CyberArk Software Ltd. (NASDAQ:CYBR) Shares Sold by Capital Fund Management S.A.

Capital Fund Management S.A. cut its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 38.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,105 shares of the technology company’s stock after selling 25,455 shares during the quarter. Capital Fund Management S.A. owned about 0.09% of CyberArk Software worth $13,694,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. F M Investments LLC acquired a new stake in shares of CyberArk Software in the fourth quarter worth $2,063,000. CenterBook Partners LP boosted its position in CyberArk Software by 2.4% during the 4th quarter. CenterBook Partners LP now owns 1,603 shares of the technology company’s stock worth $534,000 after purchasing an additional 38 shares during the period. Raymond James Financial Inc. acquired a new stake in CyberArk Software in the 4th quarter valued at $18,106,000. APG Asset Management N.V. raised its position in CyberArk Software by 7.8% in the fourth quarter. APG Asset Management N.V. now owns 1,915 shares of the technology company’s stock valued at $616,000 after purchasing an additional 139 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of CyberArk Software by 0.7% during the fourth quarter. Cerity Partners LLC now owns 53,118 shares of the technology company’s stock worth $17,159,000 after purchasing an additional 373 shares in the last quarter. 91.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $420.00 target price on shares of CyberArk Software in a research note on Friday. Truist Financial decreased their price target on CyberArk Software from $450.00 to $425.00 and set a “buy” rating for the company in a report on Monday, March 31st. JPMorgan Chase & Co. lifted their price objective on shares of CyberArk Software from $375.00 to $431.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Scotiabank upped their target price on shares of CyberArk Software from $340.00 to $400.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. Finally, Oppenheimer raised their price target on shares of CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $418.39.

CyberArk Software Stock Up 2.1 %

CYBR opened at $349.44 on Friday. The company’s 50-day moving average price is $356.48 and its 200 day moving average price is $330.68. CyberArk Software Ltd. has a fifty-two week low of $223.41 and a fifty-two week high of $421.00. The firm has a market cap of $17.27 billion, a price-to-earnings ratio of -179.20 and a beta of 1.00.

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%. Research analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

CyberArk Software Profile

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.