U.S. Capital Wealth Advisors LLC Makes New $1.81 Million Investment in CyberArk Software Ltd. (NASDAQ:CYBR)

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

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in CyberArk Software by 2,123.3% in the 4th quarter. Jones Financial Companies Lllp now owns 667 shares of the technology company's stock worth $222,000 after purchasing an additional 637 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in CyberArk Software by 54.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 198 shares of the technology company's stock worth $66,000 after purchasing an additional 70 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in CyberArk Software by 3.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 30,738 shares of the technology company's stock worth $10,240,000 after purchasing an additional 1,138 shares in the last quarter. Assetmark Inc. increased its stake in CyberArk Software by 112.6% in the 4th quarter. Assetmark Inc. now owns 287 shares of the technology company's stock worth $96,000 after purchasing an additional 152 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in CyberArk Software in the 4th quarter worth about $18,106,000. 91.84% of the stock is currently owned by institutional investors.

CyberArk Software Trading Down 5.0%

NASDAQ CYBR traded down $20.36 during midday trading on Thursday, hitting $384.95. The company had a trading volume of 775,691 shares, compared to its average volume of 665,939. The company has a market capitalization of $19.03 billion, a PE ratio of -207.10 and a beta of 1.00. The firm has a 50-day moving average price of $380.97 and a 200-day moving average price of $361.08. CyberArk Software Ltd. has a twelve month low of $230.00 and a twelve month high of $421.00.

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, beating 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 firm earned $0.75 EPS. The company's quarterly revenue was up 43.3% compared to the same quarter last year. On average, equities analysts anticipate that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CYBR. Roth Capital began coverage on CyberArk Software in a research note on Tuesday, May 13th. They issued a "buy" rating and a $415.00 price target for the company. Truist Financial cut their price target on CyberArk Software from $450.00 to $425.00 and set a "buy" rating for the company in a report on Monday, March 31st. Barclays reiterated an "overweight" rating on shares of CyberArk Software in a report on Tuesday, May 13th. Robert W. Baird boosted their price objective on CyberArk Software from $450.00 to $460.00 and gave the company an "outperform" rating in a research report on Wednesday, May 14th. Finally, KeyCorp lowered their price target on CyberArk Software from $485.00 to $425.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $416.79.

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.