CyberArk Software Ltd. (CYBR) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its position in CyberArk Software Ltd. (NASDAQ:CYBR) by 72.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,084 shares of the technology company’s stock after buying an additional 10,518 shares during the period. Bank of New York Mellon Corp owned about 0.08% of CyberArk Software worth $1,252,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. SG Americas Securities LLC boosted its holdings in CyberArk Software by 534.1% in the 2nd quarter. SG Americas Securities LLC now owns 12,745 shares of the technology company’s stock worth $637,000 after buying an additional 10,735 shares during the last quarter. Dupont Capital Management Corp boosted its holdings in CyberArk Software by 24.7% in the 2nd quarter. Dupont Capital Management Corp now owns 8,151 shares of the technology company’s stock worth $407,000 after buying an additional 1,612 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in CyberArk Software by 354.6% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 79,100 shares of the technology company’s stock worth $3,940,000 after buying an additional 61,700 shares during the last quarter. First Trust Advisors LP boosted its holdings in CyberArk Software by 29.2% in the 2nd quarter. First Trust Advisors LP now owns 161,848 shares of the technology company’s stock worth $8,084,000 after buying an additional 36,534 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in CyberArk Software in the 2nd quarter worth about $550,000. Institutional investors own 79.77% of the company’s stock.

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Shares of CyberArk Software Ltd. (CYBR) opened at 43.66 on Friday. CyberArk Software Ltd. has a 52-week low of $39.34 and a 52-week high of $56.25. The stock’s 50 day moving average is $42.06 and its 200 day moving average is $45.97. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 56.05 and a beta of 2.57.

A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of CyberArk Software from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. TheStreet lowered shares of CyberArk Software from a “c” rating to a “d+” rating in a research note on Thursday, August 10th. Oppenheimer Holdings, Inc. decreased their target price on shares of CyberArk Software from $60.00 to $51.00 and set an “outperform” rating on the stock in a research note on Friday, July 14th. Needham & Company LLC reissued a “buy” rating and issued a $55.00 target price on shares of CyberArk Software in a research note on Tuesday, September 12th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $48.00 target price (down from $55.00) on shares of CyberArk Software in a research note on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $49.85.

CyberArk Software Profile

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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