Capital Fund Management S.A. lowered its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 52.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,860 shares of the technology company’s stock after selling 57,500 shares during the period. Capital Fund Management S.A. owned approximately 0.18% of CyberArk Software worth $2,590,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legal & General Group Plc increased its holdings in shares of CyberArk Software by 6.1% in the second quarter. Legal & General Group Plc now owns 5,213 shares of the technology company’s stock worth $260,000 after buying an additional 300 shares during the period. Swiss National Bank increased its holdings in shares of CyberArk Software by 1.1% in the first quarter. Swiss National Bank now owns 35,900 shares of the technology company’s stock worth $1,826,000 after buying an additional 400 shares during the period. US Bancorp DE increased its holdings in shares of CyberArk Software by 7.3% in the first quarter. US Bancorp DE now owns 6,959 shares of the technology company’s stock worth $354,000 after buying an additional 476 shares during the period. Congress Asset Management Co. MA increased its holdings in shares of CyberArk Software by 0.5% in the second quarter. Congress Asset Management Co. MA now owns 174,798 shares of the technology company’s stock worth $8,731,000 after buying an additional 867 shares during the period. Finally, Creative Planning increased its holdings in shares of CyberArk Software by 4.1% in the second quarter. Creative Planning now owns 25,148 shares of the technology company’s stock worth $1,256,000 after buying an additional 995 shares during the period. Hedge funds and other institutional investors own 81.74% of the company’s stock.

CYBR has been the topic of several analyst reports. BidaskClub downgraded CyberArk Software from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 11th. ValuEngine downgraded CyberArk Software from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Deutsche Bank AG downgraded CyberArk Software from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $60.00 to $45.00 in a report on Friday, July 14th. Needham & Company LLC reiterated a “buy” rating and issued a $55.00 price objective on shares of CyberArk Software in a report on Tuesday. Finally, Zacks Investment Research upgraded CyberArk Software from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. CyberArk Software has an average rating of “Hold” and a consensus target price of $50.60.

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Shares of CyberArk Software Ltd. (CYBR) opened at 41.90 on Thursday. The company has a market capitalization of $1.24 billion, a PE ratio of 53.79 and a beta of 2.58. CyberArk Software Ltd. has a 52-week low of $39.34 and a 52-week high of $56.25. The firm’s 50-day moving average price is $40.85 and its 200 day moving average price is $47.53.

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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Institutional Ownership by Quarter for CyberArk Software (NASDAQ:CYBR)

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