1,736 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Purchased by Americana Partners LLC

Americana Partners LLC purchased a new position in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,736 shares of the technology company's stock, valued at approximately $578,000.

A number of other institutional investors also recently bought and sold shares of CYBR. Thurston Springer Miller Herd & Titak Inc. bought a new stake in CyberArk Software in the fourth quarter worth $25,000. Assetmark Inc. lifted its position in shares of CyberArk Software by 1,025.0% during the third quarter. Assetmark Inc. now owns 135 shares of the technology company's stock worth $39,000 after purchasing an additional 123 shares during the last quarter. Montag A & Associates Inc. lifted its position in shares of CyberArk Software by 47.2% during the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock worth $44,000 after purchasing an additional 42 shares during the last quarter. Brown Lisle Cummings Inc. bought a new stake in shares of CyberArk Software during the fourth quarter worth $50,000. Finally, Transcendent Capital Group LLC bought a new stake in shares of CyberArk Software during the third quarter worth $51,000. 91.84% of the stock is currently owned by institutional investors.

CyberArk Software Stock Performance

CYBR traded down $17.68 on Friday, hitting $383.29. The company had a trading volume of 672,280 shares, compared to its average volume of 581,939. The stock has a market capitalization of $16.70 billion, a price-to-earnings ratio of -196.56 and a beta of 1.15. The stock has a fifty day moving average price of $355.03 and a 200-day moving average price of $312.10. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.85). CyberArk Software had a positive return on equity of 0.45% and a negative net margin of 9.34%. Analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CYBR shares. UBS Group lifted their target price on CyberArk Software from $340.00 to $360.00 and gave the stock a "buy" rating in a research report on Thursday, November 14th. Barclays lifted their target price on CyberArk Software from $375.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Robert W. Baird lifted their target price on CyberArk Software from $355.00 to $370.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 17th. Stifel Nicolaus lifted their target price on CyberArk Software from $370.00 to $444.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Finally, Scotiabank raised their price target on CyberArk Software from $340.00 to $400.00 and gave the company a "sector outperform" rating in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $401.67.

CyberArk Software Company Profile

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.