Soros Fund Management LLC purchased a new stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 140,318 shares of the technology company's stock, valued at approximately $46,747,000. CyberArk Software accounts for approximately 0.7% of Soros Fund Management LLC's holdings, making the stock its 28th largest holding. Soros Fund Management LLC owned about 0.32% of CyberArk Software at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in CYBR. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of CyberArk Software during the fourth quarter valued at approximately $25,000. TD Private Client Wealth LLC increased its position in 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 during the period. Plato Investment Management Ltd bought a new position in CyberArk Software in the 4th quarter worth $39,000. Graney & King LLC purchased a new stake in shares of CyberArk Software in the 4th quarter worth about $43,000. Finally, Montag A & Associates Inc. increased its position in shares of CyberArk Software by 47.2% during 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 during the period. Institutional investors own 91.84% of the company's stock.
CyberArk Software Stock Performance
Shares of CYBR stock traded up $5.18 on Friday, reaching $357.28. The stock had a trading volume of 340,198 shares, compared to its average volume of 530,354. The stock has a market cap of $17.66 billion, a P/E ratio of -183.22 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. The company has a 50 day simple moving average of $340.39 and a 200 day simple moving average of $335.88.
CyberArk Software (NASDAQ:CYBR - Get Free Report) last released its quarterly earnings results 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 negative net margin of 9.34% and a positive return on equity of 0.45%. On average, equities research analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. KeyCorp cut their price objective on CyberArk Software from $485.00 to $425.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. DA Davidson decreased 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. Piper Sandler boosted their target price on shares of CyberArk Software from $380.00 to $440.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Rosenblatt Securities reiterated a "buy" rating and issued a $445.00 price target on shares of CyberArk Software in a research note on Wednesday, February 26th. Finally, Morgan Stanley dropped their price objective on shares of CyberArk Software from $390.00 to $380.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Two equities 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 company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $415.18.
Check Out Our Latest Report on CYBR
About CyberArk Software
(
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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