Central Bank & Trust Co. Takes $53,000 Position in CyberArk Software Ltd. (NASDAQ:CYBR)

Central Bank & Trust Co. acquired a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBRFree Report) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 200 shares of the technology company’s stock, valued at approximately $53,000.

Other institutional investors have also recently bought and sold shares of the company. Jennison Associates LLC increased its stake in shares of CyberArk Software by 81.4% during the 4th quarter. Jennison Associates LLC now owns 1,053,964 shares of the technology company’s stock worth $230,871,000 after purchasing an additional 472,961 shares during the last quarter. Polar Capital Holdings Plc increased its position in CyberArk Software by 15.4% during the third quarter. Polar Capital Holdings Plc now owns 594,809 shares of the technology company’s stock worth $97,412,000 after buying an additional 79,506 shares during the last quarter. TimesSquare Capital Management LLC raised its holdings in CyberArk Software by 2.1% during the third quarter. TimesSquare Capital Management LLC now owns 553,969 shares of the technology company’s stock valued at $90,724,000 after buying an additional 11,387 shares in the last quarter. Norges Bank bought a new position in CyberArk Software during the fourth quarter valued at about $100,797,000. Finally, Nomura Holdings Inc. lifted its position in shares of CyberArk Software by 9.5% in the third quarter. Nomura Holdings Inc. now owns 364,875 shares of the technology company’s stock worth $59,756,000 after buying an additional 31,660 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

CyberArk Software Trading Up 0.6 %

NASDAQ CYBR traded up $1.44 on Friday, reaching $258.00. The company’s stock had a trading volume of 781,558 shares, compared to its average volume of 499,064. CyberArk Software Ltd. has a 52 week low of $142.92 and a 52 week high of $283.00. The firm has a market cap of $10.90 billion, a PE ratio of -403.13 and a beta of 1.08. The business has a 50-day moving average price of $241.05 and a 200 day moving average price of $241.23.

CyberArk Software (NASDAQ:CYBRGet Free Report) last released its quarterly earnings data on Thursday, May 2nd. The technology company reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.51) by $0.67. The company had revenue of $221.55 million for the quarter, compared to analyst estimates of $213.42 million. CyberArk Software had a negative return on equity of 2.51% and a negative net margin of 3.20%. Analysts anticipate that CyberArk Software Ltd. will post -1.24 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on CYBR. Bank of America reissued a “buy” rating and issued a $315.00 price objective on shares of CyberArk Software in a research note on Wednesday, April 24th. Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 price target on shares of CyberArk Software in a research report on Friday. Rosenblatt Securities reaffirmed a “buy” rating and set a $310.00 price objective on shares of CyberArk Software in a report on Wednesday, May 1st. DA Davidson lifted their target price on shares of CyberArk Software from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, May 22nd. Finally, Wedbush reissued an “outperform” rating and set a $285.00 target price on shares of CyberArk Software in a research report on Friday, May 3rd. Two equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the stock. According to data from MarketBeat.com, CyberArk Software currently has an average rating of “Moderate Buy” and an average target price of $270.83.

Read Our Latest Report on CyberArk Software

About CyberArk Software

(Free Report)

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.

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

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