California State Teachers Retirement System Purchases 816 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

California State Teachers Retirement System increased its position in shares of CyberArk Software Ltd. (NASDAQ:CYBRFree Report) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 34,093 shares of the technology company’s stock after buying an additional 816 shares during the period. California State Teachers Retirement System owned 0.08% of CyberArk Software worth $7,468,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Jennison Associates LLC boosted its holdings in shares of CyberArk Software by 81.4% during the 4th quarter. Jennison Associates LLC now owns 1,053,964 shares of the technology company’s stock worth $230,871,000 after buying an additional 472,961 shares during the period. Polar Capital Holdings Plc boosted its holdings in CyberArk Software by 15.4% in the 3rd quarter. Polar Capital Holdings Plc now owns 594,809 shares of the technology company’s stock valued at $97,412,000 after purchasing an additional 79,506 shares during the period. TimesSquare Capital Management LLC boosted its holdings in CyberArk Software by 2.1% in the 3rd quarter. TimesSquare Capital Management LLC now owns 553,969 shares of the technology company’s stock valued at $90,724,000 after purchasing an additional 11,387 shares during the period. Norges Bank bought a new stake in CyberArk Software in the 4th quarter valued at $100,797,000. Finally, Nomura Holdings Inc. boosted its holdings in CyberArk Software by 9.5% in the 3rd quarter. Nomura Holdings Inc. now owns 364,875 shares of the technology company’s stock valued at $59,756,000 after purchasing an additional 31,660 shares during the period. 91.84% of the stock is owned by institutional investors.

CyberArk Software Price Performance

CyberArk Software stock opened at $239.97 on Monday. The company’s 50 day simple moving average is $241.96 and its 200 day simple moving average is $237.64. CyberArk Software Ltd. has a fifty-two week low of $142.92 and a fifty-two week high of $283.00. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of -374.95 and a beta of 1.08.

CyberArk Software (NASDAQ:CYBRGet Free Report) last released 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. The business had revenue of $221.55 million for the quarter, compared to analyst estimates of $213.42 million. CyberArk Software had a negative net margin of 3.20% and a negative return on equity of 2.51%. As a group, analysts predict that CyberArk Software Ltd. will post -1.24 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CYBR has been the subject of a number of research reports. Needham & Company LLC reissued a “buy” rating and issued a $310.00 price target on shares of CyberArk Software in a report on Monday, May 20th. Canaccord Genuity Group reduced their price target on shares of CyberArk Software from $300.00 to $280.00 and set a “buy” rating for the company in a report on Tuesday, June 4th. DA Davidson increased their price objective on shares of CyberArk Software from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, May 22nd. Cantor Fitzgerald reiterated an “overweight” rating and set a $300.00 target price on shares of CyberArk Software in a research report on Friday, May 3rd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $310.00 target price on shares of CyberArk Software in a research report on Wednesday, May 1st. Two analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the stock. According to MarketBeat, CyberArk Software presently has an average rating of “Moderate Buy” and an average price target of $270.83.

Get Our Latest Research Report on CyberArk Software

CyberArk Software Company Profile

(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.

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

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