Morgan Stanley Have TP $73 on Varonis Systems (NASDAQ:VRNS). Analysts Maintained firms “Equal-Weight” rating.

June 26, 2018 - By Heather Owens

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

Big Money Sentiment decreased to 0.97 in 2018 Q1. It has change of 0.63, from 2017Q4’s 1.6. The ratio turned negative due to Varonis Systems, Inc. positioning: 22 sold and 66 reduced. 35 funds bought holdings and 50 increased holdings. Investors holded 22.34 million in 2017Q4 but now own 22.20 million shares or 0.63% less.

G2 Investment Prtn has invested 4.93% in Varonis Systems, Inc. (NASDAQ:VRNS). Employees Retirement System Of Texas reported 37,000 shs. State Bank Of America De, a North Carolina-based fund reported 178,903 shs. Millennium Management Ltd Liability Corp holds 0.08% or 1.01M shs. Eam Ltd reported 78,422 shs or 0.79% of all its holdings. Rmb Mgmt Limited Liability Company has invested 0.12% in Varonis Systems, Inc. (NASDAQ:VRNS). Nuveen Asset Mngmt Ltd Liability has invested 0.02% of its capital in Varonis Systems, Inc. (NASDAQ:VRNS). Coe Capital Management Ltd Company, a Illinois-based fund reported 20,875 shs. 8,154 were accumulated by Trexquant Investment Lp. Manufacturers Life Ins The reported 14,877 shs or 0% of all its holdings. Bogle Inv Limited Partnership De holds 0.48% of its capital in Varonis Systems, Inc. (NASDAQ:VRNS) for 106,393 shs. Wasatch has 0.07% invested in Varonis Systems, Inc. (NASDAQ:VRNS) for 90,387 shs. Moreover, Menta Limited has 0.07% invested in Varonis Systems, Inc. (NASDAQ:VRNS). Comml Bank Of New York Mellon Corporation accumulated 706,359 shs or 0.01% of the stock. Credit Suisse Ag invested in 864,079 shs or 0.05% of the stock.

Varonis Systems, Inc. registered $36.13 million net activity with 0 insider purchases and 16 insider sales since January 3, 2018. Iohan Gili sold $1.46 million worth of stock or 17,931 shs. On Tuesday, May 29 $145,156 worth of stock was sold by Bass David. Another trade for 50,000 shs valued at $2.95M was sold by COMOLLI KEVIN E. Melamed Guy also sold $43,908 worth of Varonis Systems, Inc. (NASDAQ:VRNS) shs. The insider Faitelson Yakov sold 176,950 shs worth $13.77 million.

Reiterated Varonis Systems (NASDAQ:VRNS) Rating.

On 25 June Morgan Stanley have a $73 price target on Varonis Systems (NASDAQ:VRNS). A downside potential of -3.88 % have this price target. The $2.18 billion MC company have “Equal-Weight” stock rating revealed in an analyst note.

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

In total 11 analysts cover Varonis Systems (NASDAQ:VRNS). “Buy” rating has 9, “Sell” are 0, while 2 are “Hold”. 82% are bullish. With $8000 highest and $58 lowest target price Varonis Systems has $72.73 average target price or -4.24% below the current ($75.95) price. 21 are the (NASDAQ:VRNS)’s analyst reports since January 12, 2018 according to StockzIntelligence Inc. On Tuesday, May 1 Oppenheimer maintained the shares of VRNS in report with “Buy” rating. The company rating was maintained by DA Davidson on Tuesday, May 1. In Monday, April 23 report RBC Capital Markets maintained it with “Buy” rating and $7400 target. On Tuesday, May 1 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, May 1 the stock of Varonis Systems, Inc. (NASDAQ:VRNS) earned “Equal-Weight” rating by Barclays Capital. On Monday, June 25 Morgan Stanley maintained Varonis Systems, Inc. (NASDAQ:VRNS) rating. Morgan Stanley has “Equal-Weight” rating and $73 target. In Tuesday, February 13 report RBC Capital Markets maintained the stock with “Buy” rating. On Tuesday, May 1 the rating was maintained by Stifel Nicolaus with “Buy”. The company rating was maintained by Stifel Nicolaus on Wednesday, April 11. In Thursday, April 19 report Jefferies maintained it with “Buy” rating and $7700 target.

VRNS touched $75.95 during the last trading session after $2.95 change.Varonis Systems, Inc. has 560,413 shares volume, 69.26% up from normal. VRNS is uptrending and has moved 106.93% since June 26, 2017. VRNS outperformed by 94.36% the S&P500.

On August, 2 is awaited Varonis Systems, Inc. (NASDAQ:VRNS)’s earnings report, Zacks reports. earnings per share of $-0.32 is 77.78 % down from 2017’s $-0.18 EPS. Wall Street now sees -30.43 % EPS growth despite Varonis Systems, Inc. previous quarter’s EPS of $-0.46.

Varonis Systems, Inc. provides software solutions that protect data from insider threats and cyberattacks.The firm is worth $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 brought out briefly go to: Nasdaq.com, Nasdaq.com, Globenewswire.com, Nasdaq.com or Gurufocus.com. The titles are as follows: “Independent Firm Finds Varonis Data Security Platform Can Deliver a 346% ROI” brought out on June 13, 2018, “Data Protection Cited as a Top Priority for 82% of Federal Decision Makers, According to New Report” on June 06, 2018, “Varonis Celebrates Winners of Inaugural Channel Partner Awards” with a publish date: May 29, 2018, “Varonis Highlights Latest Products and Explores the Future of Cybersecurity at Gartner Security & Risk Management …” and the last “Varonis Systems Inc (VRNS) CEO, President, Chairman Yakov Faitelson Sold $13.8 million of Shares” with publication date: June 09, 2018.

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

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