Daiwa Securities Group Inc. Increases Stock Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Daiwa Securities Group Inc. grew its position in CyberArk Software Ltd. (NASDAQ:CYBRGet Rating) by 29.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 7,929 shares of the technology company’s stock after purchasing an additional 1,822 shares during the period. Daiwa Securities Group Inc.’s holdings in CyberArk Software were worth $1,338,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Nordea Investment Management AB raised its holdings in shares of CyberArk Software by 10.2% during the 4th quarter. Nordea Investment Management AB now owns 2,185 shares of the technology company’s stock valued at $387,000 after buying an additional 202 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of CyberArk Software during the 4th quarter worth about $271,000. National Bank of Canada FI bought a new stake in shares of CyberArk Software during the 4th quarter worth about $215,000. Liontrust Investment Partners LLP boosted its stake in CyberArk Software by 157.1% during the 4th quarter. Liontrust Investment Partners LLP now owns 27,000 shares of the technology company’s stock valued at $4,679,000 after purchasing an additional 16,500 shares during the period. Finally, Cim LLC boosted its stake in CyberArk Software by 12.1% during the 4th quarter. Cim LLC now owns 2,354 shares of the technology company’s stock valued at $307,000 after purchasing an additional 255 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. KeyCorp assumed coverage on CyberArk Software in a report on Monday, April 4th. They issued an “overweight” rating and a $217.00 target price for the company. Mizuho dropped their target price on CyberArk Software from $180.00 to $170.00 and set a “buy” rating for the company in a report on Tuesday. Wedbush decreased their price target on CyberArk Software from $195.00 to $150.00 in a research report on Friday, May 13th. Stephens started coverage on CyberArk Software in a research report on Wednesday, May 25th. They set an “overweight” rating and a $170.00 price target on the stock. Finally, Summit Insights decreased their price target on CyberArk Software from $225.00 to $150.00 in a research report on Thursday, May 12th. Three investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $179.89.

CyberArk Software Stock Down 2.3 %

NASDAQ:CYBR opened at $139.72 on Friday. CyberArk Software Ltd. has a 12-month low of $100.35 and a 12-month high of $201.68. The company has a quick ratio of 3.07, a current ratio of 3.07 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $5.69 billion, a P/E ratio of -52.33 and a beta of 1.25. The stock’s fifty day simple moving average is $134.06 and its 200-day simple moving average is $146.27.

CyberArk Software (NASDAQ:CYBRGet Rating) last issued its quarterly earnings data on Thursday, May 12th. The technology company reported ($0.88) EPS for the quarter, hitting the consensus estimate of ($0.88). The business had revenue of $127.60 million for the quarter, compared to the consensus estimate of $130.43 million. CyberArk Software had a negative return on equity of 12.64% and a negative net margin of 20.58%. The firm’s revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the business posted ($0.28) EPS. Equities research analysts expect that CyberArk Software Ltd. will post -3.61 earnings per share for the current year.

CyberArk Software Company Profile

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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.

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Institutional Ownership by Quarter for CyberArk Software (NASDAQ:CYBR)

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