Geneos Wealth Management Inc. Has $8.02 Million Stock Holdings in CyberArk Software Ltd. $CYBR

Geneos Wealth Management Inc. boosted its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 15.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,718 shares of the technology company’s stock after purchasing an additional 2,624 shares during the quarter. Geneos Wealth Management Inc.’s holdings in CyberArk Software were worth $8,023,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in shares of CyberArk Software in the second quarter valued at approximately $30,000. NewSquare Capital LLC raised its stake in CyberArk Software by 78.0% during the 2nd quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock valued at $30,000 after purchasing an additional 32 shares during the last quarter. AlphaCore Capital LLC bought a new stake in CyberArk Software in the 2nd quarter valued at $33,000. WPG Advisers LLC acquired a new stake in CyberArk Software in the 1st quarter worth $74,000. Finally, Rakuten Securities Inc. grew its position in CyberArk Software by 245.6% in the 2nd quarter. Rakuten Securities Inc. now owns 197 shares of the technology company’s stock worth $80,000 after purchasing an additional 140 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

CyberArk Software Price Performance

CyberArk Software stock opened at $462.86 on Monday. The business has a 50 day simple moving average of $487.32 and a 200 day simple moving average of $445.19. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.14 and a quick ratio of 2.14. The company has a market capitalization of $23.37 billion, a PE ratio of -100.40, a price-to-earnings-growth ratio of 24.91 and a beta of 0.99. CyberArk Software Ltd. has a one year low of $288.63 and a one year high of $526.19.

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

Analyst Ratings Changes

CYBR has been the subject of a number of research analyst reports. Weiss Ratings assumed coverage on shares of CyberArk Software in a research report on Saturday, November 1st. They set a “sell (d-)” rating for the company. DA Davidson reaffirmed a “buy” rating and issued a $518.00 price target on shares of CyberArk Software in a report on Friday, November 7th. Jefferies Financial Group lowered CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 30th. JMP Securities restated a “market perform” rating on shares of CyberArk Software in a research report on Tuesday, September 23rd. Finally, Citizens Jmp cut CyberArk Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Seven investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, CyberArk Software has a consensus rating of “Hold” and a consensus target price of $459.75.

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.