CyberArk Software Ltd. $CYBR Stock Holdings Lifted by Integrated Advisors Network LLC

Integrated Advisors Network LLC grew its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 9.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 29,751 shares of the technology company’s stock after acquiring an additional 2,616 shares during the period. Integrated Advisors Network LLC owned about 0.06% of CyberArk Software worth $14,374,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sheets Smith Wealth Management raised its position in shares of CyberArk Software by 0.7% during the third quarter. Sheets Smith Wealth Management now owns 3,141 shares of the technology company’s stock worth $1,518,000 after purchasing an additional 23 shares during the period. Portside Wealth Group LLC boosted its position in shares of CyberArk Software by 1.1% in the 3rd quarter. Portside Wealth Group LLC now owns 2,047 shares of the technology company’s stock valued at $989,000 after purchasing an additional 23 shares during the period. Signal Advisors Wealth LLC increased its stake in CyberArk Software by 0.6% in the 3rd quarter. Signal Advisors Wealth LLC now owns 3,917 shares of the technology company’s stock worth $1,892,000 after purchasing an additional 24 shares in the last quarter. UMB Bank n.a. raised its holdings in CyberArk Software by 50.0% during the 3rd quarter. UMB Bank n.a. now owns 87 shares of the technology company’s stock worth $42,000 after buying an additional 29 shares during the period. Finally, Blue Trust Inc. lifted its stake in CyberArk Software by 2.9% during the third quarter. Blue Trust Inc. now owns 1,059 shares of the technology company’s stock valued at $512,000 after buying an additional 30 shares in the last quarter. 91.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of CyberArk Software from $474.00 to $425.00 and set a “neutral” rating for the company in a report on Monday, February 9th. Zacks Research upgraded shares of CyberArk Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 7th. Mizuho lowered their price objective on shares of CyberArk Software from $520.00 to $470.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. DA Davidson boosted their target price on shares of CyberArk Software from $518.00 to $573.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of CyberArk Software in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twenty-two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $459.95.

CyberArk Software Stock Down 0.1%

CYBR stock opened at $408.85 on Friday. The company has a 50 day moving average of $433.46 and a two-hundred day moving average of $459.71. The company has a market cap of $20.64 billion, a price-to-earnings ratio of -139.54, a PEG ratio of 18.11 and a beta of 0.91. CyberArk Software Ltd. has a 12-month low of $288.63 and a 12-month high of $526.19. The company has a quick ratio of 2.14, a current ratio of 2.00 and a debt-to-equity ratio of 0.51.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.18. CyberArk Software had a negative net margin of 10.79% and a positive return on equity of 0.77%. The business had revenue of $372.65 million for the quarter, compared to the consensus estimate of $377.22 million. During the same period in the prior year, the business posted $0.80 earnings per share. CyberArk Software’s revenue for the quarter was up 18.5% compared to the same quarter last year. On average, equities analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

CyberArk Software Company Profile

CyberArk Software Ltd. is a cybersecurity company that focuses on identity security and privileged access management. Its core mission is to protect organizations from cyber threats that target privileged accounts, credentials and secrets that can provide attackers with broad access to critical systems. CyberArk’s offerings are designed to help enterprises control, monitor and secure privileged credentials across on-premises, cloud and hybrid environments, reducing the risk of lateral movement and data breaches.

The company delivers a suite of software and cloud services that address privileged access, secrets management, endpoint privilege management and identity-based threat detection.