Susquehanna Fundamental Investments LLC Invests $554,000 in CyberArk Software Ltd. (NASDAQ:CYBR)

Susquehanna Fundamental Investments LLC acquired a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,664 shares of the technology company's stock, valued at approximately $554,000.

Several other large investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in CyberArk Software in the fourth quarter valued at approximately $25,000. TD Private Client Wealth LLC raised its position in CyberArk Software by 79.1% in 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 last quarter. Plato Investment Management Ltd acquired a new stake in CyberArk Software during the 4th quarter worth $39,000. Graney & King LLC purchased a new position in CyberArk Software during the 4th quarter worth $43,000. Finally, Montag A & Associates Inc. increased its stake in 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 purchasing an additional 42 shares during the period. Institutional investors and hedge funds own 91.84% of the company's stock.

CyberArk Software Stock Down 0.3 %

Shares of CYBR traded down $0.99 on Wednesday, hitting $361.09. 389,890 shares of the stock traded hands, compared to its average volume of 528,597. CyberArk Software Ltd. has a 1 year low of $223.41 and a 1 year high of $421.00. The stock's 50 day moving average is $340.60 and its two-hundred day moving average is $337.08. The firm has a market capitalization of $17.85 billion, a P/E ratio of -185.17 and a beta of 0.99.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share 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%. Research analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

CYBR has been the topic of a number of research reports. Truist Financial lowered their price target on CyberArk Software from $450.00 to $425.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Oppenheimer boosted their target price on CyberArk Software from $360.00 to $420.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. Canaccord Genuity Group increased 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. JPMorgan Chase & Co. boosted their price objective on shares of CyberArk Software from $375.00 to $431.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Finally, Roth Capital assumed coverage on shares of CyberArk Software in a research note on Wednesday, April 23rd. They issued a "buy" rating and a $415.00 target price for the company. Two equities research 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. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $415.18.

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.