Integrated Wealth Concepts LLC Boosts Stock Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Integrated Wealth Concepts LLC boosted its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 428.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,327 shares of the technology company's stock after acquiring an additional 6,750 shares during the quarter. Integrated Wealth Concepts LLC's holdings in CyberArk Software were worth $2,774,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. TD Private Client Wealth LLC increased its holdings in shares of CyberArk Software by 79.1% during the 4th quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company's stock valued at $26,000 after purchasing an additional 34 shares in the last quarter. CenterBook Partners LP increased its holdings in CyberArk Software by 2.4% in the fourth quarter. CenterBook Partners LP now owns 1,603 shares of the technology company's stock valued at $534,000 after buying an additional 38 shares in the last quarter. Montag A & Associates Inc. raised its position in shares of CyberArk Software by 47.2% in the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company's stock worth $44,000 after acquiring an additional 42 shares during the period. Venturi Wealth Management LLC boosted its stake in shares of CyberArk Software by 6.9% during the 4th quarter. Venturi Wealth Management LLC now owns 805 shares of the technology company's stock worth $268,000 after acquiring an additional 52 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in shares of CyberArk Software by 1.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 3,827 shares of the technology company's stock worth $1,275,000 after acquiring an additional 53 shares in the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CYBR shares. Guggenheim reaffirmed a "buy" rating and issued a $455.00 price target on shares of CyberArk Software in a report on Tuesday, February 25th. StockNews.com lowered CyberArk Software from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Citigroup boosted their price target on shares of CyberArk Software from $410.00 to $450.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Wells Fargo & Company increased their price objective on shares of CyberArk Software from $425.00 to $500.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $445.00 target price on shares of CyberArk Software in a research note on Wednesday, February 26th. Two research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $415.18.

CyberArk Software Stock Down 0.1 %

Shares of CYBR traded down $0.51 during trading on Wednesday, reaching $352.16. 306,124 shares of the company traded hands, compared to its average volume of 535,536. The stock has a 50-day simple moving average of $341.72 and a 200-day simple moving average of $334.92. CyberArk Software Ltd. has a twelve month low of $223.41 and a twelve month high of $421.00. The stock has a market cap of $17.41 billion, a PE ratio of -180.59 and a beta of 1.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of $0.71 by ($0.85). CyberArk Software had a positive return on equity of 0.45% and a negative net margin of 9.34%. On average, equities research analysts predict 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.