Kopion Increases Stake in Varonis Systems by $6.39 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 07 Jan 26
Source: Fool
Varonis Systems Inc's stock rose by 6.91% as it crossed above the 5-day SMA, reflecting positive momentum in the market.
This increase follows Kopion Asset Management's disclosure of a $6.39 million stake increase in Varonis Systems, acquiring an additional 152,121 shares. This move indicates confidence in the company's future growth potential, despite a 27.7% decline in stock price over the past year. The board's approval of a $150 million share repurchase plan further signals management's belief in the company's value.
The implications of Kopion's increased stake suggest a strategic adjustment towards long-term growth opportunities, particularly as Varonis navigates challenges in the SaaS landscape.
Analyst Views on VRNS
Wall Street analysts forecast VRNS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VRNS is 52.18 USD with a low forecast of 37.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
14 Buy
4 Hold
0 Sell
Strong Buy
Current: 33.410
Low
37.00
Averages
52.18
High
80.00
Current: 33.410
Low
37.00
Averages
52.18
High
80.00
About VRNS
Varonis Systems, Inc. is a data security company. The Company’s cloud-native data security platform discovers and classifies critical data, removes exposures, and detects advanced threats with artificial intelligence (AI)-powered automation. Varonis software enables enterprises of all sizes and industries to protect data stored in the cloud and on-premises, including sensitive files, emails and databases; confidential personal data belonging to customers, patients and employees; financial records; source code, strategic and product plans; and other intellectual property. Its SaaS product portfolio includes two product lines: its flagship Varonis Data Security Platform, which protects Microsoft 365, Windows file shares, Active Directory, Edge devices (VPN, DNS, proxy), UNIX/Linux and hybrid NAS storage, and DatAdvantage Cloud, which protects IaaS environments and SaaS applications, such as Salesforce, AWS, Azure, Google Cloud, Google Workspace, Databricks, ServiceNow, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
