CyberArk Software Ltd. (NASDAQ:CYBR) Shares Bought by 1832 Asset Management L.P.

1832 Asset Management L.P. raised its stake in CyberArk Software Ltd. (NASDAQ:CYBRFree Report) by 1,073.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,763 shares of the technology company’s stock after acquiring an additional 25,398 shares during the period. 1832 Asset Management L.P. owned 0.07% of CyberArk Software worth $6,081,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CYBR. J.P. Morgan Private Wealth Advisors LLC boosted its stake in CyberArk Software by 4.3% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 5,158 shares of the technology company’s stock valued at $845,000 after acquiring an additional 215 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of CyberArk Software during the third quarter worth approximately $778,000. Charles Schwab Investment Management Inc. boosted its position in shares of CyberArk Software by 6.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 25,924 shares of the technology company’s stock worth $4,246,000 after buying an additional 1,466 shares during the period. Van ECK Associates Corp boosted its position in shares of CyberArk Software by 6.8% during the third quarter. Van ECK Associates Corp now owns 13,929 shares of the technology company’s stock worth $2,281,000 after buying an additional 886 shares during the period. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in shares of CyberArk Software during the third quarter worth approximately $264,000. 91.84% of the stock is currently owned by institutional investors and hedge funds.

CyberArk Software Stock Up 0.9 %

NASDAQ CYBR opened at $239.97 on Friday. CyberArk Software Ltd. has a 1 year low of $142.92 and a 1 year high of $283.00. The business’s fifty day moving average is $241.96 and its two-hundred day moving average is $236.99.

CyberArk Software (NASDAQ:CYBRGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The technology company reported $0.16 earnings per share for the quarter, topping the consensus estimate of ($0.51) by $0.67. CyberArk Software had a negative net margin of 3.20% and a negative return on equity of 2.51%. The firm had revenue of $221.55 million for the quarter, compared to analysts’ expectations of $213.42 million. On average, equities analysts anticipate that CyberArk Software Ltd. will post -1.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CYBR. Truist Financial boosted their price objective on CyberArk Software from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Canaccord Genuity Group reduced their price objective on CyberArk Software from $300.00 to $280.00 and set a “buy” rating for the company in a research report on Tuesday. Cantor Fitzgerald reiterated an “overweight” rating and set a $300.00 price objective on shares of CyberArk Software in a research report on Friday, May 3rd. Susquehanna boosted their price objective on CyberArk Software from $255.00 to $310.00 and gave the stock a “positive” rating in a research report on Friday, February 9th. Finally, BTIG Research assumed coverage on CyberArk Software in a report on Thursday, March 28th. They set a “buy” rating and a $317.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $270.83.

Get Our Latest Stock Report on CYBR

About CyberArk Software

(Free Report)

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.

See Also

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

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