Signaturefd LLC Has $190,000 Stock Position in CyberArk Software Ltd. (NASDAQ:CYBR)

Signaturefd LLC lifted its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 6.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 868 shares of the technology company’s stock after buying an additional 54 shares during the period. Signaturefd LLC’s holdings in CyberArk Software were worth $190,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Assetmark Inc. raised its holdings in shares of CyberArk Software by 62.1% during the 3rd quarter. Assetmark Inc. now owns 248 shares of the technology company’s stock worth $41,000 after buying an additional 95 shares in the last quarter. Desjardins Global Asset Management Inc. raised its holdings in shares of CyberArk Software by 22.1% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 282 shares of the technology company’s stock worth $62,000 after buying an additional 51 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of CyberArk Software during the 3rd quarter worth $84,000. National Bank of Canada FI raised its holdings in shares of CyberArk Software by 34.1% during the 3rd quarter. National Bank of Canada FI now owns 613 shares of the technology company’s stock worth $100,000 after buying an additional 156 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in CyberArk Software by 20.6% in the 4th quarter. Blue Trust Inc. now owns 562 shares of the technology company’s stock worth $123,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CYBR shares. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $300.00 target price on shares of CyberArk Software in a report on Wednesday, April 17th. Mizuho upped their target price on CyberArk Software from $250.00 to $310.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Citigroup upped their target price on CyberArk Software from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, January 10th. Bank of America reaffirmed a “buy” rating and issued a $315.00 target price on shares of CyberArk Software in a report on Wednesday. Finally, Morgan Stanley cut CyberArk Software from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $195.00 to $240.00 in a report on Tuesday, January 9th. Two analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. According to MarketBeat, CyberArk Software presently has a consensus rating of “Moderate Buy” and an average price target of $258.54.

CyberArk Software Stock Performance

Shares of NASDAQ:CYBR opened at $242.60 on Friday. The business’s 50 day simple moving average is $256.03 and its two-hundred day simple moving average is $223.79. The firm has a market cap of $10.25 billion, a P/E ratio of -149.75 and a beta of 1.05. CyberArk Software Ltd. has a 52-week low of $120.11 and a 52-week high of $283.00.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings results on Thursday, February 8th. The technology company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.53. The business had revenue of $223.10 million for the quarter, compared to analyst estimates of $209.65 million. CyberArk Software had a negative return on equity of 8.23% and a negative net margin of 8.84%. On average, equities analysts forecast that CyberArk Software Ltd. will post -1.46 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.