Geode Capital Management LLC increased its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 392,006 shares of the technology company's stock after purchasing an additional 19,775 shares during the period. Geode Capital Management LLC owned 0.90% of CyberArk Software worth $130,088,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of CYBR. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in CyberArk Software during the 4th quarter worth about $25,000. TD Private Client Wealth LLC grew its holdings in shares of CyberArk Software by 79.1% during the fourth quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company's stock worth $26,000 after buying an additional 34 shares in the last quarter. Plato Investment Management Ltd acquired a new position in shares of CyberArk Software in the fourth quarter valued at approximately $39,000. Graney & King LLC purchased a new position in shares of CyberArk Software during the fourth quarter valued at approximately $43,000. Finally, Montag A & Associates Inc. grew its stake in CyberArk Software by 47.2% in the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock worth $44,000 after acquiring an additional 42 shares during the period. Institutional investors and hedge funds own 91.84% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the company. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $415.00 price objective on shares of CyberArk Software in a research report on Monday, January 27th. Truist Financial decreased their target price 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. Oppenheimer upped their price target on shares of CyberArk Software from $360.00 to $420.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Morgan Stanley initiated coverage on shares of CyberArk Software in a research note on Tuesday, March 18th. They set an "equal weight" rating for the company. Finally, Royal Bank of Canada restated an "outperform" rating and set a $420.00 price objective on shares of CyberArk Software in a report on Friday. Two equities research 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's stock. According to MarketBeat, CyberArk Software has a consensus rating of "Moderate Buy" and an average target price of $418.39.
View Our Latest Report on CYBR
CyberArk Software Trading Up 1.1 %
Shares of CyberArk Software stock traded up $3.69 on Monday, reaching $353.13. 95,537 shares of the company were exchanged, compared to its average volume of 526,186. CyberArk Software Ltd. has a fifty-two week low of $223.41 and a fifty-two week high of $421.00. The firm has a market capitalization of $17.45 billion, a price-to-earnings ratio of -181.09 and a beta of 1.00. The stock has a fifty day moving average price of $356.48 and a 200-day moving average price of $330.98.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last announced 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%. On average, equities analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.
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.
Further Reading
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