Clearbridge Investments LLC raised its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 240,801 shares of the technology company's stock after purchasing an additional 1,127 shares during the quarter. Clearbridge Investments LLC owned 0.55% of CyberArk Software worth $80,223,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in CYBR. TD Private Client Wealth LLC increased its holdings in CyberArk Software by 79.1% during the 4th quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company's stock worth $26,000 after purchasing an additional 34 shares during the period. Coldstream Capital Management Inc. grew its position in shares of CyberArk Software by 3.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company's stock worth $359,000 after buying an additional 42 shares in the last quarter. Montag A & Associates Inc. grew its position in shares of CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock worth $44,000 after buying an additional 42 shares in the last quarter. Venturi Wealth Management LLC increased its stake in shares of CyberArk Software by 6.9% during the fourth quarter. Venturi Wealth Management LLC now owns 805 shares of the technology company's stock valued at $268,000 after buying an additional 52 shares during the period. Finally, Daiwa Securities Group Inc. raised its holdings 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 acquiring an additional 53 shares in the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.
CyberArk Software Trading Down 6.6 %
Shares of CYBR stock traded down $21.50 during trading hours on Friday, hitting $306.46. The company's stock had a trading volume of 914,137 shares, compared to its average volume of 513,495. The stock has a market cap of $15.15 billion, a PE ratio of -157.16 and a beta of 1.06. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00. The company has a 50 day moving average of $361.79 and a 200 day moving average of $328.40.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate 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 anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.
Analyst Ratings Changes
CYBR has been the topic of several recent research reports. Canaccord Genuity Group increased their target price on shares of CyberArk Software from $330.00 to $440.00 and gave the stock a "buy" rating in a report on Friday, February 14th. StockNews.com downgraded shares of CyberArk Software from a "buy" rating to a "hold" rating in a research note on Friday, February 21st. Stephens started coverage on shares of CyberArk Software in a research note on Tuesday. They issued an "overweight" rating and a $440.00 price objective for the company. Barclays increased their target price on CyberArk Software from $375.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Finally, JMP Securities upped their price objective on CyberArk Software from $390.00 to $480.00 and gave the stock a "market outperform" rating in a research note on Friday, February 14th. 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 data from MarketBeat, CyberArk Software presently has an average rating of "Moderate Buy" and a consensus target price of $418.04.
Read Our Latest Analysis on CYBR
About CyberArk Software
(
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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