CyberArk Software Ltd. (NASDAQ:CYBR) Shares Sold by Taylor Frigon Capital Management LLC

Taylor Frigon Capital Management LLC decreased its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 11.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,484 shares of the technology company’s stock after selling 1,492 shares during the period. CyberArk Software accounts for about 1.9% of Taylor Frigon Capital Management LLC’s holdings, making the stock its 6th biggest holding. Taylor Frigon Capital Management LLC’s holdings in CyberArk Software were worth $3,826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CYBR. Coldstream Capital Management Inc. boosted its position in shares of CyberArk Software by 3.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company’s stock valued at $359,000 after purchasing an additional 42 shares in the last quarter. Montag A & Associates Inc. boosted its position in shares of CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock valued at $44,000 after purchasing an additional 42 shares in the last quarter. Austin Private Wealth LLC boosted its position in shares of CyberArk Software by 6.8% during the 3rd quarter. Austin Private Wealth LLC now owns 815 shares of the technology company’s stock valued at $238,000 after purchasing an additional 52 shares in the last quarter. Venturi Wealth Management LLC boosted its position in shares of CyberArk Software by 6.9% during the 4th quarter. Venturi Wealth Management LLC now owns 805 shares of the technology company’s stock valued at $268,000 after purchasing an additional 52 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of CyberArk Software by 12.7% during the 4th quarter. IFP Advisors Inc now owns 487 shares of the technology company’s stock valued at $162,000 after purchasing an additional 55 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

CyberArk Software Trading Down 1.6 %

Shares of CYBR opened at $364.18 on Thursday. The stock has a 50 day moving average of $358.58 and a 200 day moving average of $315.53. CyberArk Software Ltd. has a 12 month low of $223.41 and a 12 month high of $421.00. The company has a market capitalization of $15.87 billion, a price-to-earnings ratio of -186.76 and a beta of 1.15.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly 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 positive return on equity of 0.45% and a negative net margin of 9.34%. As a group, equities research analysts predict that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on CYBR. Barclays increased their price target on CyberArk Software from $375.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $415.00 price target on shares of CyberArk Software in a report on Monday, January 27th. Rosenblatt Securities reiterated a “buy” rating and issued a $445.00 price target on shares of CyberArk Software in a report on Wednesday. Guggenheim reiterated a “buy” rating and issued a $455.00 price target on shares of CyberArk Software in a report on Tuesday. Finally, Mizuho increased their price target on CyberArk Software from $345.00 to $365.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Two investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $416.67.

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.