5,831 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,831 shares of the technology company’s stock, valued at approximately $1,277,000. CyberArk Software comprises 0.9% of Semanteon Capital Management LP’s portfolio, making the stock its 3rd largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. National Bank of Canada FI raised its stake in shares of CyberArk Software by 34.1% during the 3rd quarter. National Bank of Canada FI now owns 613 shares of the technology company’s stock worth $100,000 after buying an additional 156 shares in the last quarter. Bfsg LLC grew its stake in shares of CyberArk Software by 27.3% during the 3rd quarter. Bfsg LLC now owns 8,583 shares of the technology company’s stock worth $1,406,000 after purchasing an additional 1,839 shares during the period. AMI Asset Management Corp grew its stake in shares of CyberArk Software by 1.9% during the 3rd quarter. AMI Asset Management Corp now owns 30,451 shares of the technology company’s stock worth $4,987,000 after purchasing an additional 580 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of CyberArk Software by 6.4% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 12,810 shares of the technology company’s stock valued at $2,098,000 after purchasing an additional 769 shares in the last quarter. Finally, Sheets Smith Wealth Management boosted its holdings in CyberArk Software by 2.5% during the third quarter. Sheets Smith Wealth Management now owns 2,778 shares of the technology company’s stock worth $455,000 after buying an additional 68 shares in the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CYBR. Citigroup upped their price target on CyberArk Software from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, January 10th. Morgan Stanley downgraded CyberArk Software from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $195.00 to $240.00 in a research report on Tuesday, January 9th. JMP Securities raised their price target on CyberArk Software from $195.00 to $280.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 31st. Rosenblatt Securities upped their price objective on CyberArk Software from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Finally, Needham & Company LLC upped their target price on shares of CyberArk Software from $245.00 to $310.00 and gave the company a “buy” rating in a report on Friday, February 9th. Two investment analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $258.54.

CyberArk Software Stock Performance

Shares of NASDAQ:CYBR traded up $0.54 during midday trading on Thursday, hitting $245.07. 323,215 shares of the company’s stock traded hands, compared to its average volume of 575,739. The firm’s fifty day moving average price is $256.39 and its two-hundred day moving average price is $222.88. CyberArk Software Ltd. has a twelve month low of $120.11 and a twelve month high of $283.00. The company has a market cap of $10.36 billion, a PE ratio of -151.28 and a beta of 1.05.

CyberArk Software (NASDAQ:CYBR) last issued its earnings results on Thursday, February 8th. The technology company reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.34) by $0.53. The company had revenue of $223.10 million during the quarter, compared to the consensus estimate of $209.65 million. CyberArk Software had a negative return on equity of 8.23% and a negative net margin of 8.84%. As a group, equities research analysts anticipate that CyberArk Software Ltd. will post -1.46 EPS for the current fiscal year.

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.