Vanguard Personalized Indexing Management LLC Raises Holdings in CyberArk Software Ltd. $CYBR

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in CyberArk Software by 15.4%, owning a total of 4,825 shares valued at approximately $1,963,000 as of the latest reporting period.
• CyberArk Software reported $0.88 earnings per share for the last quarter, surpassing analyst expectations and showing a 46.0% year-over-year revenue growth.
• The stock currently holds a neutral rating from several analysts, with an average price target set at $448.85, reflecting mixed forecasts for its future performance.

Vanguard Personalized Indexing Management LLC raised its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 15.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,825 shares of the technology company's stock after acquiring an additional 644 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in CyberArk Software were worth $1,963,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in CyberArk Software during the second quarter valued at approximately $30,000. Golden State Wealth Management LLC raised its position 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 valued at $26,000 after purchasing an additional 39 shares during the period. Bessemer Group Inc. lifted its stake 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 purchasing an additional 80 shares in the last quarter. Morse Asset Management Inc purchased a new stake in shares of CyberArk Software in the first quarter worth about $34,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of CyberArk Software by 340.0% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 110 shares of the technology company's stock valued at $37,000 after buying an additional 85 shares in the last quarter. Hedge funds and other institutional investors own 91.84% of the company's stock.

CyberArk Software Trading Down 0.5%

NASDAQ CYBR opened at $486.39 on Friday. The company has a market capitalization of $24.55 billion, a price-to-earnings ratio of -144.33 and a beta of 1.01. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.31 and a quick ratio of 2.31. CyberArk Software Ltd. has a 12 month low of $271.68 and a 12 month high of $514.28. The company's fifty day moving average price is $465.09 and its two-hundred day moving average price is $404.45.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last released its earnings results on Wednesday, July 30th. The technology company reported $0.88 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $328.03 million during the quarter, compared to the consensus estimate of $315.43 million. During the same quarter in the previous year, the firm earned $0.54 EPS. The company's revenue was up 46.0% on a year-over-year basis. As a group, research analysts predict that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CYBR shares. Robert W. Baird restated a "neutral" rating and issued a $460.00 price target on shares of CyberArk Software in a report on Friday, August 1st. JMP Securities reissued a "market perform" rating on shares of CyberArk Software in a research report on Tuesday, September 23rd. Stephens downgraded shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 31st. Wedbush reaffirmed a "neutral" rating and set a $450.00 price target on shares of CyberArk Software in a research note on Thursday, July 31st. Finally, Citizens Jmp lowered shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 23rd. Ten equities research analysts have rated the stock with a Buy rating and twenty-one have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $448.85.

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.

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