Charles Schwab Investment Management Inc. lifted its stake in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,738 shares of the technology company's stock after acquiring an additional 1,138 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.07% of CyberArk Software worth $10,240,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Jennison Associates LLC lifted its position in shares of CyberArk Software by 32.3% during the 4th quarter. Jennison Associates LLC now owns 1,603,744 shares of the technology company's stock worth $534,287,000 after buying an additional 391,900 shares during the period. Groupama Asset Managment boosted its stake in shares of CyberArk Software by 0.5% in the 3rd quarter. Groupama Asset Managment now owns 1,042,767 shares of the technology company's stock valued at $304,000 after purchasing an additional 5,402 shares during the last quarter. Nepsis Inc. lifted its stake in shares of CyberArk Software by 882.4% in the 4th quarter. Nepsis Inc. now owns 562,327 shares of the technology company's stock valued at $187,339,000 after purchasing an additional 505,088 shares during the period. TimesSquare Capital Management LLC increased its stake in shares of CyberArk Software by 4.6% in the 4th quarter. TimesSquare Capital Management LLC now owns 560,353 shares of the technology company's stock valued at $186,682,000 after acquiring an additional 24,805 shares during the last quarter. Finally, Swedbank AB boosted its position in shares of CyberArk Software by 19.0% during the fourth quarter. Swedbank AB now owns 545,100 shares of the technology company's stock worth $181,600,000 after purchasing an additional 87,201 shares in the last quarter. Institutional investors own 91.84% of the company's stock.
CyberArk Software Price Performance
NASDAQ CYBR traded down $9.86 on Wednesday, reaching $348.42. The company had a trading volume of 296,817 shares, compared to its average volume of 494,187. The firm has a market cap of $17.22 billion, a price-to-earnings ratio of -178.68 and a beta of 1.06. CyberArk Software Ltd. has a fifty-two week low of $223.41 and a fifty-two week high of $421.00. The business has a 50 day moving average of $364.76 and a two-hundred day moving average of $324.98.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted 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 positive return on equity of 0.45% and a negative net margin of 9.34%. As a group, research analysts predict 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 research analyst reports. Robert W. Baird lifted their price target on shares of CyberArk Software from $455.00 to $465.00 and gave the company an "outperform" rating in a research note on Tuesday, February 25th. Scotiabank lifted their price target on CyberArk Software from $340.00 to $400.00 and gave the company a "sector outperform" rating in a research note on Tuesday, January 21st. StockNews.com cut shares of CyberArk Software from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Wells Fargo & Company increased their price objective on CyberArk Software from $425.00 to $500.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, JMP Securities lifted their price objective on shares of CyberArk Software from $390.00 to $480.00 and gave the company a "market outperform" rating in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $418.15.
Read Our Latest Report on CyberArk Software
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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