Vinva Investment Management Ltd Purchases 7,369 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Vinva Investment Management Ltd grew its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 171.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,662 shares of the technology company's stock after buying an additional 7,369 shares during the period. Vinva Investment Management Ltd's holdings in CyberArk Software were worth $3,727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in CyberArk Software during the 4th quarter worth approximately $25,000. Plato Investment Management Ltd acquired a new position in shares of CyberArk Software in the fourth quarter valued at approximately $39,000. Montag A & Associates Inc. boosted its holdings in shares of CyberArk Software by 47.2% in the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock valued at $44,000 after buying an additional 42 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in shares of CyberArk Software during the fourth quarter worth $50,000. Finally, Steward Partners Investment Advisory LLC lifted its position in CyberArk Software by 54.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 198 shares of the technology company's stock valued at $66,000 after acquiring an additional 70 shares in the last quarter. 91.84% of the stock is currently owned by institutional investors and hedge funds.

CyberArk Software Stock Down 0.2 %

Shares of CYBR traded down $0.76 during midday trading on Monday, reaching $351.00. 643,112 shares of the stock were exchanged, compared to its average volume of 495,135. The stock's 50 day simple moving average is $364.16 and its 200 day simple moving average is $323.75. The company has a market cap of $17.35 billion, a P/E ratio of -180.00 and a beta of 1.06. CyberArk Software Ltd. has a twelve month low of $223.41 and a twelve month high of $421.00.

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CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate 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, analysts predict that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on CYBR. Citigroup lifted their price target on CyberArk Software from $410.00 to $450.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. StockNews.com downgraded CyberArk Software from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Robert W. Baird raised their price target on shares of CyberArk Software from $455.00 to $465.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 25th. DA Davidson reissued a "buy" rating and issued a $475.00 price objective on shares of CyberArk Software in a research report on Tuesday, February 25th. Finally, Guggenheim reaffirmed a "buy" rating and issued a $455.00 target price on shares of CyberArk Software in a research report on Tuesday, February 25th. Two research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to MarketBeat.com, CyberArk Software has a consensus rating of "Moderate Buy" and a consensus price target of $418.15.

CyberArk Software Company 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.