NBC Securities Inc. Has $363,000 Stock Position in CyberArk Software Ltd. (NASDAQ:CYBR)

NBC Securities Inc. increased its position in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 107,300.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,074 shares of the technology company's stock after purchasing an additional 1,073 shares during the quarter. NBC Securities Inc.'s holdings in CyberArk Software were worth $363,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. TD Private Client Wealth LLC boosted its position in CyberArk Software by 79.1% in 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. Plato Investment Management Ltd acquired a new position in shares of CyberArk Software in the fourth quarter worth about $39,000. Graney & King LLC purchased a new position in CyberArk Software in the fourth quarter valued at about $43,000. Montag A & Associates Inc. grew its stake in CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock valued at $44,000 after purchasing an additional 42 shares in the last quarter. Finally, Coppell Advisory Solutions LLC increased its holdings in CyberArk Software by 325.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 149 shares of the technology company's stock worth $48,000 after purchasing an additional 114 shares during the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

CyberArk Software Stock Performance

Shares of CYBR traded down $1.87 during mid-day trading on Tuesday, reaching $396.07. 522,360 shares of the company's stock traded hands, compared to its average volume of 554,419. The business's 50-day moving average price is $354.98 and its 200-day moving average price is $350.44. The stock has a market capitalization of $19.58 billion, a P/E ratio of -203.11 and a beta of 0.99. CyberArk Software Ltd. has a 12 month low of $230.00 and a 12 month high of $421.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its earnings results on Tuesday, May 13th. The technology company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.79 by $0.19. The firm had revenue of $317.60 million for the quarter, compared to analysts' expectations of $305.57 million. CyberArk Software had a positive return on equity of 0.45% and a negative net margin of 9.34%. The firm's revenue was up 43.3% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. Equities research analysts anticipate that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Stephens started coverage on CyberArk Software in a research note on Tuesday, April 1st. They set an "overweight" rating and a $440.00 target price for the company. Barclays reaffirmed an "overweight" rating on shares of CyberArk Software in a report on Tuesday, May 13th. JMP Securities raised their price objective on shares of CyberArk Software from $390.00 to $480.00 and gave the stock a "market outperform" rating in a report on Friday, February 14th. Roth Capital assumed coverage on shares of CyberArk Software in a research report on Tuesday, May 13th. They issued a "buy" rating and a $415.00 target price for the company. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $420.00 target price on shares of CyberArk Software in a research note on Tuesday, May 13th. Two equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $415.71.

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.