Aptus Capital Advisors LLC acquired a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,444 shares of the technology company's stock, valued at approximately $2,480,000.
A number of other large investors have also recently made changes to their positions in the business. Jennison Associates LLC raised its holdings in shares of CyberArk Software by 32.3% in the 4th quarter. Jennison Associates LLC now owns 1,603,744 shares of the technology company's stock worth $534,287,000 after acquiring an additional 391,900 shares during the last quarter. First Trust Advisors LP raised its stake in shares of CyberArk Software by 2.3% in the fourth quarter. First Trust Advisors LP now owns 939,768 shares of the technology company's stock worth $313,084,000 after purchasing an additional 20,832 shares during the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of CyberArk Software by 8.4% in the fourth quarter. Pictet Asset Management Holding SA now owns 878,435 shares of the technology company's stock valued at $292,651,000 after purchasing an additional 68,359 shares in the last quarter. Norges Bank purchased a new position in shares of CyberArk Software during the fourth quarter valued at approximately $203,375,000. Finally, Nepsis Inc. grew its holdings in CyberArk Software by 882.4% during the fourth quarter. Nepsis Inc. now owns 562,327 shares of the technology company's stock worth $187,339,000 after buying an additional 505,088 shares in the last quarter. 91.84% of the stock is owned by institutional investors.
CyberArk Software Stock Up 2.1 %
CyberArk Software stock opened at $364.63 on Tuesday. The business has a 50-day simple moving average of $340.40 and a 200 day simple moving average of $336.91. CyberArk Software Ltd. has a 52 week low of $223.41 and a 52 week high of $421.00. The stock has a market cap of $18.02 billion, a price-to-earnings ratio of -186.99 and a beta of 0.99.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its quarterly earnings data 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 positive return on equity of 0.45% and a negative net margin of 9.34%. On average, research analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. Guggenheim reaffirmed a "buy" rating and issued a $455.00 price objective on shares of CyberArk Software in a research report on Tuesday, February 25th. Stephens began coverage on CyberArk Software in a research note on Tuesday, April 1st. They issued an "overweight" rating and a $440.00 price objective for the company. StockNews.com lowered CyberArk Software from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Oppenheimer boosted their price target on shares of CyberArk Software from $360.00 to $420.00 and gave the stock an "outperform" rating in a report on Wednesday, February 5th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $420.00 price objective on shares of CyberArk Software in a report on Friday, April 11th. Two analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $415.18.
Check Out Our Latest Research 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.
Further Reading
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