Bank Julius Baer & Co. Ltd Zurich Has $5.21 Million Holdings in CyberArk Software Ltd. $CYBR

Bank Julius Baer & Co. Ltd Zurich cut its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 17.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,568 shares of the technology company’s stock after selling 2,640 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in CyberArk Software were worth $5,212,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new stake in shares of CyberArk Software in the 2nd quarter valued at approximately $30,000. NewSquare Capital LLC lifted its holdings in shares of CyberArk Software by 78.0% in the second quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock valued at $30,000 after purchasing an additional 32 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of CyberArk Software by 298.0% in the first quarter. Harbour Investments Inc. now owns 203 shares of the technology company’s stock worth $69,000 after buying an additional 152 shares during the period. WPG Advisers LLC purchased a new position in shares of CyberArk Software during the first quarter valued at $74,000. Finally, CWM LLC grew its holdings in shares of CyberArk Software by 146.7% during the first quarter. CWM LLC now owns 222 shares of the technology company’s stock valued at $75,000 after buying an additional 132 shares in the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.

CyberArk Software Price Performance

Shares of CYBR opened at $440.07 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.31 and a current ratio of 2.31. The firm has a market cap of $22.21 billion, a PE ratio of -130.58 and a beta of 1.01. The firm’s 50 day moving average price is $494.48 and its 200 day moving average price is $434.12. CyberArk Software Ltd. has a twelve month low of $288.63 and a twelve month high of $526.19.

CyberArk Software (NASDAQ:CYBR) last posted its earnings results on Thursday, November 6th. The technology company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.92 by $0.28. CyberArk Software had a negative net margin of 13.78% and a positive return on equity of 0.44%. The company had revenue of $342.84 million during the quarter, compared to the consensus estimate of $328.52 million. During the same period in the previous year, the firm posted $0.94 earnings per share. The company’s revenue for the quarter was up 42.8% compared to the same quarter last year. As a group, research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Guggenheim downgraded CyberArk Software from a “strong-buy” rating to a “hold” rating and set a $455.00 price objective for the company. in a research note on Thursday, July 31st. Stephens lowered shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 31st. DA Davidson restated a “buy” rating and set a $518.00 price target on shares of CyberArk Software in a report on Friday, November 7th. Oppenheimer reaffirmed a “market perform” rating on shares of CyberArk Software in a research report on Friday, August 1st. Finally, Barclays reiterated an “equal weight” rating and issued a $520.00 target price (up previously from $440.00) on shares of CyberArk Software in a research report on Tuesday, October 14th. Eight research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, CyberArk Software has a consensus rating of “Hold” and an average price target of $455.96.

About CyberArk Software

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.