597 Shares in CyberArk Software Ltd. $CYBR Bought by One Wealth Capital Management LLC

Key Points

• One Wealth Capital Management LLC has established a new position in CyberArk Software Ltd. by purchasing 597 shares valued at approximately $202,000.
• Several institutional investors have significantly increased their stakes in CyberArk, including Price T Rowe Associates, which grew its holdings by 1,598.3%.
• CyberArk Software's stock is rated "Hold" by most analysts, with a current average price target of $435.11, reflecting a mixed outlook for the company.

One Wealth Capital Management 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 Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 597 shares of the technology company's stock, valued at approximately $202,000.

Other large investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its position in shares of CyberArk Software by 3.6% during the first quarter. Venturi Wealth Management LLC now owns 834 shares of the technology company's stock worth $282,000 after purchasing an additional 29 shares in the last quarter. Prudential PLC lifted its position in shares of CyberArk Software by 2.4% during the first quarter. Prudential PLC now owns 1,277 shares of the technology company's stock worth $432,000 after purchasing an additional 30 shares in the last quarter. MAI Capital Management lifted its position in shares of CyberArk Software by 1.1% during the first quarter. MAI Capital Management now owns 2,756 shares of the technology company's stock worth $932,000 after purchasing an additional 31 shares in the last quarter. Y.D. More Investments Ltd lifted its position in shares of CyberArk Software by 0.5% during the first quarter. Y.D. More Investments Ltd now owns 6,974 shares of the technology company's stock worth $2,415,000 after purchasing an additional 38 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its position in shares of CyberArk Software by 100.0% during the first 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. 91.84% of the stock is owned by institutional investors.

CyberArk Software Trading Up 1.0%

CYBR traded up $4.67 during mid-day trading on Friday, hitting $462.77. The stock had a trading volume of 666,650 shares, compared to its average volume of 935,071. The stock's fifty day simple moving average is $410.77 and its 200-day simple moving average is $377.34. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.31 and a quick ratio of 2.31. The firm has a market capitalization of $22.87 billion, a price-to-earnings ratio of -137.32 and a beta of 1.03. CyberArk Software Ltd. has a 1-year low of $254.43 and a 1-year high of $466.66.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.09. CyberArk Software had a negative net margin of 13.78% and a positive return on equity of 0.44%. The business had revenue of $328.03 million for the quarter, compared to analyst estimates of $315.43 million. During the same period last year, the business posted $0.54 earnings per share. The firm's quarterly revenue was up 46.0% on a year-over-year basis. As a group, research analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. BTIG Research lowered shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 30th. Roth Capital initiated coverage on shares of CyberArk Software in a research report on Tuesday, May 13th. They set a "buy" rating and a $415.00 target price on the stock. William Blair lowered shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 30th. DA Davidson increased their price objective on shares of CyberArk Software from $465.00 to $518.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, Guggenheim lowered shares of CyberArk Software from a "strong-buy" rating to a "hold" rating and set a $455.00 price objective on the stock. in a report on Thursday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $435.11.

CyberArk Software Company 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.