CyberArk Software Ltd. (NASDAQ:CYBR) Shares Acquired by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC boosted its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,823 shares of the technology company’s stock after acquiring an additional 79 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in CyberArk Software were worth $607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CYBR. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of CyberArk Software in the fourth quarter valued at approximately $25,000. TD Private Client Wealth LLC increased its stake 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 buying an additional 34 shares during the period. Plato Investment Management Ltd acquired a new position in CyberArk Software in the 4th quarter valued at $39,000. Graney & King LLC purchased a new position in CyberArk Software during the 4th quarter worth $43,000. Finally, Montag A & Associates Inc. lifted its stake in shares of CyberArk Software by 47.2% in 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. 91.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on CYBR. Rosenblatt Securities reissued a “buy” rating and set a $445.00 price target on shares of CyberArk Software in a report on Wednesday, February 26th. Canaccord Genuity Group increased their target price on CyberArk Software from $330.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. JPMorgan Chase & Co. raised their price target on CyberArk Software from $375.00 to $431.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. JMP Securities upped their price objective on CyberArk Software from $390.00 to $480.00 and gave the stock a “market outperform” rating in a report on Friday, February 14th. Finally, Piper Sandler raised their target price on CyberArk Software from $380.00 to $440.00 and gave the company an “overweight” rating in a report 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 MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $418.39.

CyberArk Software Trading Up 2.1 %

CyberArk Software stock opened at $349.44 on Friday. The stock has a 50-day moving average price of $356.48 and a 200 day moving average price of $330.68. CyberArk Software Ltd. has a 52 week low of $223.41 and a 52 week high of $421.00. The stock has a market cap of $17.27 billion, a PE ratio of -179.20 and a beta of 1.00.

CyberArk Software (NASDAQ:CYBR) last issued 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%. On average, equities analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current year.

CyberArk Software 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.