Capital Fund Management S.A. Has $13.69 Million Stock Position in CyberArk Software Ltd. (NASDAQ:CYBR)

Capital Fund Management S.A. lessened its stake in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 38.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,105 shares of the technology company's stock after selling 25,455 shares during the quarter. Capital Fund Management S.A. owned about 0.09% of CyberArk Software worth $13,694,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CYBR. Quantinno Capital Management LP grew its position in shares of CyberArk Software by 4.9% during the 3rd quarter. Quantinno Capital Management LP now owns 1,553 shares of the technology company's stock worth $453,000 after buying an additional 73 shares during the period. MML Investors Services LLC lifted its stake in shares of CyberArk Software by 3.1% in the 3rd quarter. MML Investors Services LLC now owns 8,339 shares of the technology company's stock valued at $2,432,000 after purchasing an additional 249 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of CyberArk Software by 11.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 12,190 shares of the technology company's stock worth $3,555,000 after purchasing an additional 1,300 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of CyberArk Software during the third quarter worth $8,612,000. Finally, Geode Capital Management LLC increased its holdings in CyberArk Software by 4.1% in the third quarter. Geode Capital Management LLC now owns 372,231 shares of the technology company's stock valued at $108,020,000 after purchasing an additional 14,724 shares during the last quarter. 91.84% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

Several research firms recently weighed in on CYBR. Citigroup lifted their price objective on shares of CyberArk Software from $410.00 to $450.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. DA Davidson dropped their price objective on CyberArk Software from $475.00 to $415.00 and set a "buy" rating on the stock in a research note on Monday. JMP Securities increased their price target on CyberArk Software from $390.00 to $480.00 and gave the stock a "market outperform" rating in a report on Friday, February 14th. Morgan Stanley cut their price objective on CyberArk Software from $390.00 to $380.00 and set an "equal weight" rating on the stock in a report on Wednesday. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $415.00 target price on shares of CyberArk Software in a report on Monday, January 27th. Two analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $414.29.

CyberArk Software Price Performance

NASDAQ:CYBR traded down $3.03 during mid-day trading on Wednesday, reaching $331.30. The stock had a trading volume of 643,283 shares, compared to its average volume of 531,209. CyberArk Software Ltd. has a 12 month low of $223.41 and a 12 month high of $421.00. The stock has a market capitalization of $16.38 billion, a PE ratio of -169.90 and a beta of 1.00. The stock has a 50-day simple moving average of $354.77 and a two-hundred day simple moving average of $331.43.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) 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%. Equities analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current year.

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.