CyberArk Software Ltd. (NASDAQ:CYBR) Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,949 shares of the technology company's stock after buying an additional 652 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.08% of CyberArk Software worth $11,310,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Coldstream Capital Management Inc. grew its position in shares of CyberArk Software by 3.5% in the third 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. Greenleaf Trust grew its position in shares of CyberArk Software by 2.5% in the third quarter. Greenleaf Trust now owns 1,829 shares of the technology company's stock valued at $533,000 after purchasing an additional 45 shares during the last quarter. Signaturefd LLC grew its position in shares of CyberArk Software by 4.2% in the third quarter. Signaturefd LLC now owns 1,206 shares of the technology company's stock valued at $352,000 after purchasing an additional 49 shares during the last quarter. Austin Private Wealth LLC grew its position in shares of CyberArk Software by 6.8% in the third quarter. Austin Private Wealth LLC now owns 815 shares of the technology company's stock valued at $238,000 after purchasing an additional 52 shares during the last quarter. Finally, IHT Wealth Management LLC grew its position in shares of CyberArk Software by 1.8% in the third quarter. IHT Wealth Management LLC now owns 3,539 shares of the technology company's stock valued at $1,031,000 after purchasing an additional 61 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Citigroup increased their price target on CyberArk Software from $355.00 to $410.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Rosenblatt Securities increased their price target on CyberArk Software from $415.00 to $445.00 and gave the stock a "buy" rating in a research report on Friday. UBS Group increased their price target on CyberArk Software from $340.00 to $360.00 and gave the stock a "buy" rating in a research report on Thursday, November 14th. JMP Securities upped their target price on CyberArk Software from $390.00 to $480.00 and gave the stock a "market outperform" rating in a research note on Friday. Finally, Needham & Company LLC upped their target price on CyberArk Software from $360.00 to $410.00 and gave the stock a "buy" rating in a research note on Thursday, January 9th. Two equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $401.67.

CyberArk Software Stock Down 0.9 %

Shares of NASDAQ:CYBR traded down $3.55 during midday trading on Tuesday, reaching $409.76. The company's stock had a trading volume of 840,498 shares, compared to its average volume of 568,269. The firm has a market capitalization of $17.85 billion, a PE ratio of 1,517.69 and a beta of 1.15. CyberArk Software Ltd. has a twelve month low of $223.09 and a twelve month high of $421.00. The stock has a fifty day moving average of $349.78 and a 200 day moving average of $309.64.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by ($0.85). CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. Sell-side analysts anticipate that CyberArk Software Ltd. will post -0.58 earnings per share for the current fiscal year.

CyberArk Software 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.