Inscription Capital LLC Buys Shares of 4,100 CyberArk Software Ltd. (NASDAQ:CYBR)

Inscription Capital LLC bought a new stake in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,100 shares of the technology company's stock, valued at approximately $1,386,000.

Several other large investors have also modified their holdings of the business. TD Private Client Wealth LLC boosted its position 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 during the period. Whipplewood Advisors LLC boosted its position 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 buying an additional 46 shares during the period. Plato Investment Management Ltd purchased a new position in shares of CyberArk Software during the fourth quarter worth $39,000. Graney & King LLC acquired a new stake in shares of CyberArk Software in the fourth quarter valued at $43,000. Finally, Montag A & Associates Inc. raised its holdings in shares of CyberArk Software by 47.2% in the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock valued at $44,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 91.84% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Royal Bank Of Canada restated an "outperform" rating and set a $420.00 target price on shares of CyberArk Software in a report on Tuesday, May 13th. Rosenblatt Securities reissued a "buy" rating and set a $445.00 price target on shares of CyberArk Software in a research report on Tuesday, May 13th. Guggenheim restated a "buy" rating and issued a $455.00 price objective on shares of CyberArk Software in a report on Tuesday, February 25th. Barclays reaffirmed an "overweight" rating on shares of CyberArk Software in a research note on Tuesday, May 13th. Finally, Citigroup increased their target price on shares of CyberArk Software from $410.00 to $450.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Two analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $416.79.

CyberArk Software Trading Down 1.4%

Shares of CyberArk Software stock traded down $5.42 on Friday, hitting $383.05. The stock had a trading volume of 1,527,155 shares, compared to its average volume of 556,858. The stock has a market cap of $18.93 billion, a price-to-earnings ratio of -205.94 and a beta of 0.99. CyberArk Software Ltd. has a 52-week low of $230.00 and a 52-week high of $421.00. The company's 50 day moving average price is $365.25 and its 200 day moving average price is $353.85.

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

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.