Varonis Systems is recognized as a Leader in Data Security Platforms and a Customer Favorite by Forrester.
Quiver AI Summary
Varonis Systems, Inc. has been recognized as a Leader in Data Security Platforms by Forrester in its Q1 2025 report, also receiving the designation of Customer Favorite for exceptional customer feedback. The report highlights Varonis' highest scores in various categories, including Data Discovery and Threat Visibility, and commends its innovation, pricing transparency, and community support. Customers appreciate Varonis' effective use of AI and automation, particularly in workflow and data classification. Varonis CEO Yaki Faitelson expressed pride in the recognition, emphasizing the company's commitment to providing comprehensive solutions to mitigate data risks and combat advanced cyber threats. Varonis is noted for its ability to support organizations in managing sensitive data across various environments.
Potential Positives
- Varonis Systems, Inc. was named a Leader in Data Security Platforms by Forrester, highlighting its strong position in the industry.
- Varonis earned the highest score in the Current Offering category and top rankings in multiple critical criteria, demonstrating the effectiveness of its solutions.
- The company received the designation of a Customer Favorite, indicating high levels of customer satisfaction and positive feedback on its products and services.
- Varonis' innovative approach to data security, particularly its use of AI and automation, was recognized for standing out in the competitive landscape.
Potential Negatives
- Despite being named a Leader by Forrester, the press release does not address any specific challenges or criticisms faced by Varonis, which could lead to perceptions of a lack of transparency regarding the company’s operational difficulties or shortcomings.
- The press release emphasizes customer feedback and positive ratings, yet does not provide quantitative data or specific examples that substantiate these claims, which may raise questions about the validity of these endorsements.
- The disclaimer from Forrester regarding the nature of their endorsements could lead to skepticism about the true value of the recognition received by Varonis, suggesting that such accolades might not carry as much weight as presented.
FAQ
What recognition did Varonis receive from Forrester in Q1 2025?
Varonis was named a Leader in Data Security Platforms by Forrester and received the Customer Favorite designation.
What criteria did Varonis excel in according to the Forrester report?
Varonis earned the highest scores in Data Discovery, Data Classification, Data Threat and Risk Visibility, and more.
How does Varonis utilize AI in its data security solutions?
Varonis employs AI and automation for workflow optimization and data classification to enhance data security outcomes.
What did customers appreciate most about Varonis' services?
Customers praised Varonis for its support services and effective Managed Data Detection and Response (MDDR) offerings.
How can potential customers learn more about Varonis products?
Interested parties can schedule a 30-minute demo or visit the Varonis website for more information.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VRNS Insider Trading Activity
$VRNS insiders have traded $VRNS stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $VRNS stock by insiders over the last 6 months:
- GUY MELAMED (CFO and COO) has made 0 purchases and 2 sales selling 91,345 shares for an estimated $4,905,444.
- JAMES O'BOYLE (Vice Chairman - Sales) sold 50,000 shares for an estimated $2,988,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VRNS Hedge Fund Activity
We have seen 191 institutional investors add shares of $VRNS stock to their portfolio, and 178 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CADIAN CAPITAL MANAGEMENT, LP removed 3,801,242 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $214,770,173
- LORD, ABBETT & CO. LLC removed 1,607,407 shares (-75.6%) from their portfolio in Q4 2024, for an estimated $71,417,093
- INVESCO LTD. removed 1,536,484 shares (-67.0%) from their portfolio in Q4 2024, for an estimated $68,265,984
- GOLDMAN SACHS GROUP INC added 1,402,437 shares (+76.5%) to their portfolio in Q4 2024, for an estimated $62,310,275
- GREENVALE CAPITAL LLP removed 1,400,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $62,202,000
- ASSENAGON ASSET MANAGEMENT S.A. added 995,274 shares (+761.6%) to their portfolio in Q4 2024, for an estimated $44,220,023
- FULLER & THALER ASSET MANAGEMENT, INC. removed 938,952 shares (-99.8%) from their portfolio in Q4 2024, for an estimated $41,717,637
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MIAMI, March 04, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) proudly announced it was named a Leader by renowned research and advisory firm Forrester in the report, The Forrester Wave™: Data Security Platforms, Q1 2025 . Varonis also received the new designation of a Customer Favorite among evaluated vendors based on outstanding customer feedback.
Findings from the report:
- Varonis earned the Highest Score in the Current Offering category . Varonis earned 5 out of 5 scores in the criteria of Data Discovery, Data Classification, Data Threat and Risk Visibility, Data Access Controls, Reporting, Investigations, Manageability and Support, and Supplier Risk.
- Varonis is Top-Ranked in the Strategy category. Varonis earned the highest score in the Strategy category, receiving the highest possible scores in the criteria of Vision, Innovation, Pricing Flexibility and Transparency, Community, and Supporting Services and Offerings.
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Varonis received a Customer Favorite designation
. According to the report: “Customers praise the careful, planned use of AI and automation, highlighting areas like workflow and data classification. They commend Varonis’ support and both the IR and MDDR (Managed Data Detection and Response) services.”
According to the report, “Varonis’ vision of harnessing deep data insights to automate remediation for data security outcomes stands out. Its demonstrated ability to execute and its approach to innovation and supporting services reinforce its differentiation.” The report also stated that “Organizations that require deep understanding of data and remediation of access controls across their environment, with services to augment their own team, should consider Varonis.”
"We are enormously proud that Varonis has been named a Leader in Data Security Platforms," said Varonis CEO, President and Co-founder Yaki Faitelson. "We believe this recognition further validates our platform approach which gives customers an end-to-end solution to automatically and continuously reduce sensitive data risk, stop advanced cyberattacks, and adopt AI with confidence."
Access the full report to see why Varonis is a Leader and a Customer Favorite.
Additional Resources
- See Varonis in action: schedule a 30-minute demo .
- Learn why Varonis is Gartner ® Peer Insights™ Customer’s Choice and #1-rated DSPM .
- Check out these Varonis integrations .
- For more information on Varonis' solution portfolio, please visit www.varonis.com .
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Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here .
About Varonis
Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.
Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.
Varonis protects data first, not last. Learn more at www.varonis.com .
Investor Relations Contact:
Tim Perz
Varonis Systems, Inc.
646-640-2112
[email protected]
News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
[email protected]