CyberArk Software Ltd. $CYBR Shares Sold by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lowered its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 1.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,437 shares of the technology company’s stock after selling 53 shares during the quarter. 180 Wealth Advisors LLC’s holdings in CyberArk Software were worth $1,398,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CYBR. Golden State Wealth Management LLC raised its position in shares of CyberArk Software by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 78 shares of the technology company’s stock worth $26,000 after purchasing an additional 39 shares during the period. Opal Wealth Advisors LLC acquired a new stake in shares of CyberArk Software during the 2nd quarter worth approximately $30,000. Bessemer Group Inc. raised its position in shares of CyberArk Software by 421.1% during the 1st quarter. Bessemer Group Inc. now owns 99 shares of the technology company’s stock worth $33,000 after purchasing an additional 80 shares during the period. Morse Asset Management Inc acquired a new stake in shares of CyberArk Software during the 1st quarter worth approximately $34,000. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of CyberArk Software by 340.0% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 110 shares of the technology company’s stock worth $37,000 after purchasing an additional 85 shares during the period. 91.84% of the stock is currently owned by institutional investors and hedge funds.

CyberArk Software Stock Performance

Shares of CyberArk Software stock opened at $507.04 on Friday. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.53. The stock has a market cap of $25.60 billion, a PE ratio of -150.46 and a beta of 1.01. The business has a fifty day simple moving average of $474.06 and a 200-day simple moving average of $410.46. CyberArk Software Ltd. has a 12 month low of $271.68 and a 12 month high of $514.28.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. The business had revenue of $328.03 million for the quarter, compared to analyst estimates of $315.43 million. CyberArk Software had a positive return on equity of 0.44% and a negative net margin of 13.78%.The firm’s revenue for the quarter was up 46.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 EPS. On average, sell-side analysts anticipate that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Analysts Set New Price Targets

CYBR has been the topic of a number of research reports. Oppenheimer reiterated a “market perform” rating on shares of CyberArk Software in a research report on Friday, August 1st. Zacks Research cut CyberArk Software from a “hold” rating to a “strong sell” rating in a research report on Tuesday. DA Davidson raised their target price on CyberArk Software from $465.00 to $518.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Guggenheim lowered CyberArk Software from a “strong-buy” rating to a “hold” rating and set a $455.00 price target for the company. in a research note on Thursday, July 31st. Finally, BTIG Research lowered CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Ten analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $448.85.

About CyberArk Software

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.