Coppell Advisory Solutions LLC Has $48,000 Position in CyberArk Software Ltd. (NASDAQ:CYBR)

Coppell Advisory Solutions LLC grew its position in CyberArk Software Ltd. (NASDAQ:CYBR) by 325.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 149 shares of the technology company’s stock after purchasing an additional 114 shares during the period. Coppell Advisory Solutions LLC’s holdings in CyberArk Software were worth $48,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in CyberArk Software during the 3rd quarter worth approximately $144,000. Oddo BHF Asset Management Sas bought a new stake in shares of CyberArk Software during the third quarter worth $1,135,000. Central Pacific Bank Trust Division acquired a new stake in shares of CyberArk Software during the fourth quarter worth $860,000. Nordea Investment Management AB lifted its position in CyberArk Software by 7.9% in the 4th quarter. Nordea Investment Management AB now owns 3,024 shares of the technology company’s stock valued at $993,000 after acquiring an additional 221 shares in the last quarter. Finally, Silverleafe Capital Partners LLC acquired a new position in CyberArk Software in the 4th quarter worth $799,000. 91.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CYBR. Citigroup boosted their price target on CyberArk Software from $410.00 to $450.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Royal Bank of Canada restated an “outperform” rating and issued a $420.00 target price on shares of CyberArk Software in a research note on Friday, April 11th. Truist Financial reduced their price target on CyberArk Software from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Monday, March 31st. Cantor Fitzgerald reiterated an “overweight” rating and issued a $400.00 price objective on shares of CyberArk Software in a report on Thursday. Finally, Scotiabank increased their target price on shares of CyberArk Software from $340.00 to $400.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, CyberArk Software presently has a consensus rating of “Buy” and an average target price of $415.18.

CyberArk Software Stock Performance

Shares of CYBR stock opened at $349.29 on Friday. The company has a market capitalization of $17.26 billion, a price-to-earnings ratio of -179.12 and a beta of 1.00. CyberArk Software Ltd. has a 52 week low of $223.41 and a 52 week high of $421.00. The company has a 50-day simple moving average of $343.93 and a 200 day simple moving average of $334.16.

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

CyberArk Software Company 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.