NBW Capital LLC Purchases 5,980 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

NBW Capital LLC increased its holdings in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 66.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,920 shares of the technology company's stock after purchasing an additional 5,980 shares during the period. NBW Capital LLC's holdings in CyberArk Software were worth $4,971,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. LGT Fund Management Co Ltd. increased its holdings in shares of CyberArk Software by 42.4% in the fourth quarter. LGT Fund Management Co Ltd. now owns 17,321 shares of the technology company's stock valued at $5,770,000 after purchasing an additional 5,155 shares in the last quarter. LGT Group Foundation lifted its position in CyberArk Software by 42.7% in the 4th quarter. LGT Group Foundation now owns 85,403 shares of the technology company's stock valued at $28,452,000 after acquiring an additional 25,570 shares in the last quarter. Plato Investment Management Ltd acquired a new position in shares of CyberArk Software during the fourth quarter worth about $39,000. Clal Insurance Enterprises Holdings Ltd boosted its position in CyberArk Software by 138.8% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 143,252 shares of the technology company's stock worth $47,724,000 after acquiring an additional 83,252 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in CyberArk Software by 2,123.3% in the 4th quarter. Jones Financial Companies Lllp now owns 667 shares of the technology company's stock valued at $222,000 after buying an additional 637 shares during the last quarter. Institutional investors own 91.84% of the company's stock.

Remove Ads

CyberArk Software Trading Down 0.7 %

Shares of NASDAQ CYBR traded down $2.24 during trading hours on Friday, hitting $335.45. 841,643 shares of the company traded hands, compared to its average volume of 489,983. CyberArk Software Ltd. has a 12 month low of $223.41 and a 12 month high of $421.00. The company's 50 day moving average price is $363.90 and its 200 day moving average price is $318.88. The stock has a market capitalization of $14.62 billion, a price-to-earnings ratio of -172.03 and a beta of 1.15.

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

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Morgan Stanley lifted their price target on CyberArk Software from $316.00 to $390.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Mizuho lifted their target price on CyberArk Software from $345.00 to $365.00 and gave the stock an "outperform" rating in a report on Friday, December 13th. Canaccord Genuity Group boosted their price target on CyberArk Software from $330.00 to $440.00 and gave the company a "buy" rating in a research note on Friday, February 14th. DA Davidson reissued a "buy" rating and issued a $475.00 target price on shares of CyberArk Software in a report on Tuesday, February 25th. Finally, UBS Group raised their price objective on CyberArk Software from $340.00 to $360.00 and gave the company a "buy" rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $418.15.

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.