Several other analysts have also weighed in on CYBR. Wells Fargo & Company cut their price objective on CyberArk Software from $170.00 to $125.00 in a report on Friday, May 13th. Summit Insights dropped their price target on CyberArk Software from $225.00 to $150.00 in a research report on Thursday, May 12th. Needham & Company LLC upgraded CyberArk Software from a “hold” rating to a “buy” rating and set a $195.00 target price on the stock in a research note on Friday, February 11th. Zacks Investment Research upgraded CyberArk Software from a “hold” rating to a “buy” rating and set a $165.00 target price on the stock in a research note on Monday, May 2nd. Finally, KeyCorp started coverage on CyberArk Software in a research report on Monday, April 4th. They set an “overweight” rating and a $217.00 target price for the company. Three investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $180.72.
Shares of CyberArk Software stock opened at $132.22 on Wednesday. The company has a fifty day moving average price of $154.78 and a 200 day moving average price of $158.01. The company has a current ratio of 3.07, a quick ratio of 3.07 and a debt-to-equity ratio of 0.85. CyberArk Software has a twelve month low of $100.35 and a twelve month high of $201.68. The stock has a market cap of $5.29 billion, a price-to-earnings ratio of -49.52 and a beta of 1.24.
Several institutional investors have recently made changes to their positions in CYBR. Wasatch Advisors Inc. raised its stake in shares of CyberArk Software by 5.1% in the third quarter. Wasatch Advisors Inc. now owns 4,012,342 shares of the technology company’s stock worth $633,228,000 after purchasing an additional 196,044 shares during the last quarter. RGM Capital LLC lifted its holdings in CyberArk Software by 3.3% during the first quarter. RGM Capital LLC now owns 1,157,103 shares of the technology company’s stock valued at $195,261,000 after purchasing an additional 36,667 shares during the last quarter. First Trust Advisors LP lifted its holdings in CyberArk Software by 8.3% during the first quarter. First Trust Advisors LP now owns 1,129,744 shares of the technology company’s stock valued at $190,644,000 after purchasing an additional 86,160 shares during the last quarter. Wellington Management Group LLP lifted its holdings in CyberArk Software by 219.9% during the third quarter. Wellington Management Group LLP now owns 993,920 shares of the technology company’s stock valued at $156,860,000 after purchasing an additional 683,192 shares during the last quarter. Finally, American Capital Management Inc. lifted its holdings in CyberArk Software by 0.8% during the fourth quarter. American Capital Management Inc. now owns 857,682 shares of the technology company’s stock valued at $148,619,000 after purchasing an additional 7,085 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.
About CyberArk Software (Get Rating)
CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager that offers risk-based credential security and session management to protect against attacks involving privileged access; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide fast, easy, and secure privileged access to third-party vendors; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Cloud Entitlements Manager, a SaaS solution, which reduces risk that arises from excessive privileges by implementing least privilege across cloud environments.
- Get a free copy of the StockNews.com research report on CyberArk Software (CYBR)
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