Samson Rock Capital LLP Acquires New Position in CyberArk Software Ltd. $CYBR

Samson Rock Capital LLP bought a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 30,000 shares of the technology company’s stock, valued at approximately $14,494,000. CyberArk Software makes up 38.6% of Samson Rock Capital LLP’s investment portfolio, making the stock its 2nd largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of CyberArk Software in the second quarter worth $444,613,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of CyberArk Software by 82.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 740,504 shares of the technology company’s stock valued at $250,290,000 after acquiring an additional 335,634 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in CyberArk Software by 85.3% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 362,752 shares of the technology company’s stock valued at $147,597,000 after purchasing an additional 167,000 shares during the period. Lazard Asset Management LLC boosted its holdings in CyberArk Software by 175.8% in the second quarter. Lazard Asset Management LLC now owns 243,637 shares of the technology company’s stock valued at $99,130,000 after purchasing an additional 155,294 shares during the period. Finally, Anatole Investment Management Ltd acquired a new position in CyberArk Software during the 2nd quarter worth $58,075,000. 91.84% of the stock is currently owned by institutional investors and hedge funds.

CyberArk Software Stock Up 1.4%

Shares of NASDAQ:CYBR opened at $441.46 on Tuesday. The firm has a 50 day simple moving average of $470.50 and a 200-day simple moving average of $451.67. CyberArk Software Ltd. has a twelve month low of $288.63 and a twelve month high of $526.19. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $22.28 billion, a PE ratio of -95.76, a P/E/G ratio of 20.23 and a beta of 0.92.

CyberArk Software (NASDAQ:CYBR) last posted its earnings results on Thursday, November 6th. The technology company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.28. CyberArk Software had a negative net margin of 17.42% and a negative return on equity of 0.07%. The firm had revenue of $342.84 million for the quarter, compared to the consensus estimate of $328.52 million. During the same period last year, the firm posted $0.94 EPS. The company’s revenue was up 42.8% on a year-over-year basis. On average, equities analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Citizens Jmp lowered CyberArk Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Barclays restated an “equal weight” rating and set a $520.00 target price (up from $440.00) on shares of CyberArk Software in a research note on Tuesday, October 14th. JMP Securities reiterated a “market perform” rating on shares of CyberArk Software in a research note on Tuesday, September 23rd. Zacks Research upgraded shares of CyberArk Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Finally, JPMorgan Chase & Co. initiated coverage on shares of CyberArk Software in a research report on Wednesday, December 17th. They issued a “neutral” rating and a $474.00 price objective on the stock. Six research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, CyberArk Software has a consensus rating of “Hold” and an average price target of $462.63.

CyberArk Software Company Profile

CyberArk Software Ltd. is a cybersecurity company that focuses on identity security and privileged access management. Its core mission is to protect organizations from cyber threats that target privileged accounts, credentials and secrets that can provide attackers with broad access to critical systems. CyberArk’s offerings are designed to help enterprises control, monitor and secure privileged credentials across on-premises, cloud and hybrid environments, reducing the risk of lateral movement and data breaches.

The company delivers a suite of software and cloud services that address privileged access, secrets management, endpoint privilege management and identity-based threat detection.