CyberArk Software Ltd. $CYBR Shares Acquired by Williamson Legacy Group LLC

Williamson Legacy Group LLC raised its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 7.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,002 shares of the technology company’s stock after purchasing an additional 217 shares during the period. Williamson Legacy Group LLC’s holdings in CyberArk Software were worth $1,221,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CYBR. Invesco Ltd. raised its holdings in shares of CyberArk Software by 12.2% during the first quarter. Invesco Ltd. now owns 1,129,894 shares of the technology company’s stock valued at $381,904,000 after buying an additional 122,423 shares during the last quarter. Norges Bank acquired a new stake in CyberArk Software in the 2nd quarter valued at approximately $444,613,000. Price T Rowe Associates Inc. MD raised its stake in CyberArk Software by 1,598.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 979,181 shares of the technology company’s stock valued at $330,964,000 after acquiring an additional 921,523 shares in the last quarter. Voya Investment Management LLC boosted its position in CyberArk Software by 0.7% during the 1st quarter. Voya Investment Management LLC now owns 888,898 shares of the technology company’s stock worth $300,448,000 after acquiring an additional 6,314 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of CyberArk Software by 82.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 740,504 shares of the technology company’s stock worth $250,290,000 after purchasing an additional 335,634 shares in the last quarter. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Up 4.4%

CYBR stock opened at $465.00 on Friday. The firm has a market cap of $23.47 billion, a PE ratio of -137.98 and a beta of 1.01. CyberArk Software Ltd. has a 12 month low of $288.63 and a 12 month high of $526.19. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.31 and a quick ratio of 2.31. The firm has a 50 day simple moving average of $491.24 and a 200 day simple moving average of $437.13.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.28. The company had revenue of $342.84 million for the quarter, compared to analysts’ expectations of $328.52 million. CyberArk Software had a positive return on equity of 0.44% and a negative net margin of 13.78%.The firm’s revenue was up 42.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.94 earnings per share. Equities research analysts forecast that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CYBR shares. Baird R W cut shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. Citigroup cut shares of CyberArk Software from a “buy” rating to a “hold” rating and raised their target price for the company from $465.00 to $524.00 in a research note on Tuesday, November 4th. Zacks Research raised shares of CyberArk Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. DA Davidson reiterated a “buy” rating and issued a $518.00 price objective on shares of CyberArk Software in a report on Friday, November 7th. Finally, JMP Securities reiterated a “market perform” rating on shares of CyberArk Software in a research note on Tuesday, September 23rd. Eight analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, CyberArk Software currently has an average rating of “Hold” and an average target price of $455.96.

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.