Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Invests $44.91 Million in CyberArk Software Ltd. $CYBR

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. acquired a new position in CyberArk Software Ltd. (NASDAQ:CYBR) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 110,380 shares of the technology company’s stock, valued at approximately $44,911,000. CyberArk Software comprises approximately 5.3% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s portfolio, making the stock its 3rd biggest position.

Several other large investors have also recently bought and sold shares of the business. Venturi Wealth Management LLC raised its position in CyberArk Software by 3.6% in the first quarter. Venturi Wealth Management LLC now owns 834 shares of the technology company’s stock worth $282,000 after acquiring an additional 29 shares in the last quarter. Prudential PLC increased its holdings in shares of CyberArk Software by 2.4% in the 1st quarter. Prudential PLC now owns 1,277 shares of the technology company’s stock valued at $432,000 after purchasing an additional 30 shares in the last quarter. MAI Capital Management increased its holdings in shares of CyberArk Software by 1.1% in the 1st quarter. MAI Capital Management now owns 2,756 shares of the technology company’s stock valued at $932,000 after purchasing an additional 31 shares in the last quarter. Y.D. More Investments Ltd increased its holdings in CyberArk Software by 0.5% in the first quarter. Y.D. More Investments Ltd now owns 6,974 shares of the technology company’s stock valued at $2,415,000 after buying an additional 38 shares in the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in CyberArk Software by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 78 shares of the technology company’s stock valued at $26,000 after buying an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on CYBR shares. Stephens cut shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 31st. 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. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $420.00 price objective on shares of CyberArk Software in a research note on Tuesday, July 22nd. Rosenblatt Securities downgraded CyberArk Software from a “strong-buy” rating to a “hold” rating and set a $445.00 price objective for the company. in a research note on Friday, August 1st. Finally, Oppenheimer restated a “market perform” rating on shares of CyberArk Software in a research report on Friday, August 1st. Twelve equities research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $443.38.

CyberArk Software Stock Performance

CyberArk Software stock opened at $493.52 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 stock has a fifty day moving average of $458.28 and a two-hundred day moving average of $400.62. The company has a market capitalization of $24.91 billion, a price-to-earnings ratio of -146.45 and a beta of 1.01. CyberArk Software Ltd. has a fifty-two week low of $271.68 and a fifty-two week high of $514.28.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.09. The company had revenue of $328.03 million during the quarter, compared to the consensus estimate of $315.43 million. CyberArk Software had a positive return on equity of 0.44% and a negative net margin of 13.78%.CyberArk Software’s revenue was up 46.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 earnings per share. On average, analysts anticipate that CyberArk Software Ltd. will post -0.47 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.