Graham Capital Management L.P. lifted its position in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 318.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,330 shares of the technology company's stock after purchasing an additional 8,622 shares during the quarter. Graham Capital Management L.P.'s holdings in CyberArk Software were worth $3,775,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in CyberArk Software in the fourth quarter worth $25,000. TD Private Client Wealth LLC increased its stake in shares of CyberArk Software by 79.1% in the fourth 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 during the period. Plato Investment Management Ltd bought a new stake in CyberArk Software during the 4th quarter valued at $39,000. Graney & King LLC bought a new stake in CyberArk Software during the 4th quarter valued at $43,000. Finally, Montag A & Associates Inc. grew its holdings in CyberArk Software by 47.2% in the 4th 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 own 91.84% of the company's stock.
Analysts Set New Price Targets
A number of analysts recently commented on CYBR shares. Stifel Nicolaus raised their price target on CyberArk Software from $370.00 to $444.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Canaccord Genuity Group lifted their target price on shares of CyberArk Software from $330.00 to $440.00 and gave the company a "buy" rating in a research note on Friday, February 14th. 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 note on Wednesday, February 5th. KeyCorp lowered their price objective on shares of CyberArk Software from $485.00 to $425.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Finally, Citigroup upped their target price on CyberArk Software from $410.00 to $450.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Two research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $415.71.
View Our Latest Stock Report on CyberArk Software
CyberArk Software Stock Performance
CYBR traded down $0.02 during trading on Friday, reaching $355.03. 364,360 shares of the company traded hands, compared to its average volume of 541,081. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00. The firm has a fifty day simple moving average of $342.67 and a 200 day simple moving average of $340.02. The company has a market cap of $17.55 billion, a P/E ratio of -182.25 and a beta of 0.99.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) 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%. As a group, sell-side analysts expect that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.
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.
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