LMR Partners LLP Buys 125,000 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

LMR Partners LLP boosted its holdings in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 254.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 174,105 shares of the technology company's stock after acquiring an additional 125,000 shares during the period. CyberArk Software comprises about 0.5% of LMR Partners LLP's investment portfolio, making the stock its 10th biggest holding. LMR Partners LLP owned about 0.40% of CyberArk Software worth $58,003,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of CYBR. Nordea Investment Management AB raised its holdings in shares of CyberArk Software by 7.9% during the fourth quarter. Nordea Investment Management AB now owns 3,024 shares of the technology company's stock valued at $993,000 after buying an additional 221 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in CyberArk Software by 4.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,105 shares of the technology company's stock worth $701,000 after purchasing an additional 90 shares in the last quarter. Brookstone Capital Management bought a new stake in CyberArk Software during the fourth quarter worth approximately $202,000. Kieckhefer Group LLC bought a new stake in CyberArk Software during the fourth quarter worth approximately $67,000. Finally, Assenagon Asset Management S.A. raised its holdings in CyberArk Software by 749.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 20,068 shares of the technology company's stock worth $6,686,000 after purchasing an additional 17,705 shares in the last quarter. Institutional investors own 91.84% of the company's stock.

CyberArk Software Trading Down 0.0%

Shares of CYBR traded down $0.05 during mid-day trading on Friday, hitting $355.00. 667,570 shares of the company traded hands, compared to its average volume of 543,041. CyberArk Software Ltd. has a one year low of $223.41 and a one year high of $421.00. The business has a 50-day moving average of $343.15 and a 200 day moving average of $340.50. The stock has a market capitalization of $17.55 billion, a price-to-earnings ratio of -182.05 and a beta of 0.99.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last released its quarterly earnings results 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 negative net margin of 9.34% and a positive return on equity of 0.45%. As a group, analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CYBR shares. Rosenblatt Securities reissued a "buy" rating and set a $445.00 target price on shares of CyberArk Software in a report on Tuesday. Roth Capital began coverage on CyberArk Software in a report on Tuesday. They issued a "buy" rating and a $415.00 price target on the stock. JPMorgan Chase & Co. upped their price target on CyberArk Software from $375.00 to $431.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. JMP Securities upped their price target on CyberArk Software from $390.00 to $480.00 and gave the company a "market outperform" rating in a report on Friday, February 14th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $480.00 price target on shares of CyberArk Software in a report on Thursday, March 20th. Two analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, CyberArk Software currently has a consensus rating of "Moderate Buy" and a consensus target price of $415.71.

About CyberArk Software

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.