CyberArk Software Ltd. (NASDAQ:CYBR) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. increased its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 2.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,159 shares of the technology company's stock after purchasing an additional 1,336 shares during the quarter. Asset Management One Co. Ltd. owned 0.10% of CyberArk Software worth $16,616,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Private Client Wealth LLC lifted its holdings in shares of 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 period. Whipplewood Advisors LLC lifted its holdings in shares of CyberArk Software by 135.3% during the first quarter. Whipplewood Advisors LLC now owns 80 shares of the technology company's stock worth $27,000 after purchasing an additional 46 shares during the period. Plato Investment Management Ltd acquired a new stake in shares of CyberArk Software during the fourth quarter worth about $39,000. Graney & King LLC acquired a new stake in shares of CyberArk Software during the fourth quarter worth about $43,000. Finally, Coppell Advisory Solutions LLC lifted its holdings in shares of CyberArk Software by 325.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 149 shares of the technology company's stock worth $48,000 after purchasing an additional 114 shares during the period. Institutional investors and hedge funds own 91.84% of the company's stock.

Analyst Ratings Changes

CYBR has been the subject of several recent research reports. Robert W. Baird lifted their price target on CyberArk Software from $450.00 to $460.00 and gave the company an "outperform" rating in a research report on Wednesday, May 14th. Morgan Stanley reiterated an "equal weight" rating on shares of CyberArk Software in a research report on Tuesday, May 13th. Roth Capital initiated coverage on CyberArk Software in a research report on Tuesday, May 13th. They set a "buy" rating and a $415.00 price target for the company. Barclays reiterated an "overweight" rating on shares of CyberArk Software in a research report on Tuesday, May 13th. Finally, Truist Financial reduced their price target on CyberArk Software from $450.00 to $425.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Two investment 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $416.79.

CyberArk Software Stock Performance

Shares of CyberArk Software stock traded down $5.67 during trading hours on Friday, hitting $397.89. The company's stock had a trading volume of 410,617 shares, compared to its average volume of 558,860. CyberArk Software Ltd. has a twelve month low of $230.00 and a twelve month high of $421.00. The firm has a fifty day moving average of $371.17 and a 200-day moving average of $356.31. The stock has a market cap of $19.67 billion, a price-to-earnings ratio of -213.92 and a beta of 0.99.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The technology company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.79 by $0.19. CyberArk Software had a positive return on equity of 0.71% and a negative net margin of 7.97%. The business had revenue of $317.60 million for the quarter, compared to analyst estimates of $305.57 million. During the same quarter in the prior year, the company posted $0.75 EPS. The company's quarterly revenue was up 43.3% on a year-over-year basis. On average, sell-side analysts expect that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

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.