CyberArk Software Ltd. (NASDAQ:CYBR) Shares Acquired by Chicago Capital LLC

Chicago Capital LLC boosted its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 5.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,769 shares of the technology company’s stock after buying an additional 200 shares during the quarter. Chicago Capital LLC’s holdings in CyberArk Software were worth $1,274,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of CYBR. TD Private Client Wealth LLC lifted its position in shares of CyberArk Software by 79.1% in the 4th quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company’s stock valued at $26,000 after acquiring an additional 34 shares in the last quarter. Whipplewood Advisors LLC increased its position in CyberArk Software by 135.3% in the 1st quarter. Whipplewood Advisors LLC now owns 80 shares of the technology company’s stock worth $27,000 after purchasing an additional 46 shares during the last quarter. Plato Investment Management Ltd bought a new position in CyberArk Software during the fourth quarter valued at approximately $39,000. Graney & King LLC acquired a new stake in shares of CyberArk Software in the 4th quarter valued at $43,000. Finally, Montag A & Associates Inc. boosted its stake in shares of CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after acquiring an additional 42 shares in the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Roth Capital started coverage on shares of CyberArk Software in a research note on Tuesday, May 13th. They issued a “buy” rating and a $415.00 target price on the stock. Guggenheim reaffirmed a “buy” rating and issued a $455.00 target price on shares of CyberArk Software in a research report on Tuesday, February 25th. Rosenblatt Securities restated a “buy” rating and set a $445.00 target price on shares of CyberArk Software in a research report on Tuesday, May 13th. Wall Street Zen lowered shares of CyberArk Software from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Finally, Truist Financial decreased their target price on CyberArk Software from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Monday, March 31st. Two equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $416.79.

CyberArk Software Stock Up 0.3%

Shares of CYBR stock opened at $390.41 on Wednesday. The firm has a market capitalization of $19.30 billion, a price-to-earnings ratio of -209.90 and a beta of 0.99. CyberArk Software Ltd. has a 12-month low of $230.00 and a 12-month high of $421.00. The firm has a fifty day moving average of $362.75 and a 200-day moving average of $352.87.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings data on Tuesday, May 13th. The technology company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.19. The business had revenue of $317.60 million for the quarter, compared to analyst estimates of $305.57 million. CyberArk Software had a negative net margin of 7.97% and a positive return on equity of 0.71%. The firm’s quarterly revenue was up 43.3% on a year-over-year basis. During the same period last year, the business posted $0.75 earnings per share. Research analysts expect that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

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.