CyberArk Software Ltd. (NASDAQ:CYBR)’s share price traded down 0.8% on Monday after Imperial Capital lowered their price target on the stock from $55.00 to $42.00. Imperial Capital currently has an in-line rating on the stock. CyberArk Software traded as low as $41.32 and last traded at $42.35, with a volume of 1,731,860 shares traded. The stock had previously closed at $42.68.

Other equities analysts also recently issued reports about the company. BidaskClub upgraded CyberArk Software from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 1st. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $56.00 target price (down from $64.00) on shares of CyberArk Software in a research report on Friday. J P Morgan Chase & Co downgraded CyberArk Software from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $63.00 to $45.00 in a report on Friday. Oppenheimer Holdings, Inc. cut their price objective on CyberArk Software from $60.00 to $51.00 and set an “outperform” rating on the stock in a report on Friday. Finally, JMP Securities cut their price objective on CyberArk Software from $62.00 to $53.00 and set a “market outperform” rating on the stock in a report on Friday. One analyst has rated the stock with a sell rating, eleven have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. CyberArk Software currently has a consensus rating of “Buy” and an average price target of $51.17.

Large investors have recently bought and sold shares of the stock. MARSHALL WACE ASIA Ltd acquired a new stake in shares of CyberArk Software during the first quarter worth $56,420,000. Marshall Wace North America L.P. acquired a new stake in shares of CyberArk Software during the first quarter worth $56,420,000. Columbia Wanger Asset Management LLC acquired a new stake in shares of CyberArk Software during the first quarter worth $30,030,000. Clarity Capital KCPS Ltd. acquired a new stake in shares of CyberArk Software during the first quarter worth $22,803,000. Finally, Nomura Asset Management Co. Ltd. acquired a new stake in shares of CyberArk Software during the first quarter worth $22,515,000. Institutional investors and hedge funds own 77.51% of the company’s stock.

The firm has a market capitalization of $1.25 billion, a PE ratio of 48.74 and a beta of 2.66. The firm’s 50 day moving average price is $48.75 and its 200 day moving average price is $50.35.

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About CyberArk Software

CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.

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