CyberArk Software Ltd. (NASDAQ:CYBR) Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 2.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 33,949 shares of the technology company’s stock after acquiring an additional 652 shares during the quarter. Vontobel Holding Ltd. owned about 0.08% of CyberArk Software worth $11,310,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. lifted its position in CyberArk Software by 3.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company’s stock worth $359,000 after acquiring an additional 42 shares during the period. Greenleaf Trust lifted its holdings in shares of CyberArk Software by 2.5% in the 3rd quarter. Greenleaf Trust now owns 1,829 shares of the technology company’s stock valued at $533,000 after buying an additional 45 shares during the period. Signaturefd LLC lifted its holdings in shares of CyberArk Software by 4.2% in the 3rd quarter. Signaturefd LLC now owns 1,206 shares of the technology company’s stock valued at $352,000 after buying an additional 49 shares during the period. Austin Private Wealth LLC lifted its holdings in shares of CyberArk Software by 6.8% in the 3rd quarter. Austin Private Wealth LLC now owns 815 shares of the technology company’s stock valued at $238,000 after buying an additional 52 shares during the period. Finally, IHT Wealth Management LLC lifted its holdings in shares of CyberArk Software by 1.8% in the 3rd quarter. IHT Wealth Management LLC now owns 3,539 shares of the technology company’s stock valued at $1,031,000 after buying an additional 61 shares during the period. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CYBR shares. Wells Fargo & Company boosted their price objective on CyberArk Software from $425.00 to $500.00 and gave the company an “overweight” rating in a report on Friday. Needham & Company LLC boosted their price objective on CyberArk Software from $360.00 to $410.00 and gave the company a “buy” rating in a report on Thursday, January 9th. Mizuho boosted their price objective on CyberArk Software from $345.00 to $365.00 and gave the company an “outperform” rating in a report on Friday, December 13th. KeyCorp boosted their price objective on CyberArk Software from $400.00 to $485.00 and gave the company an “overweight” rating in a report on Friday. Finally, Royal Bank of Canada lifted their price target on CyberArk Software from $385.00 to $410.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $401.67.

CyberArk Software Price Performance

Shares of CyberArk Software stock opened at $413.31 on Friday. The stock has a market cap of $18.01 billion, a P/E ratio of 1,530.83 and a beta of 1.15. The stock’s 50 day simple moving average is $346.11 and its 200-day simple moving average is $306.73. CyberArk Software Ltd. has a 1-year low of $223.09 and a 1-year high of $419.49.

CyberArk Software (NASDAQ:CYBR) last issued its earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.85). CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. As a group, research analysts expect that CyberArk Software Ltd. will post -0.58 EPS for the current fiscal 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.