Mizuho Markets Americas LLC Takes $14 Million Position in CyberArk Software Ltd. (NASDAQ:CYBR)

Mizuho Markets Americas LLC acquired a new stake in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 48,000 shares of the technology company's stock, valued at approximately $13,997,000. Mizuho Markets Americas LLC owned approximately 0.11% of CyberArk Software as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in CYBR. Mather Group LLC. acquired a new position in CyberArk Software during the 2nd quarter worth approximately $27,000. ORG Partners LLC acquired a new position in CyberArk Software during the 2nd quarter worth approximately $33,000. Assetmark Inc. grew its holdings in CyberArk Software by 1,025.0% during the 3rd quarter. Assetmark Inc. now owns 135 shares of the technology company's stock worth $39,000 after acquiring an additional 123 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in CyberArk Software during the 2nd quarter worth approximately $39,000. Finally, Transcendent Capital Group LLC acquired a new position in CyberArk Software during the 3rd quarter worth approximately $51,000. Institutional investors and hedge funds own 91.84% of the company's stock.

CyberArk Software Trading Up 1.3 %

CyberArk Software stock traded up $3.99 during trading hours on Friday, reaching $305.27. 691,958 shares of the company were exchanged, compared to its average volume of 524,816. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 1,130.67 and a beta of 1.13. The stock has a 50-day moving average of $285.06 and a 200 day moving average of $267.09. CyberArk Software Ltd. has a 12 month low of $183.28 and a 12 month high of $318.16.

Analysts Set New Price Targets

Several research firms have commented on CYBR. Royal Bank of Canada boosted their price target on shares of CyberArk Software from $328.00 to $358.00 and gave the stock an "outperform" rating in a report on Thursday. KeyCorp upped their target price on shares of CyberArk Software from $340.00 to $355.00 and gave the company an "overweight" rating in a report on Thursday. Scotiabank assumed coverage on shares of CyberArk Software in a report on Monday, October 21st. They issued a "sector outperform" rating and a $340.00 target price for the company. DA Davidson upped their target price on shares of CyberArk Software from $285.00 to $315.00 and gave the company a "buy" rating in a report on Friday, August 9th. Finally, Barclays upped their target price on shares of CyberArk Software from $330.00 to $335.00 and gave the company an "overweight" rating in a report on Thursday. One analyst has rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $328.37.

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.