CyberArk Software Ltd. (NASDAQ:CYBR) Shares Purchased by Vinva Investment Management Ltd

Vinva Investment Management Ltd raised its position in CyberArk Software Ltd. (NASDAQ:CYBR) by 171.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,662 shares of the technology company’s stock after buying an additional 7,369 shares during the period. Vinva Investment Management Ltd’s holdings in CyberArk Software were worth $3,727,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in CyberArk Software in the 4th quarter worth approximately $25,000. Plato Investment Management Ltd purchased a new stake in shares of CyberArk Software during the fourth quarter worth $39,000. Montag A & Associates Inc. increased its position in shares of CyberArk Software by 47.2% during the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after acquiring an additional 42 shares during the period. Brown Lisle Cummings Inc. purchased a new stake in shares of CyberArk Software during the fourth quarter worth $50,000. Finally, Steward Partners Investment Advisory LLC increased its position in shares of CyberArk Software by 54.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 198 shares of the technology company’s stock worth $66,000 after acquiring an additional 70 shares during the period. 91.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CYBR shares. Guggenheim reissued a “buy” rating and issued a $455.00 target price on shares of CyberArk Software in a report on Tuesday, February 25th. Scotiabank increased their target price on CyberArk Software from $340.00 to $400.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. StockNews.com lowered CyberArk Software from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Morgan Stanley started coverage on CyberArk Software in a report on Tuesday. They issued an “equal weight” rating on the stock. Finally, Royal Bank of Canada increased their target price on CyberArk Software from $385.00 to $410.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $418.15.

CyberArk Software Stock Up 1.0 %

Shares of CYBR stock opened at $348.35 on Thursday. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00. The firm has a 50-day moving average price of $363.96 and a 200 day moving average price of $322.50. The company has a market capitalization of $17.22 billion, a P/E ratio of -178.64 and a beta of 1.06.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. As a group, research analysts expect that CyberArk Software Ltd. will post -0.47 earnings per share for the current 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.