CyberArk Software Ltd. $CYBR Shares Acquired by Brookstone Capital Management

Brookstone Capital Management increased its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 13.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 688 shares of the technology company’s stock after acquiring an additional 79 shares during the quarter. Brookstone Capital Management’s holdings in CyberArk Software were worth $280,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Venturi Wealth Management LLC lifted its holdings in CyberArk Software by 3.6% in the first quarter. Venturi Wealth Management LLC now owns 834 shares of the technology company’s stock worth $282,000 after acquiring an additional 29 shares during the last quarter. Prudential PLC lifted its holdings in CyberArk Software by 2.4% in the first quarter. Prudential PLC now owns 1,277 shares of the technology company’s stock worth $432,000 after acquiring an additional 30 shares during the last quarter. MAI Capital Management lifted its holdings in CyberArk Software by 1.1% in the first quarter. MAI Capital Management now owns 2,756 shares of the technology company’s stock worth $932,000 after acquiring an additional 31 shares during the last quarter. Y.D. More Investments Ltd lifted its holdings in CyberArk Software by 0.5% in the first quarter. Y.D. More Investments Ltd now owns 6,974 shares of the technology company’s stock worth $2,415,000 after acquiring an additional 38 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in CyberArk Software by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 78 shares of the technology company’s stock worth $26,000 after acquiring an additional 39 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Trading Up 0.4%

CyberArk Software stock opened at $522.02 on Wednesday. The firm has a 50 day simple moving average of $479.61 and a 200-day simple moving average of $415.36. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.31 and a quick ratio of 2.31. The stock has a market capitalization of $26.35 billion, a PE ratio of -154.90 and a beta of 1.01. CyberArk Software Ltd. has a 12-month low of $271.68 and a 12-month high of $526.19.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. The business had revenue of $328.03 million during the quarter, compared to analysts’ expectations of $315.43 million. CyberArk Software had a negative net margin of 13.78% and a positive return on equity of 0.44%. The business’s revenue was up 46.0% on a year-over-year basis. During the same period last year, the firm posted $0.54 earnings per share. As a group, equities research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CYBR has been the topic of a number of recent research reports. Wolfe Research cut shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Friday, August 1st. UBS Group lowered shares of CyberArk Software from a “strong-buy” rating to a “hold” rating and raised their price target for the company from $480.00 to $485.00 in a research note on Thursday, July 31st. Royal Bank Of Canada restated a “sector perform” rating and issued a $448.00 price target (up previously from $420.00) on shares of CyberArk Software in a research note on Thursday, July 31st. JMP Securities restated a “market perform” rating on shares of CyberArk Software in a research note on Tuesday, September 23rd. Finally, Needham & Company LLC raised their price target on shares of CyberArk Software from $460.00 to $551.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Ten analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $448.85.

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.