519 Shares in CyberArk Software Ltd. $CYBR Acquired by World Investment Advisors

World Investment Advisors acquired a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 519 shares of the technology company’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Venturi Wealth Management LLC boosted its stake in CyberArk Software by 3.6% during the 1st 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 boosted its stake in CyberArk Software by 2.4% during the 1st 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 boosted its stake in CyberArk Software by 1.1% during the 1st 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 boosted its stake in CyberArk Software by 0.5% during the 1st 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, Assetmark Inc. boosted its stake in CyberArk Software by 13.9% during the 1st quarter. Assetmark Inc. now owns 327 shares of the technology company’s stock worth $111,000 after acquiring an additional 40 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Performance

Shares of CYBR stock opened at $505.81 on Thursday. The company’s fifty day simple moving average is $488.51 and its 200-day simple moving average is $422.87. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.53. The firm has a market cap of $25.53 billion, a PE ratio of -150.09 and a beta of 1.01. CyberArk Software Ltd. has a 12 month low of $287.40 and a 12 month high of $526.19.

Analysts Set New Price Targets

CYBR has been the topic of a number of research reports. Guggenheim lowered shares of CyberArk Software from a “strong-buy” rating to a “hold” rating and set a $455.00 price target on the stock. in a research note on Thursday, July 31st. Barclays reaffirmed an “equal weight” rating and issued a $520.00 price target (up previously from $440.00) on shares of CyberArk Software in a research note on Tuesday, October 14th. BTIG Research lowered shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Citigroup lowered shares of CyberArk Software from a “buy” rating to a “hold” rating and lifted their price target for the company from $465.00 to $524.00 in a research note on Tuesday. Finally, Canaccord Genuity Group lowered shares of CyberArk Software from a “buy” rating to a “hold” rating and lifted their price target for the company from $440.00 to $502.00 in a research note on Wednesday, October 15th. Nine research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CyberArk Software has a consensus rating of “Hold” and a consensus target price of $451.69.

CyberArk Software Company 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.