International Assets Investment Management LLC Trims Position in CyberArk Software Ltd. (NASDAQ:CYBR)

International Assets Investment Management LLC trimmed its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 99.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 725 shares of the technology company's stock after selling 282,137 shares during the quarter. International Assets Investment Management LLC's holdings in CyberArk Software were worth $243,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CYBR. Anomaly Capital Management LP bought a new position in CyberArk Software during the second quarter valued at $49,145,000. Clearbridge Investments LLC grew its holdings in CyberArk Software by 250.0% during the 2nd quarter. Clearbridge Investments LLC now owns 224,381 shares of the technology company's stock valued at $61,350,000 after purchasing an additional 160,269 shares during the last quarter. Hood River Capital Management LLC raised its position in CyberArk Software by 59.2% in the 2nd quarter. Hood River Capital Management LLC now owns 223,584 shares of the technology company's stock worth $61,132,000 after purchasing an additional 83,172 shares during the period. Point72 Asset Management L.P. lifted its stake in CyberArk Software by 89.2% in the second quarter. Point72 Asset Management L.P. now owns 167,305 shares of the technology company's stock worth $45,745,000 after purchasing an additional 78,887 shares during the last quarter. Finally, Blair William & Co. IL boosted its position in shares of CyberArk Software by 441.2% during the second quarter. Blair William & Co. IL now owns 78,559 shares of the technology company's stock valued at $21,480,000 after buying an additional 64,044 shares during the period. Institutional investors own 91.84% of the company's stock.

Analyst Upgrades and Downgrades

CYBR has been the topic of several recent analyst reports. Jefferies Financial Group increased their price target on CyberArk Software from $315.00 to $330.00 and gave the stock a "buy" rating in a report on Tuesday, September 24th. Needham & Company LLC increased 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. DA Davidson boosted their target price on shares of CyberArk Software from $360.00 to $390.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. StockNews.com raised shares of CyberArk Software from a "hold" rating to a "buy" rating in a research note on Monday, December 9th. Finally, BTIG Research boosted their price objective on shares of CyberArk Software from $310.00 to $325.00 and gave the company a "buy" rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a hold rating and twenty-seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $350.22.

CyberArk Software Stock Performance

NASDAQ:CYBR traded up $3.68 during mid-day trading on Tuesday, hitting $341.51. 623,773 shares of the company's stock traded hands, compared to its average volume of 493,957. The company has a fifty day moving average of $320.70 and a 200 day moving average of $291.34. CyberArk Software Ltd. has a twelve month low of $221.12 and a twelve month high of $348.29. The company has a market capitalization of $14.88 billion, a P/E ratio of 1,264.90 and a beta of 1.13.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.48. The firm had revenue of $240.10 million for the quarter, compared to the consensus estimate of $234.10 million. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. The company's revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.31) earnings per share. On average, research analysts expect 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.