Harel Insurance Investments & Financial Services Ltd. reduced its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 92.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,181 shares of the technology company's stock after selling 14,893 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.'s holdings in CyberArk Software were worth $399,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. TD Private Client Wealth LLC grew its holdings 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 worth $26,000 after purchasing an additional 34 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of CyberArk Software by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 78 shares of the technology company's stock worth $26,000 after purchasing an additional 39 shares in the last quarter. Whipplewood Advisors LLC grew its holdings in shares of CyberArk Software by 135.3% during the 1st quarter. Whipplewood Advisors LLC now owns 80 shares of the technology company's stock worth $27,000 after purchasing an additional 46 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of CyberArk Software by 421.1% during the 1st quarter. Bessemer Group Inc. now owns 99 shares of the technology company's stock worth $33,000 after purchasing an additional 80 shares in the last quarter. Finally, Graney & King LLC acquired a new stake in shares of CyberArk Software during the 4th quarter worth $43,000. 91.84% of the stock is owned by institutional investors and hedge funds.
CyberArk Software Stock Performance
Shares of CYBR traded down $6.28 during mid-day trading on Tuesday, reaching $395.18. 553,799 shares of the company were exchanged, compared to its average volume of 563,866. CyberArk Software Ltd. has a 52 week low of $230.00 and a 52 week high of $421.00. The stock has a market capitalization of $19.53 billion, a PE ratio of -212.46 and a beta of 1.00. The business has a 50 day simple moving average of $380.12 and a two-hundred day simple moving average of $360.84.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The technology company reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $317.60 million during the quarter, compared to the consensus estimate of $305.57 million. During the same period last year, the company earned $0.75 earnings per share. The firm's revenue was up 43.3% compared to the same quarter last year. On average, analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current year.
Analyst Upgrades and Downgrades
CYBR has been the topic of several analyst reports. KeyCorp reduced their target price on CyberArk Software from $485.00 to $425.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Morgan Stanley reaffirmed an "equal weight" rating on shares of CyberArk Software in a research note on Tuesday, May 13th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $420.00 price objective on shares of CyberArk Software in a research note on Tuesday, May 13th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $400.00 price objective on shares of CyberArk Software in a research note on Tuesday, May 13th. Finally, Barclays reaffirmed an "overweight" rating on shares of CyberArk Software in a research note on Tuesday, May 13th. Two investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, CyberArk Software presently has a consensus rating of "Moderate Buy" and a consensus price target of $416.79.
Check Out Our Latest Stock Analysis on CYBR
CyberArk Software Company 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.
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