Lisanti Capital Growth LLC Has $936,000 Holdings in CyberArk Software Ltd. $CYBR

Lisanti Capital Growth LLC cut its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 51.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,300 shares of the technology company’s stock after selling 2,445 shares during the period. Lisanti Capital Growth LLC’s holdings in CyberArk Software were worth $936,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in CYBR. Opal Wealth Advisors LLC acquired a new position in CyberArk Software in the 2nd quarter valued at $30,000. NewSquare Capital LLC raised its position in CyberArk Software by 78.0% in the second quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock worth $30,000 after purchasing an additional 32 shares in the last quarter. Morse Asset Management Inc acquired a new stake in CyberArk Software in the 1st quarter valued at $34,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of CyberArk Software by 340.0% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 110 shares of the technology company’s stock worth $37,000 after purchasing an additional 85 shares in the last quarter. Finally, Harbour Investments Inc. raised its holdings in shares of CyberArk Software by 298.0% in the first quarter. Harbour Investments Inc. now owns 203 shares of the technology company’s stock valued at $69,000 after buying an additional 152 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

CyberArk Software Stock Up 0.3%

CyberArk Software stock opened at $503.87 on Friday. The firm’s fifty day moving average is $490.51 and its 200 day moving average is $425.47. The company has a market capitalization of $25.43 billion, a PE ratio of -149.52 and a beta of 1.01. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.53. CyberArk Software Ltd. has a 12-month low of $288.00 and a 12-month high of $526.19.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CYBR shares. Guggenheim lowered CyberArk Software from a “strong-buy” rating to a “hold” rating and set a $455.00 price target on the stock. in a research report on Thursday, July 31st. Citizens Jmp lowered shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. Piper Sandler reaffirmed a “neutral” rating and set a $448.00 price objective (up from $440.00) on shares of CyberArk Software in a research report on Thursday, July 31st. UBS Group lowered shares of CyberArk Software from a “strong-buy” rating to a “hold” rating and lifted their price target for the company from $480.00 to $485.00 in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $448.00 price target (up previously from $420.00) on shares of CyberArk Software in a research note on Thursday, July 31st. Nine investment analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $451.69.

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.