CyberArk Software Ltd. (NASDAQ:CYBR) Shares Sold by Capital Fund Management S.A.

Capital Fund Management S.A. cut its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 38.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 41,105 shares of the technology company’s stock after selling 25,455 shares during the period. Capital Fund Management S.A.’s holdings in CyberArk Software were worth $13,694,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CYBR. F M Investments LLC bought a new stake in CyberArk Software during the 4th quarter valued at $2,063,000. CenterBook Partners LP increased its holdings in shares of CyberArk Software by 2.4% during the fourth quarter. CenterBook Partners LP now owns 1,603 shares of the technology company’s stock valued at $534,000 after purchasing an additional 38 shares during the period. Raymond James Financial Inc. bought a new stake in shares of CyberArk Software during the fourth quarter valued at about $18,106,000. APG Asset Management N.V. lifted its holdings in CyberArk Software by 7.8% in the fourth quarter. APG Asset Management N.V. now owns 1,915 shares of the technology company’s stock worth $616,000 after purchasing an additional 139 shares during the period. Finally, Cerity Partners LLC grew its position in CyberArk Software by 0.7% in the 4th quarter. Cerity Partners LLC now owns 53,118 shares of the technology company’s stock valued at $17,159,000 after buying an additional 373 shares in the last quarter. 91.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CYBR has been the subject of a number of research analyst reports. Mizuho upped their price target on shares of CyberArk Software from $345.00 to $365.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Morgan Stanley began coverage on CyberArk Software in a research report on Tuesday, March 18th. They issued an “equal weight” rating for the company. Needham & Company LLC reiterated a “buy” rating and set a $480.00 price target on shares of CyberArk Software in a research report on Thursday, March 20th. 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. Finally, Oppenheimer raised their target price on CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Two analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $418.39.

CyberArk Software Trading Up 2.1 %

Shares of CyberArk Software stock opened at $349.44 on Friday. CyberArk Software Ltd. has a 1 year low of $223.41 and a 1 year high of $421.00. The stock has a 50-day moving average price of $356.48 and a 200 day moving average price of $330.68. The company has a market cap of $17.27 billion, a P/E ratio of -179.20 and a beta of 1.00.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate 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 forecast that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal 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.