California Public Employees Retirement System boosted its holdings in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 186,261 shares of the technology company's stock after acquiring an additional 6,200 shares during the period. California Public Employees Retirement System owned about 0.43% of CyberArk Software worth $62,053,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of CYBR. TD Private Client Wealth LLC lifted its stake in CyberArk Software by 79.1% in the fourth quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company's stock valued at $26,000 after buying an additional 34 shares during the last quarter. Coldstream Capital Management Inc. lifted its position in CyberArk Software by 3.5% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company's stock valued at $359,000 after purchasing an additional 42 shares during the last quarter. Montag A & Associates Inc. boosted its stake in CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock valued at $44,000 after purchasing an additional 42 shares during the period. Venturi Wealth Management LLC boosted its stake in CyberArk Software by 6.9% during the 4th quarter. Venturi Wealth Management LLC now owns 805 shares of the technology company's stock valued at $268,000 after purchasing an additional 52 shares during the period. Finally, Daiwa Securities Group Inc. increased its stake in shares of CyberArk Software by 1.4% in the fourth quarter. Daiwa Securities Group Inc. now owns 3,827 shares of the technology company's stock valued at $1,275,000 after purchasing an additional 53 shares during the period. Institutional investors own 91.84% of the company's stock.
CyberArk Software Stock Down 6.6 %
Shares of CYBR traded down $21.50 during trading hours on Friday, reaching $306.46. The company's stock had a trading volume of 914,137 shares, compared to its average volume of 513,495. The company has a 50 day moving average of $361.79 and a two-hundred day moving average of $328.83. CyberArk Software Ltd. has a 1-year low of $223.41 and a 1-year high of $421.00. The firm has a market cap of $15.15 billion, a price-to-earnings ratio of -157.16 and a beta of 1.06.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its earnings results on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. As a group, analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Robert W. Baird boosted their price objective on CyberArk Software from $455.00 to $465.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 25th. Stephens assumed coverage on CyberArk Software in a research note on Tuesday, April 1st. They issued an "overweight" rating and a $440.00 price target for the company. Royal Bank of Canada raised their price target on CyberArk Software from $385.00 to $410.00 and gave the company an "outperform" rating in a report on Tuesday, January 21st. Barclays increased their target price on shares of CyberArk Software from $375.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Finally, Truist Financial dropped their price target on shares of CyberArk Software from $450.00 to $425.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Two investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $418.04.
Check Out Our Latest Analysis on CYBR
CyberArk Software Company Profile
(
Free Report)
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.
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