Cyberark Software Ltd (CYBR) Holdings Boosted by Legal & General Group Plc

Legal & General Group Plc grew its stake in shares of Cyberark Software Ltd (NASDAQ:CYBR) by 55.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,113 shares of the technology company’s stock after buying an additional 2,900 shares during the period. Legal & General Group Plc’s holdings in Cyberark Software were worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Advisor Group Inc. boosted its holdings in Cyberark Software by 6.4% during the second quarter. Advisor Group Inc. now owns 3,874 shares of the technology company’s stock worth $193,000 after buying an additional 232 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in Cyberark Software by 0.8% during the second quarter. Macquarie Group Ltd. now owns 38,449 shares of the technology company’s stock worth $1,921,000 after buying an additional 292 shares during the last quarter. Cubist Systematic Strategies LLC boosted its holdings in Cyberark Software by 6.4% during the second quarter. Cubist Systematic Strategies LLC now owns 7,962 shares of the technology company’s stock worth $398,000 after buying an additional 480 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Cyberark Software by 26.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,998 shares of the technology company’s stock worth $250,000 after buying an additional 1,048 shares during the last quarter. Finally, Broadview Advisors LLC boosted its holdings in Cyberark Software by 0.8% during the second quarter. Broadview Advisors LLC now owns 147,770 shares of the technology company’s stock worth $7,381,000 after buying an additional 1,200 shares during the last quarter. Hedge funds and other institutional investors own 75.79% of the company’s stock.

CYBR has been the topic of a number of research analyst reports. BidaskClub lowered Cyberark Software from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $50.00 price target on shares of Cyberark Software in a research report on Friday, November 3rd. UBS Group dropped their price target on Cyberark Software from $52.00 to $50.00 and set a “neutral” rating on the stock in a research report on Friday, November 3rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $55.00 price target on shares of Cyberark Software in a research report on Friday, November 3rd. Finally, Zacks Investment Research raised Cyberark Software from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $49.69.

Shares of Cyberark Software Ltd (CYBR) opened at $41.79 on Friday. Cyberark Software Ltd has a 1 year low of $39.34 and a 1 year high of $55.65. The stock has a market capitalization of $1,450.00, a P/E ratio of 66.33, a P/E/G ratio of 2.96 and a beta of 2.58.

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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.

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

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