Lbp Am Sa Has $7.97 Million Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

LBP AM SA cut its position in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 12.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,575 shares of the technology company's stock after selling 3,397 shares during the period. LBP AM SA's holdings in CyberArk Software were worth $7,968,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of CYBR. TD Private Client Wealth LLC boosted its stake in 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. Golden State Wealth Management LLC increased its holdings in CyberArk Software by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 78 shares of the technology company's stock valued at $26,000 after buying an additional 39 shares in the last quarter. Whipplewood Advisors LLC raised its holdings in 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 last quarter. Bessemer Group Inc. boosted its position in shares of CyberArk Software by 421.1% in the 1st quarter. Bessemer Group Inc. now owns 99 shares of the technology company's stock worth $33,000 after buying an additional 80 shares in the last quarter. Finally, Graney & King LLC acquired a new stake in shares of CyberArk Software in the fourth quarter valued at approximately $43,000. 91.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on CYBR. Stephens began coverage on shares of CyberArk Software in a report on Tuesday, April 1st. They set an "overweight" rating and a $440.00 price target for the company. Cantor Fitzgerald reiterated an "overweight" rating and set a $400.00 price target on shares of CyberArk Software in a report on Tuesday, May 13th. Royal Bank Of Canada reiterated an "outperform" rating and set a $420.00 price target on shares of CyberArk Software in a report on Tuesday, May 13th. Robert W. Baird lifted their price target on shares of CyberArk Software from $450.00 to $460.00 and gave the stock an "outperform" rating in a report on Wednesday, May 14th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $445.00 target price on shares of CyberArk Software in a report on Tuesday, May 13th. 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 MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $416.79.

CyberArk Software Stock Performance

Shares of NASDAQ:CYBR traded down $28.92 during trading hours on Thursday, hitting $376.39. 2,091,692 shares of the company's stock traded hands, compared to its average volume of 572,020. CyberArk Software Ltd. has a 52 week low of $230.00 and a 52 week high of $421.00. The company's fifty day simple moving average is $382.03 and its two-hundred day simple moving average is $361.39. The company has a market cap of $18.60 billion, a price-to-earnings ratio of -202.36 and a beta of 1.00.

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