Varonis Systems Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BMV:VRNS * Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
09 Feb 26	BuyMex$10,291,862	Yakov Faitelson	Individual	26,725	Mex$385.10
09 Feb 26	BuyMex$1,201,887	David Bass	Individual	2,980	Mex$403.32
06 Feb 26	BuyMex$6,862,316	Avrohom Kess	Individual	17,800	Mex$385.52
06 Feb 26	BuyMex$1,949,237	John Gavin	Individual	5,000	Mex$389.85

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of VRNS *?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	3,683,452	3.03%
Institutions	117,685,129	97%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 67.48% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.7%	The Vanguard Group, Inc.	13,418,273	Mex$6.6b	6.53%	no data
9.85%	BlackRock, Inc.	11,304,792	Mex$5.5b	0.7%	no data
3.06%	Tremblant Capital Group	3,509,649	Mex$1.7b	678%	2.67%
2.72%	Pictet Asset Management Limited	3,123,056	Mex$1.5b	43.4%	0.06%
2.57%	FMR LLC	2,951,499	Mex$1.4b	45.1%	no data
2.52%	Penserra Capital Management LLC	2,891,462	Mex$1.4b	26.7%	0.63%
2.47%	State Street Global Advisors, Inc.	2,835,650	Mex$1.4b	4%	no data
2.47%	Geode Capital Management, LLC	2,833,180	Mex$1.4b	5.67%	no data
2.44%	First Trust Advisors LP	2,803,987	Mex$1.4b	-36.7%	0.04%
2.33%	Allianz Global Investors U.S. LLC	2,672,932	Mex$1.3b	0%	0.51%
2.19%	Tremblant Advisors LP	2,516,816	Mex$1.2b	0%	2.39%
2.1%	Voya Investment Management LLC	2,413,609	Mex$1.2b	-30.5%	0.06%
2.06%	Nomura Investment Management Business Trust	2,361,646	Mex$1.2b	-5.63%	0.08%
2.06%	ClearBridge Investments, LLC	2,360,807	Mex$1.2b	-7.21%	0.05%
1.99%	Cadian Capital Management, LP	2,282,581	Mex$1.1b	25.7%	3.77%
1.96%	SoMa Equity Partners, LP	2,255,117	Mex$1.1b	4.76%	4.06%
1.89%	Neuberger Berman Investment Advisers LLC	2,166,414	Mex$1.1b	80.7%	0.04%
1.74%	Stephens Investment Management Group, LLC	1,992,760	Mex$973.8m	17.9%	0.67%
1.69%	BNPP Asset Management Holding	1,941,582	Mex$948.8m	9.87%	0.05%
1.31%	American Capital Management, Inc.	1,509,039	Mex$737.4m	10%	2.23%
1.31%	Mirae Asset Global Investments Co., Ltd.	1,499,351	Mex$732.7m	0.26%	0.02%
1.28%	Jacobs Levy Equity Management Inc	1,471,418	Mex$719.1m	0%	0.14%
1.27%	Clal Financial Management Ltd	1,460,000	Mex$713.5m	0%	0.18%
1.27%	UBS Asset Management AG	1,455,449	Mex$711.3m	2.02%	no data
1.26%	Senvest Management, LLC	1,448,943	Mex$708.1m	406%	1.0%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/17 17:03
End of Day Share Price	2026/02/17 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Varonis Systems, Inc. is covered by 35 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Shrenik Kothari	Baird
Raimo Lenschow	Barclays
Saket Kalia	Barclays