Cyberark Software Ltd (NASDAQ:CYBR)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $114.24 and last traded at $113.46, with a volume of 557785 shares traded. The stock had previously closed at $109.92.

A number of research firms have recently issued reports on CYBR. Zacks Investment Research raised Cyberark Software from a “hold” rating to a “buy” rating and set a $82.00 price target on the stock in a research report on Tuesday, January 8th. Deutsche Bank raised Cyberark Software from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a report on Thursday, December 20th. BidaskClub downgraded Cyberark Software from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. Evercore ISI reissued a “buy” rating and issued a $96.00 price target on shares of Cyberark Software in a report on Wednesday, February 13th. Finally, Barclays reissued a “hold” rating and issued a $112.00 price target on shares of Cyberark Software in a report on Friday, February 15th. Four investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Cyberark Software presently has an average rating of “Buy” and a consensus price target of $86.25.

The firm has a market cap of $3.90 billion, a P/E ratio of 79.16, a P/E/G ratio of 4.87 and a beta of 1.87.

Cyberark Software (NASDAQ:CYBR) last issued its quarterly earnings data on Thursday, February 14th. The technology company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.59 by $0.30. Cyberark Software had a return on equity of 12.24% and a net margin of 13.72%. The company had revenue of $109.10 million for the quarter, compared to analyst estimates of $95.94 million. During the same period last year, the company earned $0.41 earnings per share. Cyberark Software’s quarterly revenue was up 35.7% compared to the same quarter last year. Research analysts expect that Cyberark Software Ltd will post 1.11 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the company. Acadian Asset Management LLC boosted its stake in shares of Cyberark Software by 0.4% in the fourth quarter. Acadian Asset Management LLC now owns 1,480,124 shares of the technology company’s stock worth $109,737,000 after acquiring an additional 5,476 shares during the last quarter. Morgan Stanley boosted its stake in Cyberark Software by 180.9% during the third quarter. Morgan Stanley now owns 1,198,230 shares of the technology company’s stock worth $95,668,000 after buying an additional 771,727 shares during the last quarter. Two Sigma Investments LP boosted its stake in Cyberark Software by 31.5% during the fourth quarter. Two Sigma Investments LP now owns 693,815 shares of the technology company’s stock worth $51,439,000 after buying an additional 166,371 shares during the last quarter. BlackRock Inc. boosted its stake in Cyberark Software by 3.8% during the fourth quarter. BlackRock Inc. now owns 668,893 shares of the technology company’s stock worth $49,592,000 after buying an additional 24,783 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in Cyberark Software by 16.7% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 635,610 shares of the technology company’s stock worth $47,123,000 after buying an additional 91,060 shares during the last quarter. 78.05% of the stock is currently owned by hedge funds and other institutional investors.

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Cyberark Software Company Profile (NASDAQ:CYBR)

CyberArk Software Ltd. develops, markets, and sells software-based security solutions that protect organizations from cyber attacks in the United States and internationally. The company offers privileged account security solution to secure, manage, and monitor account access and activities. Its privileged account security solution consists of Enterprise Password Vault that prevents user passwords and SSH keys; Privileged Session Manager that protects windows based systems, databases, virtual machines, network devices, Web sites, and SaaS applications; and Privileged Threat Analytics that enables to detect, alert, and respond to anomalous privileged activity.

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