Senator Markwayne Mullin (R-Oklahoma) recently sold shares of CyberArk Software Ltd. NASDAQ: CYBR. In a filing disclosed on December 31st, the Senator disclosed that they had sold between $1,001 and $15,000 in CyberArk Software stock on December 18th.
Senator Markwayne Mullin also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Eaton NYSE: ETN on 12/18/2024.
- Sold $15,001 - $50,000 in shares of Axon Enterprise NASDAQ: AXON on 12/18/2024.
- Sold $15,001 - $50,000 in shares of Eaton NYSE: ETN on 12/18/2024.
- Sold $15,001 - $50,000 in shares of Sprouts Farmers Market NASDAQ: SFM on 12/18/2024.
- Sold $15,001 - $50,000 in shares of Ollie's Bargain Outlet NASDAQ: OLLI on 12/18/2024.
- Sold $15,001 - $50,000 in shares of Stride NYSE: LRN on 12/18/2024.
- Sold $1,001 - $15,000 in shares of Badger Meter NYSE: BMI on 12/18/2024.
- Sold $15,001 - $50,000 in shares of CyberArk Software NASDAQ: CYBR on 12/18/2024.
- Sold $15,001 - $50,000 in shares of Freshpet NASDAQ: FRPT on 12/18/2024.
- Sold $1,001 - $15,000 in shares of e.l.f. Beauty NYSE: ELF on 12/18/2024.
CyberArk Software Stock Up 4.2 %
Shares of NASDAQ:CYBR traded up $13.55 on Wednesday, hitting $333.15. 931,665 shares of the company traded hands, compared to its average volume of 513,301. The company has a market cap of $14.52 billion, a PE ratio of 1,233.93 and a beta of 1.13. The stock has a 50 day simple moving average of $310.09 and a 200-day simple moving average of $286.03. CyberArk Software Ltd. has a 52 week low of $205.59 and a 52 week high of $336.84.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its earnings results on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.48. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. The business had revenue of $240.10 million during the quarter, compared to analysts' expectations of $234.10 million. During the same period in the previous year, the company earned ($0.31) earnings per share. The business's revenue for the quarter was up 25.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that CyberArk Software Ltd. will post -0.58 earnings per share for the current year.
Hedge Funds Weigh In On CyberArk Software
A number of hedge funds have recently made changes to their positions in CYBR. International Assets Investment Management LLC purchased a new position in CyberArk Software in the 3rd quarter worth approximately $82,485,000. Anomaly Capital Management LP purchased a new position in shares of CyberArk Software in the second quarter worth $49,145,000. Clearbridge Investments LLC boosted its position in shares of CyberArk Software by 250.0% during the second quarter. Clearbridge Investments LLC now owns 224,381 shares of the technology company's stock worth $61,350,000 after acquiring an additional 160,269 shares during the last quarter. Hood River Capital Management LLC grew its stake in CyberArk Software by 59.2% during the second quarter. Hood River Capital Management LLC now owns 223,584 shares of the technology company's stock valued at $61,132,000 after acquiring an additional 83,172 shares in the last quarter. Finally, Point72 Asset Management L.P. grew its stake in CyberArk Software by 89.2% during the second quarter. Point72 Asset Management L.P. now owns 167,305 shares of the technology company's stock valued at $45,745,000 after acquiring an additional 78,887 shares in the last quarter. Institutional investors own 91.84% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have commented on CYBR. BTIG Research lifted their target price on CyberArk Software from $310.00 to $325.00 and gave the stock a "buy" rating in a report on Wednesday, October 9th. Jefferies Financial Group boosted their target price on CyberArk Software from $315.00 to $330.00 and gave the stock a "buy" rating in a research report on Tuesday, September 24th. Wells Fargo & Company raised their price target on shares of CyberArk Software from $300.00 to $350.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. Mizuho lifted their price target on shares of CyberArk Software from $345.00 to $365.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Finally, Canaccord Genuity Group raised their target price on shares of CyberArk Software from $310.00 to $330.00 and gave the stock a "buy" rating in a report on Thursday, November 14th. One analyst has rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $339.22.
Check Out Our Latest Stock Analysis on CYBR
About Senator Mullin
Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father's plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.
CyberArk Software Company Profile
(
Get 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.
Further Reading
Before you consider CyberArk Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CyberArk Software wasn't on the list.
While CyberArk Software currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for January 2025. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
