Jackson Square Capital LLC boosted its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 5.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 25,183 shares of the technology company's stock after acquiring an additional 1,329 shares during the quarter. CyberArk Software comprises about 2.8% of Jackson Square Capital LLC's portfolio, making the stock its 9th largest position. Jackson Square Capital LLC owned about 0.05% of CyberArk Software worth $8,512,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CYBR. TD Private Client Wealth LLC raised its stake in shares of CyberArk Software by 79.1% during the 4th quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company's stock valued at $26,000 after buying an additional 34 shares during the last quarter. Whipplewood Advisors LLC boosted its holdings in CyberArk Software by 135.3% in the 1st quarter. Whipplewood Advisors LLC now owns 80 shares of the technology company's stock worth $27,000 after buying an additional 46 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in CyberArk Software in the 4th quarter worth about $39,000. Graney & King LLC acquired a new position in shares of CyberArk Software during the 4th quarter worth approximately $43,000. Finally, Montag A & Associates Inc. boosted its holdings in shares of CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock worth $44,000 after purchasing an additional 42 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company's stock.
CyberArk Software Trading Down 1.4%
Shares of CYBR stock traded down $5.43 on Friday, reaching $386.69. 385,659 shares of the stock were exchanged, compared to its average volume of 553,991. The business's 50 day moving average price is $361.27 and its 200 day moving average price is $351.94. The company has a market capitalization of $19.11 billion, a price-to-earnings ratio of -198.30 and a beta of 0.99. CyberArk Software Ltd. has a twelve month low of $230.00 and a twelve month high of $421.00.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The technology company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.19. CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. The company had revenue of $317.60 million during the quarter, compared to the consensus estimate of $305.57 million. During the same quarter in the prior year, the firm posted $0.75 earnings per share. CyberArk Software's revenue for the quarter was up 43.3% on a year-over-year basis. Equities research analysts forecast that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.
Wall Street Analyst Weigh In
CYBR has been the topic of a number of recent analyst reports. DA Davidson upped their price objective on CyberArk Software from $435.00 to $465.00 and gave the company a "buy" rating in a report on Thursday. Cantor Fitzgerald reiterated an "overweight" rating and issued a $400.00 price objective on shares of CyberArk Software in a report on Tuesday, May 13th. KeyCorp decreased their price objective on CyberArk Software from $485.00 to $425.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Barclays reiterated an "overweight" rating on shares of CyberArk Software in a report on Tuesday, May 13th. Finally, Stephens began coverage on CyberArk Software in a research report on Tuesday, April 1st. They issued an "overweight" rating and a $440.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, CyberArk Software currently has a consensus rating of "Moderate Buy" and a consensus target price of $416.79.
Check Out Our Latest Report on CYBR
CyberArk Software Profile
(
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.
Further Reading
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