Bridgecreek Investment Management LLC bought a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 41,775 shares of the technology company’s stock, valued at approximately $1,713,000. Bridgecreek Investment Management LLC owned approximately 0.12% of CyberArk Software as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of CYBR. SG Americas Securities LLC bought a new position in shares of CyberArk Software during the 1st quarter worth approximately $102,000. BNP Paribas Arbitrage SA grew its stake in shares of CyberArk Software by 198.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,796 shares of the technology company’s stock worth $190,000 after acquiring an additional 2,524 shares in the last quarter. Advisor Group Inc. boosted its holdings in shares of CyberArk Software by 6.4% in the 2nd quarter. Advisor Group Inc. now owns 3,874 shares of the technology company’s stock valued at $193,000 after buying an additional 232 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of CyberArk Software in the 1st quarter valued at approximately $250,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of CyberArk Software by 26.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 4,998 shares of the technology company’s stock valued at $250,000 after buying an additional 1,048 shares during the last quarter. 72.82% of the stock is owned by institutional investors and hedge funds.

CYBR has been the subject of several recent analyst reports. BidaskClub raised CyberArk Software from a “buy” rating to a “strong-buy” rating in a report on Monday, July 17th. Zacks Investment Research downgraded CyberArk Software from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Evercore ISI set a $56.00 price objective on CyberArk Software and gave the company a “buy” rating in a report on Wednesday, August 9th. Summit Redstone raised CyberArk Software from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. Finally, TheStreet downgraded CyberArk Software from a “c” rating to a “d+” rating in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. CyberArk Software presently has a consensus rating of “Buy” and a consensus target price of $49.91.

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CyberArk Software Ltd. (NASDAQ CYBR) traded up $0.63 on Monday, hitting $44.84. The stock had a trading volume of 370,300 shares, compared to its average volume of 642,089. CyberArk Software Ltd. has a 12 month low of $39.34 and a 12 month high of $56.25. The firm has a market capitalization of $1,557.81, a P/E ratio of 70.06, a P/E/G ratio of 3.67 and a beta of 2.56.

CyberArk Software Company Profile

CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.

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Institutional Ownership by Quarter for CyberArk Software (NASDAQ:CYBR)

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