Natixis Advisors LLC Buys 3,759 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Natixis Advisors LLC raised its holdings in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 64,912 shares of the technology company's stock after acquiring an additional 3,759 shares during the quarter. Natixis Advisors LLC owned about 0.15% of CyberArk Software worth $21,625,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Assetmark Inc. boosted its position in shares of CyberArk Software by 1,025.0% in the 3rd quarter. Assetmark Inc. now owns 135 shares of the technology company's stock worth $39,000 after purchasing an additional 123 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in CyberArk Software by 6.7% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 76,326 shares of the technology company's stock valued at $22,257,000 after buying an additional 4,800 shares during the period. Oppenheimer & Co. Inc. lifted its stake in CyberArk Software by 87.7% in the third quarter. Oppenheimer & Co. Inc. now owns 3,155 shares of the technology company's stock valued at $920,000 after buying an additional 1,474 shares during the period. CIBC Asset Management Inc boosted its holdings in CyberArk Software by 6.4% during the third quarter. CIBC Asset Management Inc now owns 4,059 shares of the technology company's stock worth $1,184,000 after buying an additional 245 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of CyberArk Software by 2.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 101,926 shares of the technology company's stock worth $29,723,000 after buying an additional 2,059 shares during the period. 91.84% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CYBR. StockNews.com downgraded shares of CyberArk Software from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Barclays lifted their price target on shares of CyberArk Software from $375.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. Canaccord Genuity Group upped their price objective on shares of CyberArk Software from $330.00 to $440.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $415.00 price objective on shares of CyberArk Software in a research note on Monday, January 27th. Finally, Wells Fargo & Company boosted their target price on CyberArk Software from $425.00 to $500.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Two research analysts have 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, CyberArk Software currently has a consensus rating of "Moderate Buy" and a consensus target price of $418.15.

CyberArk Software Trading Up 1.4 %

Shares of CYBR traded up $5.00 during midday trading on Friday, reaching $351.76. The stock had a trading volume of 440,117 shares, compared to its average volume of 493,298. The firm has a market cap of $17.39 billion, a PE ratio of -180.39 and a beta of 1.06. The firm has a 50 day simple moving average of $364.00 and a 200-day simple moving average of $322.67. CyberArk Software Ltd. has a one year low of $223.41 and a one year high of $421.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. As a group, research analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

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.