Curi RMB Capital LLC Invests $774,000 in CyberArk Software Ltd. (NASDAQ:CYBR)

Curi RMB Capital LLC purchased a new position in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,654 shares of the technology company's stock, valued at approximately $774,000.

A number of other hedge funds have also recently added to or reduced their stakes in CYBR. Mather Group LLC. bought a new position in shares of CyberArk Software in the 2nd quarter worth $27,000. ORG Partners LLC bought a new position in shares of CyberArk Software in the second quarter valued at $33,000. 1620 Investment Advisors Inc. acquired a new position in shares of CyberArk Software during the second quarter valued at about $39,000. Assetmark Inc. increased 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 acquiring an additional 123 shares in the last quarter. Finally, Arcadia Investment Management Corp MI raised its holdings in shares of CyberArk Software by 42.2% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 182 shares of the technology company's stock worth $50,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CYBR shares. Robert W. Baird lifted their price target on CyberArk Software from $315.00 to $355.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. BTIG Research upped their price target on CyberArk Software from $310.00 to $325.00 and gave the stock a "buy" rating in a report on Wednesday, October 9th. Cantor Fitzgerald restated an "overweight" rating and set a $335.00 price objective on shares of CyberArk Software in a research note on Thursday. Royal Bank of Canada upped their target price on shares of CyberArk Software from $328.00 to $358.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $310.00 target price on shares of CyberArk Software in a report on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $328.37.

CyberArk Software Trading Up 1.3 %

Shares of NASDAQ CYBR traded up $3.99 during mid-day trading on Friday, hitting $305.27. The company had a trading volume of 691,958 shares, compared to its average volume of 524,816. The stock's 50-day moving average price is $285.06 and its 200-day moving average price is $267.09. The company has a market capitalization of $13.30 billion, a price-to-earnings ratio of 1,130.67 and a beta of 1.13. CyberArk Software Ltd. has a 1 year low of $183.28 and a 1 year high of $318.16.

About CyberArk Software

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.