Sei Investments Co. lifted its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 12.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 128,406 shares of the technology company's stock after acquiring an additional 13,823 shares during the period. Sei Investments Co. owned 0.29% of CyberArk Software worth $42,779,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of CYBR. Nepsis Inc. grew its position in CyberArk Software by 882.4% in the 4th quarter. Nepsis Inc. now owns 562,327 shares of the technology company's stock worth $187,339,000 after purchasing an additional 505,088 shares during the last quarter. Jennison Associates LLC boosted its position in shares of CyberArk Software by 32.3% during the fourth quarter. Jennison Associates LLC now owns 1,603,744 shares of the technology company's stock worth $534,287,000 after buying an additional 391,900 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in CyberArk Software by 195.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 508,355 shares of the technology company's stock worth $170,614,000 after buying an additional 336,462 shares in the last quarter. Swedbank AB increased its position in CyberArk Software by 19.0% in the 4th quarter. Swedbank AB now owns 545,100 shares of the technology company's stock valued at $181,600,000 after acquiring an additional 87,201 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake 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 valued at $47,724,000 after acquiring an additional 83,252 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company's stock.
CyberArk Software Price Performance
NASDAQ CYBR traded down $5.47 on Friday, hitting $335.74. 358,303 shares of the stock were exchanged, compared to its average volume of 503,984. The company's 50-day moving average price is $364.16 and its two-hundred day moving average price is $325.78. The company has a market capitalization of $16.59 billion, a price-to-earnings ratio of -172.17 and a beta of 1.06. CyberArk Software Ltd. has a 52-week low of $223.41 and a 52-week high of $421.00.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share 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%. Equities analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. Oppenheimer raised their price target on CyberArk Software from $360.00 to $420.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. Stifel Nicolaus raised their target price on shares of CyberArk Software from $370.00 to $444.00 and gave the company a "buy" rating in a research note on Friday, February 14th. DA Davidson reaffirmed a "buy" rating and issued a $475.00 price target on shares of CyberArk Software in a research note on Tuesday, February 25th. Scotiabank increased their price objective on shares of CyberArk Software from $340.00 to $400.00 and gave the company a "sector outperform" rating in a report on Tuesday, January 21st. Finally, Rosenblatt Securities reissued a "buy" rating and set a $445.00 target price on shares of CyberArk Software in a report on Wednesday, February 26th. Two research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat, CyberArk Software currently has an average rating of "Moderate Buy" and an average price target of $418.15.
Check Out Our Latest Report on CyberArk Software
About CyberArk Software
(
Free Report)
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.
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