J. Safra Sarasin Holding AG Has $3.09 Million Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

J. Safra Sarasin Holding AG reduced its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 15.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,269 shares of the technology company's stock after selling 1,758 shares during the period. J. Safra Sarasin Holding AG's holdings in CyberArk Software were worth $3,088,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Roth Capital started coverage on CyberArk Software in a research report on Wednesday. They issued a "buy" rating and a $415.00 price target on the stock. Stifel Nicolaus lifted their price target on CyberArk Software from $370.00 to $444.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Piper Sandler boosted their price target on shares of CyberArk Software from $380.00 to $440.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. DA Davidson cut their price objective on CyberArk Software from $475.00 to $415.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Canaccord Genuity Group lifted their price target on CyberArk Software from $330.00 to $440.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating, twenty-five have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $415.18.

CyberArk Software Trading Up 1.2 %

CyberArk Software stock traded up $4.06 during trading hours on Friday, reaching $349.29. 347,600 shares of the stock were exchanged, compared to its average volume of 536,719. The company has a market cap of $17.26 billion, a P/E ratio of -179.12 and a beta of 1.00. CyberArk Software Ltd. has a twelve month low of $223.41 and a twelve month high of $421.00. The stock has a 50 day moving average of $343.93 and a two-hundred day moving average of $334.44.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its 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, analysts expect that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

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.