Trillium Asset Management LLC Sells 1,782 Shares of CyberArk Software Ltd. $CYBR

Trillium Asset Management LLC cut its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 5.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,686 shares of the technology company’s stock after selling 1,782 shares during the period. Trillium Asset Management LLC owned about 0.06% of CyberArk Software worth $12,485,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC lifted its holdings in CyberArk Software by 3.6% during the 1st quarter. Venturi Wealth Management LLC now owns 834 shares of the technology company’s stock worth $282,000 after buying an additional 29 shares in the last quarter. Prudential PLC lifted its holdings in CyberArk Software by 2.4% during the 1st quarter. Prudential PLC now owns 1,277 shares of the technology company’s stock worth $432,000 after buying an additional 30 shares in the last quarter. MAI Capital Management lifted its holdings in CyberArk Software by 1.1% during the 1st quarter. MAI Capital Management now owns 2,756 shares of the technology company’s stock worth $932,000 after buying an additional 31 shares in the last quarter. NewSquare Capital LLC lifted its holdings in CyberArk Software by 78.0% during the 2nd quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock worth $30,000 after buying an additional 32 shares in the last quarter. Finally, Y.D. More Investments Ltd lifted its holdings in CyberArk Software by 0.5% during the 1st quarter. Y.D. More Investments Ltd now owns 6,974 shares of the technology company’s stock worth $2,415,000 after buying an additional 38 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

CYBR has been the topic of several research reports. Wolfe Research downgraded CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Friday, August 1st. Scotiabank reissued a “sector perform” rating and issued a $448.00 price target (down previously from $460.00) on shares of CyberArk Software in a research note on Tuesday, August 5th. DA Davidson increased their price target on CyberArk Software from $465.00 to $518.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Baird R W downgraded CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. Finally, UBS Group downgraded CyberArk Software from a “strong-buy” rating to a “hold” rating and increased their price target for the company from $480.00 to $485.00 in a research note on Thursday, July 31st. Nine equities research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, CyberArk Software has an average rating of “Hold” and an average target price of $451.69.

CyberArk Software Price Performance

CYBR stock opened at $507.98 on Wednesday. The stock has a 50-day moving average price of $487.32 and a two-hundred day moving average price of $422.28. The stock has a market cap of $25.64 billion, a PE ratio of -150.74 and a beta of 1.01. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.53. CyberArk Software Ltd. has a 1 year low of $273.36 and a 1 year high of $526.19.

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.