5,364 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC bought a new stake in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,364 shares of the technology company's stock, valued at approximately $1,813,000.

Several other hedge funds also recently bought and sold shares of CYBR. Bessemer Group Inc. raised its holdings in shares of CyberArk Software by 421.1% during the first quarter. Bessemer Group Inc. now owns 99 shares of the technology company's stock worth $33,000 after acquiring an additional 80 shares during the period. Golden State Wealth Management LLC raised its holdings 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 acquiring an additional 39 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of CyberArk Software by 17.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,868 shares of the technology company's stock worth $627,000 after acquiring an additional 280 shares during the period. Blue Trust Inc. raised its holdings in shares of CyberArk Software by 5.9% during the first quarter. Blue Trust Inc. now owns 1,099 shares of the technology company's stock worth $371,000 after acquiring an additional 61 shares during the period. Finally, Yousif Capital Management LLC raised its holdings in shares of CyberArk Software by 9.1% during the first quarter. Yousif Capital Management LLC now owns 2,235 shares of the technology company's stock worth $755,000 after acquiring an additional 187 shares during the period. 91.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CYBR shares. Needham & Company LLC restated a "buy" rating and set a $480.00 price objective on shares of CyberArk Software in a report on Thursday, March 20th. Truist Financial decreased their target price on shares of CyberArk Software from $450.00 to $425.00 and set a "buy" rating for the company in a research report on Monday, March 31st. DA Davidson raised their target price on shares of CyberArk Software from $435.00 to $465.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Morgan Stanley reaffirmed an "equal weight" rating on shares of CyberArk Software in a research report on Tuesday, May 13th. Finally, KeyCorp decreased their target price on shares of CyberArk Software from $485.00 to $425.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Two research 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, the company has a consensus rating of "Moderate Buy" and a consensus price target of $416.79.

CyberArk Software Price Performance

CyberArk Software stock traded down $28.92 during midday trading on Thursday, hitting $376.39. The company's stock had a trading volume of 2,091,692 shares, compared to its average volume of 572,020. CyberArk Software Ltd. has a 1-year low of $230.00 and a 1-year high of $421.00. The company has a 50-day moving average price of $382.03 and a two-hundred day moving average price of $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 issued 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 company had revenue of $317.60 million during the quarter, compared to analysts' expectations of $305.57 million. CyberArk Software had a negative net margin of 7.97% and a positive return on equity of 0.71%. The business's revenue for the quarter was up 43.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 EPS. Sell-side analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current year.

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.