Moore Capital Management LP Sells 21,329 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Moore Capital Management LP lessened its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 81.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,856 shares of the technology company's stock after selling 21,329 shares during the period. Moore Capital Management LP's holdings in CyberArk Software were worth $1,618,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CYBR. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of CyberArk Software during the 4th quarter worth approximately $25,000. TD Private Client Wealth LLC lifted 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 worth $26,000 after acquiring an additional 34 shares during the period. Plato Investment Management Ltd bought a new stake in shares of CyberArk Software during the 4th quarter worth approximately $39,000. Graney & King LLC bought a new stake in shares of CyberArk Software during the 4th quarter worth approximately $43,000. Finally, Montag A & Associates Inc. lifted its holdings in shares of CyberArk Software by 47.2% during the 4th 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. Institutional investors and hedge funds own 91.84% of the company's stock.

CyberArk Software Stock Down 0.0%

NASDAQ:CYBR traded down $0.05 during trading hours on Friday, reaching $355.00. The company had a trading volume of 667,570 shares, compared to its average volume of 543,041. The firm has a market cap of $17.55 billion, a price-to-earnings ratio of -182.05 and a beta of 0.99. The business's 50-day simple moving average is $342.67 and its two-hundred day simple moving average is $340.02. CyberArk Software Ltd. has a twelve month low of $223.41 and a twelve month high of $421.00.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted 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%. As a group, equities analysts predict that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Stifel Nicolaus increased their price objective on shares of CyberArk Software from $370.00 to $444.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Guggenheim reissued a "buy" rating and issued a $455.00 price objective on shares of CyberArk Software in a research note on Tuesday, February 25th. Robert W. Baird increased their price objective on shares of CyberArk Software from $450.00 to $460.00 and gave the company an "outperform" rating in a research note on Wednesday. Stephens assumed coverage on shares of CyberArk Software in a research note on Tuesday, April 1st. They issued an "overweight" rating and a $440.00 price objective for the company. Finally, Needham & Company LLC reissued a "buy" rating and issued a $480.00 price objective on shares of CyberArk Software in a research note on Thursday, March 20th. Two investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, CyberArk Software has a consensus rating of "Moderate Buy" and an average price target of $415.71.

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.