Barclays PLC Has $8.14 Million Stake in CyberArk Software Ltd. (NASDAQ:CYBR)

Barclays PLC lessened its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 76.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,423 shares of the technology company's stock after selling 77,327 shares during the quarter. Barclays PLC owned approximately 0.06% of CyberArk Software worth $8,135,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in CyberArk Software in the 4th quarter valued at about $25,000. TD Private Client Wealth LLC lifted its stake in CyberArk Software by 79.1% during the fourth quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company's stock worth $26,000 after purchasing an additional 34 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in CyberArk Software in the fourth quarter worth $39,000. Graney & King LLC bought a new stake in shares of CyberArk Software during the fourth quarter valued at about $43,000. Finally, Montag A & Associates Inc. boosted its stake in CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock valued at $44,000 after purchasing an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 91.84% of the company's stock.

CyberArk Software Trading Up 0.8 %

Shares of CyberArk Software stock traded up $2.88 on Tuesday, reaching $349.98. 59,480 shares of the stock were exchanged, compared to its average volume of 534,861. The business has a fifty day moving average price of $342.69 and a two-hundred day moving average price of $334.80. CyberArk Software Ltd. has a 1-year low of $223.41 and a 1-year high of $421.00. The firm has a market capitalization of $17.30 billion, a PE ratio of -179.01 and a beta of 1.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last released its quarterly earnings results 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%. Research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Oppenheimer increased their price target on shares of CyberArk Software from $360.00 to $420.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Morgan Stanley cut their price objective on shares of CyberArk Software from $390.00 to $380.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Wells Fargo & Company raised their price objective on shares of CyberArk Software from $425.00 to $500.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Roth Capital began coverage on CyberArk Software in a research note on Wednesday, April 23rd. They set a "buy" rating and a $415.00 target price for the company. Finally, JPMorgan Chase & Co. upped their target price on CyberArk Software from $375.00 to $431.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. Two equities research 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 company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $415.18.

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.