Pinnbrook Capital Management LP Acquires 2,097 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Pinnbrook Capital Management LP boosted its position in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 21.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,864 shares of the technology company's stock after purchasing an additional 2,097 shares during the quarter. Pinnbrook Capital Management LP's holdings in CyberArk Software were worth $3,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of CYBR. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of CyberArk Software during the fourth quarter worth about $25,000. Assetmark Inc. lifted its position in CyberArk Software by 1,025.0% during the third quarter. Assetmark Inc. now owns 135 shares of the technology company's stock valued at $39,000 after purchasing an additional 123 shares during the last quarter. Montag A & Associates Inc. grew its stake in CyberArk Software by 47.2% in the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock worth $44,000 after buying an additional 42 shares in the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of CyberArk Software in the 4th quarter worth $50,000. Finally, Transcendent Capital Group LLC bought a new position in shares of CyberArk Software in the 3rd quarter worth $51,000. 91.84% of the stock is owned by institutional investors.

CyberArk Software Stock Performance

Shares of CyberArk Software stock traded down $17.68 during midday trading on Friday, reaching $383.29. 672,280 shares of the company's stock traded hands, compared to its average volume of 581,939. The stock has a 50 day moving average of $355.03 and a 200-day moving average of $312.10. CyberArk Software Ltd. has a 12 month low of $223.41 and a 12 month high of $421.00. The company has a market cap of $16.70 billion, a PE ratio of -196.56 and a beta of 1.15.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate 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%. On average, equities analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CYBR has been the subject of several research reports. Citigroup upped their target price on shares of CyberArk Software from $355.00 to $410.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Wells Fargo & Company upped their price objective on CyberArk Software from $425.00 to $500.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. KeyCorp raised their price objective on CyberArk Software from $400.00 to $485.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Rosenblatt Securities upped their target price on CyberArk Software from $415.00 to $445.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Finally, StockNews.com cut shares of CyberArk Software from a "buy" rating to a "hold" rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $401.67.

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.