Savant Capital LLC Makes New Investment in CyberArk Software Ltd. $CYBR

Savant Capital LLC acquired a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 648 shares of the technology company’s stock, valued at approximately $264,000.

A number of other large investors also recently made changes to their positions in the company. Venturi Wealth Management LLC lifted its holdings in CyberArk Software by 3.6% during the 1st quarter. Venturi Wealth Management LLC now owns 834 shares of the technology company’s stock worth $282,000 after purchasing an additional 29 shares during the last quarter. Prudential PLC increased its position in CyberArk Software by 2.4% during the 1st quarter. Prudential PLC now owns 1,277 shares of the technology company’s stock worth $432,000 after buying an additional 30 shares during the period. MAI Capital Management lifted its holdings in shares of CyberArk Software by 1.1% during the first quarter. MAI Capital Management now owns 2,756 shares of the technology company’s stock worth $932,000 after buying an additional 31 shares in the last quarter. NewSquare Capital LLC boosted its position in shares of CyberArk Software by 78.0% in the second quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock valued at $30,000 after acquiring an additional 32 shares during the period. Finally, Y.D. More Investments Ltd boosted its holdings in CyberArk Software by 0.5% in the 1st quarter. Y.D. More Investments Ltd now owns 6,974 shares of the technology company’s stock valued at $2,415,000 after purchasing an additional 38 shares during the period. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Trading Down 0.8%

NASDAQ CYBR opened at $478.76 on Wednesday. The company has a market cap of $24.17 billion, a price-to-earnings ratio of -142.07 and a beta of 1.01. CyberArk Software Ltd. has a twelve month low of $288.63 and a twelve month high of $526.19. 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 business’s fifty day moving average is $495.39 and its 200 day moving average is $433.22.

CyberArk Software (NASDAQ:CYBR) last issued its earnings results on Thursday, November 6th. The technology company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.28. CyberArk Software had a positive return on equity of 0.44% and a negative net margin of 13.78%.The business had revenue of $342.84 million during the quarter, compared to analysts’ expectations of $328.52 million. During the same quarter in the prior year, the firm earned $0.94 EPS. The business’s revenue for the quarter was up 42.8% compared to the same quarter last year. As a group, sell-side analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on CYBR. Weiss Ratings began coverage on CyberArk Software in a research note on Saturday, November 1st. They set a “sell (d-)” rating on the stock. Zacks Research cut CyberArk Software from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $448.00 target price (up previously from $420.00) on shares of CyberArk Software in a report on Thursday, July 31st. Robert W. Baird reissued a “neutral” rating and set a $460.00 price target on shares of CyberArk Software in a report on Friday, August 1st. Finally, Guggenheim lowered CyberArk Software from a “strong-buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a research note on Thursday, July 31st. Eight investment analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $455.96.

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.