CyberArk Software Ltd. (NASDAQ:CYBR) is FWL Investment Management LLC's 8th Largest Position

FWL Investment Management LLC grew its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 29.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,078 shares of the technology company's stock after acquiring an additional 6,826 shares during the quarter. CyberArk Software comprises 3.6% of FWL Investment Management LLC's portfolio, making the stock its 8th biggest position. FWL Investment Management LLC owned about 0.07% of CyberArk Software worth $10,020,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of CYBR. CHURCHILL MANAGEMENT Corp bought a new stake in shares of CyberArk Software in the 4th quarter worth approximately $764,000. China Universal Asset Management Co. Ltd. purchased a new position in shares of CyberArk Software during the fourth quarter valued at $1,166,000. Spire Wealth Management boosted its position in CyberArk Software by 236.8% during the fourth quarter. Spire Wealth Management now owns 4,756 shares of the technology company's stock valued at $1,584,000 after purchasing an additional 3,344 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in CyberArk Software by 9.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 11,576 shares of the technology company's stock valued at $3,857,000 after purchasing an additional 1,024 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of CyberArk Software by 27.7% in the fourth quarter. Park Avenue Securities LLC now owns 4,092 shares of the technology company's stock worth $1,363,000 after buying an additional 887 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company's stock.

CyberArk Software Stock Down 0.3%

CYBR traded down $0.93 during trading on Tuesday, reaching $366.73. 1,143,555 shares of the stock traded hands, compared to its average volume of 637,301. The stock has a market capitalization of $18.13 billion, a PE ratio of -188.07 and a beta of 0.99. The stock's 50-day moving average is $340.97 and its 200 day moving average is $339.30. CyberArk Software Ltd. has a 12 month low of $223.41 and a 12 month high of $421.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The technology company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.53). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. As a group, equities research analysts anticipate that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

CYBR has been the topic of a number of recent analyst reports. DA Davidson dropped their price objective on CyberArk Software from $475.00 to $415.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. JPMorgan Chase & Co. increased their price target on CyberArk Software from $375.00 to $431.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 11th. Oppenheimer increased their price objective on CyberArk Software from $360.00 to $420.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. StockNews.com lowered CyberArk Software from a "buy" rating to a "hold" rating in a report on Friday, February 21st. Finally, Truist Financial dropped their price target on CyberArk Software from $450.00 to $425.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Two research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $415.18.

CyberArk Software 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.