CyberArk Software Ltd. (NASDAQ:CYBR) Shares Sold by Stephens Inc. AR

Stephens Inc. AR cut its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 2.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,476 shares of the technology company’s stock after selling 69 shares during the period. Stephens Inc. AR’s holdings in CyberArk Software were worth $837,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CYBR. TD Private Client Wealth LLC raised its holdings in shares of CyberArk Software by 79.1% during the fourth quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company’s stock valued at $26,000 after buying an additional 34 shares during the last quarter. Golden State Wealth Management LLC grew its position in CyberArk Software by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 78 shares of the technology company’s stock worth $26,000 after buying an additional 39 shares during the last quarter. Whipplewood Advisors LLC grew its position in CyberArk Software by 135.3% during the 1st quarter. Whipplewood Advisors LLC now owns 80 shares of the technology company’s stock worth $27,000 after purchasing an additional 46 shares in the last quarter. Bessemer Group Inc. grew its position in CyberArk Software by 421.1% during the 1st quarter. Bessemer Group Inc. now owns 99 shares of the technology company’s stock worth $33,000 after purchasing an additional 80 shares in the last quarter. Finally, Graney & King LLC purchased a new position in CyberArk Software during the 4th quarter worth approximately $43,000. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Up 1.5%

Shares of NASDAQ CYBR opened at $383.48 on Friday. The firm’s 50-day moving average price is $383.71 and its 200-day moving average price is $363.30. The company has a market cap of $18.96 billion, a PE ratio of -206.17 and a beta of 1.00. CyberArk Software Ltd. has a 52-week low of $230.00 and a 52-week high of $421.00.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings data on Tuesday, May 13th. The technology company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.19. CyberArk Software had a negative net margin of 7.97% and a positive return on equity of 0.71%. The company had revenue of $317.60 million for the quarter, compared to the consensus estimate of $305.57 million. During the same quarter last year, the firm posted $0.75 earnings per share. The firm’s revenue was up 43.3% compared to the same quarter last year. As a group, equities research analysts anticipate that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CYBR shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $445.00 price objective on shares of CyberArk Software in a research note on Tuesday, May 13th. 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 Tuesday, May 13th. Roth Capital initiated coverage on shares of CyberArk Software in a research note on Tuesday, May 13th. They set a “buy” rating and a $415.00 price target for the company. DA Davidson raised their price objective on shares of CyberArk Software from $435.00 to $465.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $480.00 price objective on shares of CyberArk Software in a report on Thursday, March 20th. 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. According to MarketBeat, CyberArk Software presently has a consensus rating of “Moderate Buy” and a consensus price target of $418.04.

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.