Janus Henderson Group PLC lifted its position in CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 7,524.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 170,710 shares of the technology company's stock after purchasing an additional 168,471 shares during the quarter. Janus Henderson Group PLC owned about 0.39% of CyberArk Software worth $56,914,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. CHURCHILL MANAGEMENT Corp purchased a new position in CyberArk Software during the fourth quarter valued at approximately $764,000. China Universal Asset Management Co. Ltd. purchased a new stake in shares of CyberArk Software in the fourth quarter valued at approximately $1,166,000. Spire Wealth Management increased its position in shares of CyberArk Software by 236.8% in the fourth quarter. Spire Wealth Management now owns 4,756 shares of the technology company's stock valued at $1,584,000 after buying an additional 3,344 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of CyberArk Software by 9.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 11,576 shares of the technology company's stock valued at $3,857,000 after buying an additional 1,024 shares in the last quarter. Finally, Park Avenue Securities LLC increased 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 valued at $1,363,000 after buying an additional 887 shares in the last quarter. 91.84% of the stock is currently owned by hedge funds and other institutional investors.
CyberArk Software Stock Performance
Shares of CyberArk Software stock traded down $0.05 on Friday, reaching $355.00. 667,570 shares of the company were exchanged, compared to its average volume of 543,041. The company's 50-day moving average is $343.15 and its two-hundred day moving average is $340.50. The firm has a market cap of $17.55 billion, a price-to-earnings ratio of -182.05 and a beta of 0.99. CyberArk Software Ltd. has a 1-year low of $223.41 and a 1-year high of $421.00.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) earnings per share (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%. As a group, sell-side analysts forecast that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.
Analysts Set New Price Targets
Several brokerages recently commented on CYBR. Canaccord Genuity Group boosted their price target on CyberArk Software from $330.00 to $440.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Wells Fargo & Company boosted their price target on CyberArk Software from $425.00 to $500.00 and gave the stock an "overweight" rating in a research report on Friday, February 14th. DA Davidson boosted their price objective on CyberArk Software from $415.00 to $435.00 and gave the stock a "buy" rating in a research note on Tuesday. Guggenheim reissued a "buy" rating and set a $455.00 price objective on shares of CyberArk Software in a research note on Tuesday, February 25th. Finally, Piper Sandler upped their price target on CyberArk Software from $380.00 to $440.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, CyberArk Software presently has an average rating of "Moderate Buy" and an average target price of $415.71.
Read Our Latest Report on CYBR
CyberArk Software Company Profile
(
Free Report)
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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