Roberts Glore & Co. Inc. IL Has $215,000 Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Roberts Glore & Co. Inc. IL lessened its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 26.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 645 shares of the technology company’s stock after selling 230 shares during the quarter. Roberts Glore & Co. Inc. IL’s holdings in CyberArk Software were worth $215,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in CyberArk Software in the fourth quarter valued at about $25,000. Assetmark Inc. grew its position in CyberArk Software by 1,025.0% in the third quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock valued at $39,000 after acquiring an additional 123 shares during the last quarter. Plato Investment Management Ltd bought a new position in CyberArk Software in the fourth quarter valued at about $39,000. Montag A & Associates Inc. grew its position in CyberArk Software by 47.2% in the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock valued at $44,000 after acquiring an additional 42 shares during the last quarter. Finally, Brown Lisle Cummings Inc. bought a new position in CyberArk Software in the fourth quarter valued at about $50,000. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CYBR. Oppenheimer lifted their target price on CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Piper Sandler lifted their target price on CyberArk Software from $380.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Mizuho lifted their target price on CyberArk Software from $345.00 to $365.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Robert W. Baird lifted their target price on CyberArk Software from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $415.00 price target on shares of CyberArk Software in a report on Monday, January 27th. Two equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $418.15.

CyberArk Software Trading Down 0.7 %

Shares of CyberArk Software stock opened at $335.45 on Monday. The stock has a fifty day simple moving average of $364.19 and a 200 day simple moving average of $319.79. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00. The company has a market capitalization of $14.62 billion, a P/E ratio of -172.03 and a beta of 1.06.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.85). CyberArk Software had a positive return on equity of 0.45% and a negative net margin of 9.34%. On average, analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current year.

About CyberArk Software

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.