CyberArk Software Ltd. (NASDAQ:CYBR) Shares Sold by MYDA Advisors LLC

MYDA Advisors LLC reduced its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 23.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,583 shares of the technology company's stock after selling 3,917 shares during the quarter. MYDA Advisors LLC's holdings in CyberArk Software were worth $4,192,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of CyberArk Software during the fourth quarter worth $25,000. TD Private Client Wealth LLC lifted its holdings in CyberArk Software by 79.1% in the 4th quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company's stock worth $26,000 after buying an additional 34 shares in the last quarter. Plato Investment Management Ltd acquired a new stake in shares of CyberArk Software during the fourth quarter valued at about $39,000. Graney & King LLC acquired a new stake in shares of CyberArk Software during the fourth quarter valued at about $43,000. Finally, Montag A & Associates Inc. increased its position in shares of CyberArk Software by 47.2% during the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock worth $44,000 after acquiring an additional 42 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company's stock.

CyberArk Software Stock Up 1.0 %

CyberArk Software stock traded up $3.33 during trading hours on Friday, hitting $348.56. 131,171 shares of the company traded hands, compared to its average volume of 534,248. CyberArk Software Ltd. has a 1-year low of $223.41 and a 1-year high of $421.00. The firm has a market cap of $17.23 billion, a P/E ratio of -178.63 and a beta of 1.00. The firm's 50-day simple moving average is $345.14 and its two-hundred day simple moving average is $333.38.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates 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%. On average, equities research analysts predict 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 weighed in on the company. Needham & Company LLC restated a "buy" rating and set a $480.00 price objective on shares of CyberArk Software in a research note on Thursday, March 20th. Citigroup lifted their price target on shares of CyberArk Software from $410.00 to $450.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Barclays decreased their price objective on shares of CyberArk Software from $450.00 to $405.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Wells Fargo & Company upped their target price on shares of CyberArk Software from $425.00 to $500.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. Finally, KeyCorp decreased their price target on CyberArk Software from $485.00 to $425.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, CyberArk Software presently has a consensus rating of "Buy" and a consensus price target 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.