Bamco Inc. NY Has $100.95 Million Holdings in CyberArk Software Ltd. $CYBR

Bamco Inc. NY raised its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 4.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 248,101 shares of the technology company’s stock after buying an additional 10,564 shares during the quarter. Bamco Inc. NY owned 0.50% of CyberArk Software worth $100,947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CYBR. Opal Wealth Advisors LLC acquired a new stake in shares of CyberArk Software in the 2nd quarter valued at approximately $30,000. NewSquare Capital LLC increased its stake in 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. AlphaCore Capital LLC acquired a new stake in CyberArk Software in the second quarter worth $33,000. WPG Advisers LLC bought a new position in shares of CyberArk Software during the first quarter worth $74,000. Finally, DHJJ Financial Advisors Ltd. acquired a new position in shares of CyberArk Software in the 2nd quarter valued at $81,000. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Trading Up 0.7%

NASDAQ CYBR opened at $462.86 on Friday. CyberArk Software Ltd. has a 52 week low of $288.63 and a 52 week high of $526.19. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.14 and a current ratio of 2.14. The stock’s 50 day moving average price is $487.32 and its two-hundred day moving average price is $444.31. The stock has a market capitalization of $23.37 billion, a price-to-earnings ratio of -100.40, a PEG ratio of 24.74 and a beta of 0.99.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.28. The company had revenue of $342.84 million for the quarter, compared to the consensus estimate of $328.52 million. CyberArk Software had a negative net margin of 17.42% and a negative return on equity of 0.07%. The firm’s revenue was up 42.8% compared to the same quarter last year. During the same period last year, the company earned $0.94 earnings per share. As a group, analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CYBR. Weiss Ratings began coverage on CyberArk Software in a research note on Saturday, November 1st. They set a “sell (d-)” rating on the stock. Canaccord Genuity Group cut CyberArk Software from a “buy” rating to a “hold” rating and lifted their price objective for the company from $440.00 to $502.00 in a report on Wednesday, October 15th. DA Davidson reissued a “buy” rating and set a $518.00 target price on shares of CyberArk Software in a research note on Friday, November 7th. Jefferies Financial Group downgraded shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 30th. Finally, JMP Securities reiterated a “market perform” rating on shares of CyberArk Software in a report on Tuesday, September 23rd. Seven research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, CyberArk Software presently has an average rating of “Hold” and a consensus price target of $459.75.

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.