CyberArk Software Ltd. (NASDAQ:CYBR) Shares Bought by Blair William & Co. IL

Blair William & Co. IL raised its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 167,202 shares of the technology company’s stock after acquiring an additional 8,222 shares during the period. Blair William & Co. IL’s holdings in CyberArk Software were worth $55,703,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its stake in shares of CyberArk Software by 5.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,600 shares of the technology company’s stock valued at $8,632,000 after purchasing an additional 1,557 shares during the period. Centaurus Financial Inc. grew its holdings in CyberArk Software by 18.8% in the third quarter. Centaurus Financial Inc. now owns 475 shares of the technology company’s stock valued at $139,000 after purchasing an additional 75 shares during the period. Daiwa Securities Group Inc. grew its holdings in CyberArk Software by 11.5% in the third quarter. Daiwa Securities Group Inc. now owns 3,774 shares of the technology company’s stock valued at $1,101,000 after purchasing an additional 389 shares during the period. Townsquare Capital LLC increased its position in shares of CyberArk Software by 8.9% in the third quarter. Townsquare Capital LLC now owns 16,914 shares of the technology company’s stock valued at $4,932,000 after buying an additional 1,388 shares in the last quarter. Finally, Cynosure Group LLC acquired a new position in shares of CyberArk Software during the 3rd quarter worth approximately $393,000. 91.84% of the stock is owned by hedge funds and other institutional investors.

CyberArk Software Price Performance

CYBR stock opened at $341.21 on Friday. CyberArk Software Ltd. has a 1 year low of $223.41 and a 1 year high of $421.00. The firm has a market capitalization of $16.86 billion, a P/E ratio of -174.98 and a beta of 1.06. The business’s 50-day moving average is $364.49 and its two-hundred day moving average is $325.26.

CyberArk Software (NASDAQ:CYBR) last issued 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 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 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently commented on CYBR. KeyCorp boosted their price target on shares of CyberArk Software from $400.00 to $485.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $415.00 price target on shares of CyberArk Software in a research note on Monday, January 27th. Stifel Nicolaus increased their price objective on CyberArk Software from $370.00 to $444.00 and gave the company a “buy” rating in a research note on Friday, February 14th. JMP Securities lifted their target price on shares of CyberArk Software from $390.00 to $480.00 and gave the stock a “market outperform” rating in a research note on Friday, February 14th. Finally, StockNews.com cut shares of CyberArk Software from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Two analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to MarketBeat.com, CyberArk Software presently has an average rating of “Moderate Buy” and a consensus price target of $418.15.

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.