 18, 2018 - By Bernice Betts

Varonis Systems, Inc. (NASDAQ:VRNS) LogoInvestors sentiment decreased to 1.6 in Q4 2017. Its down 0.12, from 1.72 in 2017Q3. It dropped, as 15 investors sold Varonis Systems, Inc. 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.
Stanley holds 0.19% in Varonis Systems, Inc. (NASDAQ:VRNS) or 18,585 shares. Morgan Stanley reported 84,653 shares stake. Eam Investors Ltd Limited Liability Company holds 103,956 shares or 0.66% of its portfolio. D E Shaw Inc holds 86,860 shares or 0.01% of its portfolio. Quantbot Technologies L P stated it has 0.08% in Varonis Systems, Inc. (NASDAQ:VRNS). 294,830 are owned by G2 Invest Prtn Mgmt Ltd Liability Co. Northcoast Asset Limited Liability holds 28,564 shares. Parallax Volatility Advisers Lp owns 0% invested in Varonis Systems, Inc. (NASDAQ:VRNS) for 3,024 shares. Moreover, Jacobs Levy Equity has 0.07% invested in Varonis Systems, Inc. (NASDAQ:VRNS) for 84,634 shares. 183 were reported by Tower Research Lc (Trc). Meeder Asset Management reported 246 shares stake. California State Teachers Retirement System stated it has 30,858 shares or 0% of all its holdings. Northern Corporation reported 241,513 shares. Caprock Gp owns 0.04% invested in Varonis Systems, Inc. (NASDAQ:VRNS) for 4,235 shares. Prudential Financial reported 0.02% in Varonis Systems, Inc. (NASDAQ:VRNS).

Since January 3, 2018, it had 0 insider buys, and 8 sales for $13.89 million activity. 50,000 Varonis Systems, Inc. (NASDAQ:VRNS) shares with value of $2.95 million were sold by COMOLLI KEVIN E. 17,500 shares were sold by Bass David, worth $1.01 million on Tuesday, March 13. Iohan Gili also sold $988,840 worth of Varonis Systems, Inc. (NASDAQ:VRNS) on Monday, March 26. O’Boyle James had sold 35,000 shares worth $1.99 million. The insider Faitelson Yakov sold 106,426 shares worth $5.99M.

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 has “Buy” rating given on Tuesday, May 1 by Oppenheimer. The company was maintained on Tuesday, February 13 by JMP Securities. On Tuesday, May 1 the stock rating was maintained by DA Davidson with “Buy”. The firm has “Buy” rating by RBC Capital Markets given on Thursday, December 7. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, February 13. On Friday, January 12 the stock rating was maintained by Stephens with “Buy”. The firm has “Market Outperform” rating by JMP Securities given on Tuesday, May 1. The company was maintained on Wednesday, April 11 by Stifel Nicolaus. The firm has “Equal-Weight” rating given on Tuesday, May 1 by Morgan Stanley. The stock has “Buy” rating by Oppenheimer on Wednesday, December 13. Below is a list of Varonis Systems, Inc. (NASDAQ:VRNS) latest ratings and price target changes.

01/05/2018 Broker: Oppenheimer Rating: Buy New Target: $71.0000 Maintain
01/05/2018 Broker: Imperial Capital Old Rating: Outperform New Rating: Outperform Old Target: $68 New Target: $77 Maintain
01/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $53 New Target: $63 Maintain
01/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $65 New Target: $67 Maintain
01/05/2018 Broker: DA Davidson Old Rating: Buy New Rating: Buy Old Target: $73 New Target: $75 Maintain
01/05/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Outperform Old Target: $58 New Target: $71 Maintain
01/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $70 New Target: $75 Maintain
23/04/2018 Broker: Needham Rating: Buy New Target: $80.0000 Maintain
23/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $74.0000 Maintain
19/04/2018 Broker: Jefferies Rating: Buy New Target: $77.0000 Maintain

The stock decreased 0.27% or $0.2 during the last trading session, reaching $72.75. About 205,873 shares traded. Varonis Systems, Inc. (NASDAQ:VRNS) has risen 92.87% since May 18, 2017 and is uptrending. It has outperformed by 81.32% the S&P500.

Varonis Systems, Inc. provides software solutions that protect data from insider threats and cyberattacks. The company has market cap of $2.09 billion. The company, through its software platform, allows organizations to analyze, secure, manage, and migrate volumes of unstructured data. It currently has negative earnings. It specializes in file and email systems that store spreadsheets, word processing documents, presentations, audio and video files, emails, and text.

More important 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 Investorplace.com published article titled: “The 5 Best Charts in the Market Right Now”, Seekingalpha.com published: “Varonis Systems’ (VRNS) CEO Yaki Faitelson on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018. More interesting news about Varonis Systems, Inc. (NASDAQ:VRNS) was released by: Globenewswire.com and their article: “Varonis to Present at May Investor Conferences” with publication date: May 01, 2018.

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

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