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

LBP AM SA reduced its stake in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 12.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 institutional investors also recently made changes to their positions in the stock. Bessemer Group Inc. lifted its position in shares of CyberArk Software by 421.1% in the first 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. 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 worth $26,000 after buying an additional 39 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in CyberArk Software by 17.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,868 shares of the technology company's stock worth $627,000 after buying an additional 280 shares during the last quarter. Blue Trust Inc. increased its holdings in CyberArk Software by 5.9% in the first quarter. Blue Trust Inc. now owns 1,099 shares of the technology company's stock worth $371,000 after buying an additional 61 shares during the last quarter. Finally, Yousif Capital Management LLC increased its holdings in CyberArk Software by 9.1% in the first quarter. Yousif Capital Management LLC now owns 2,235 shares of the technology company's stock worth $755,000 after buying an additional 187 shares during the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

CyberArk Software Stock Performance

Shares of NASDAQ CYBR traded down $2.30 during midday trading on Friday, reaching $374.09. 689,713 shares of the company traded hands, compared to its average volume of 572,556. The stock's 50-day simple moving average is $382.03 and its 200-day simple moving average is $361.39. CyberArk Software Ltd. has a 12 month low of $230.00 and a 12 month high of $421.00. The firm has a market cap of $18.49 billion, a PE ratio of -201.14 and a beta of 1.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The technology company reported $0.98 earnings per share for the quarter, topping 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 firm had revenue of $317.60 million during the quarter, compared to analysts' expectations of $305.57 million. During the same period in the previous year, the business posted $0.75 EPS. The company's quarterly revenue was up 43.3% compared to the same quarter last year. On average, equities research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CYBR. Needham & Company LLC restated a "buy" rating and issued a $480.00 price objective on shares of CyberArk Software in a report on Thursday, March 20th. Roth Capital began coverage on CyberArk Software in a report on Tuesday, May 13th. They issued a "buy" rating and a $415.00 price objective on the stock. Rosenblatt Securities restated a "buy" rating and issued a $445.00 price objective on shares of CyberArk Software in a report on Tuesday, May 13th. Morgan Stanley reiterated an "equal weight" rating on shares of CyberArk Software in a report on Tuesday, May 13th. Finally, 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. Two analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, CyberArk Software presently has an average rating of "Moderate Buy" and a consensus price target of $416.79.

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.