Atria Investments Inc Boosts Holdings in CyberArk Software Ltd. $CYBR

Atria Investments Inc increased its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 9.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,816 shares of the technology company’s stock after buying an additional 315 shares during the period. Atria Investments Inc’s holdings in CyberArk Software were worth $1,553,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new stake in CyberArk Software during the second quarter worth about $30,000. Morse Asset Management Inc purchased a new position in shares of CyberArk Software in the first quarter worth about $34,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of CyberArk Software by 340.0% in the first 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. Harbour Investments Inc. increased its stake 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 worth $69,000 after purchasing an additional 152 shares in the last quarter. Finally, WPG Advisers LLC purchased a new position in shares of CyberArk Software in the first quarter worth about $74,000. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CYBR shares. Wolfe Research downgraded shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. Stephens downgraded shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 31st. Scotiabank reiterated a “sector perform” rating and issued a $448.00 target price (down previously from $460.00) on shares of CyberArk Software in a research note on Tuesday, August 5th. Weiss Ratings initiated coverage on shares of CyberArk Software in a research note on Saturday, November 1st. They issued a “sell (d-)” rating for the company. Finally, BTIG Research cut shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 30th. Nine investment analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, CyberArk Software currently has an average rating of “Hold” and a consensus target price of $451.69.

CyberArk Software Trading Down 0.4%

Shares of CyberArk Software stock opened at $505.81 on Thursday. CyberArk Software Ltd. has a 1 year low of $287.40 and a 1 year high of $526.19. The firm has a market cap of $25.53 billion, a PE ratio of -150.09 and a beta of 1.01. 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 company has a 50 day simple moving average of $488.51 and a two-hundred day simple moving average of $422.87.

CyberArk Software 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.