Varonis Systems (NASDAQ:VRNS): “Buy” Rating was Maintained by Analysts at Stifel Nicolaus; with TP of $85.

June 27, 2018 - By Daniel Cummings

Varonis Systems, Inc. (NASDAQ:VRNS) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.97. That’s change of 0.63, from 2017Q4’s 1.6. 22 investors sold all, 66 reduced holdings as Varonis Systems, Inc. ratio is negative. 50 rose stakes while 35 funds took stakes. Funds hold 22.20 million shares thus 0.63% less from 2017Q4’s 22.34 million shares.

Moreover, Fuller And Thaler Asset Management has 0.13% invested in Varonis Systems, Inc. (NASDAQ:VRNS). Brinker reported 0.02% stake. Driehaus Capital Ltd Liability Co stated it has 0.29% of its capital in Varonis Systems, Inc. (NASDAQ:VRNS). 179 were accumulated by Grp One Trading Limited Partnership. Bogle Invest Mgmt Limited Partnership De holds 106,393 shs. 2,275 were accumulated by Mark Sheptoff Financial Planning Limited Liability Com. Walleye Trading Ltd accumulated 3,733 shs or 0% of the stock. Northcoast Asset Management Lc stated it has 0.12% of its capital in Varonis Systems, Inc. (NASDAQ:VRNS). 600 were reported by Thompson Davis Incorporated. Quantitative Systematic Strategies Limited Liability Company has 3,631 shs for 0.05% of their capital. Wells Fargo And Company Mn has invested 0% in Varonis Systems, Inc. (NASDAQ:VRNS). First Manhattan has 1,765 shs. Goldman Sachs Grp Incorporated reported 80,706 shs. Trexquant Lp owns 8,154 shs. Aqr Capital Mgmt Limited Company reported 76,847 shs.

Varonis Systems, Inc. had 16 selling transactions and 0 insider buys since January 3, 2018. This’s net activity of $36.13 million. On Tuesday, March 6 $2.95M worth of stock was sold by COMOLLI KEVIN E. O’Boyle James sold $1.99M worth of Varonis Systems, Inc. (NASDAQ:VRNS) or 35,000 shs on Thursday, March 1. On Friday, June 1 $75,444 worth of Varonis Systems, Inc. (NASDAQ:VRNS) was sold by Melamed Guy. Shares for $145,156 were sold by Bass David. $5.99M worth of Varonis Systems, Inc. (NASDAQ:VRNS) shs were sold by Faitelson Yakov.

Reiterated Varonis Systems (NASDAQ:VRNS) Rating.

Stifel Nicolaus have a $85 TP on Varonis Systems (NASDAQ:VRNS) shares. On Tuesday morning the $2.18B MC company have “Buy” stock rating. This TP suggests a potential 12.36 % upside on the stock.

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

A total of 11 analysts rate Varonis Systems (NASDAQ:VRNS) as follows: 9 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 82% are bullish. (NASDAQ:VRNS) has 22 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Friday, January 12 Stephens maintained Varonis Systems, Inc. (NASDAQ:VRNS) rating. Stephens has “Buy” rating and $58.0 target. On Tuesday, May 1 the firm earned “Buy” rating by Stifel Nicolaus. On Tuesday, May 1 JMP Securities maintained the shares of VRNS in report with “Market Outperform” rating. On Monday, June 25 the firm has “Equal-Weight” rating by Morgan Stanley given. On Tuesday, June 26 the company was maintained by Stifel Nicolaus. On Friday, January 19 Needham maintained Varonis Systems, Inc. (NASDAQ:VRNS) rating. Needham has “Buy” rating and $65.0 target. On Tuesday, February 13 Stifel Nicolaus maintained Varonis Systems, Inc. (NASDAQ:VRNS) with “Buy” rating. On Monday, April 23 the stock of Varonis Systems, Inc. (NASDAQ:VRNS) earned “Buy” rating by Needham. On Tuesday, February 13 the rating was maintained by Stephens with “Buy”. On Monday, April 23 the stock of Varonis Systems, Inc. (NASDAQ:VRNS) earned “Buy” rating by RBC Capital Markets.

VRNS touched $75.65 during the last trading session after $0.3 change.Varonis Systems, Inc. has volume of 27,894 shares. Since June 27, 2017 VRNS has risen 106.93% and is uptrending. VRNS outperformed the S&P500 by 94.36%.

Varonis Systems, Inc. (NASDAQ:VRNS)’s quarterly earnings will be published on August, 2., as reported by Faxor. Last year’s EPS was $-0.18, while now analysts expect change of 77.78 % down from current $-0.32 EPS. After $-0.46 EPS report last quarter, Wall Street now forecasts -30.43 % EPS growth of Varonis Systems, Inc..

Varonis Systems, Inc. provides software solutions that protect data from insider threats and cyberattacks.The firm is valued at $2.18 billion. The company, through its software, allows organizations to protect data stored on premises and on cloud, such as sensitive files and emails; confidential customer, patient and employee data; financial records; strategic and product plans; and other intellectual property.Currently it has negative earnings. It offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for every user on Windows and UNIX/Linux servers, storage devices, email systems, and Intranet servers; DataPrivilege, which provides a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention; and Data Classification Engine that identifies and tags data based on criteria set in multiple metadata dimensions and provides business and IT personnel with actionable intelligence about data.

For more Varonis Systems, Inc. (NASDAQ:VRNS) news released recently go to: Nasdaq.com, Gurufocus.com, Nasdaq.com, Nasdaq.com or Fool.com. The titles are as follows: “Independent Firm Finds Varonis Data Security Platform Can Deliver a 346% ROI” released on June 13, 2018, “Varonis Systems Inc (VRNS) CEO, President, Chairman Yakov Faitelson Sold $13.8 million of Shares” on June 09, 2018, “Data Protection Cited as a Top Priority for 82% of Federal Decision Makers, According to New Report” with a publish date: June 06, 2018, “Varonis Highlights Latest Products and Explores the Future of Cybersecurity at Gartner Security & Risk Management …” and the last “3 Growth Stocks for Forward-Looking Investors” with publication date: June 09, 2018.

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

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