1,243 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Purchased by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC purchased a new stake in CyberArk Software Ltd. (NASDAQ:CYBR) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,243 shares of the technology company’s stock, valued at approximately $414,000.

Other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in CyberArk Software in the fourth quarter valued at $25,000. Assetmark Inc. lifted its stake in CyberArk Software by 1,025.0% in the 3rd quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock valued at $39,000 after purchasing an additional 123 shares during the last quarter. Transcendent Capital Group LLC bought a new position in CyberArk Software during the third quarter worth about $51,000. Kieckhefer Group LLC acquired a new position in CyberArk Software during the fourth quarter worth approximately $67,000. Finally, Future Financial Wealth Managment LLC bought a new stake in CyberArk Software in the third quarter valued at approximately $87,000. Institutional investors and hedge funds own 91.84% of the company’s stock.

CyberArk Software Stock Down 0.1 %

CyberArk Software stock opened at $359.46 on Tuesday. The stock has a market cap of $15.66 billion, a PE ratio of 1,331.38 and a beta of 1.13. CyberArk Software Ltd. has a 12-month low of $223.09 and a 12-month high of $366.48. The business’s 50-day moving average price is $329.93 and its two-hundred day moving average price is $296.06.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.48. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. The business had revenue of $240.10 million during the quarter, compared to analysts’ expectations of $234.10 million. During the same period in the prior year, the company earned ($0.31) EPS. The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. As a group, analysts expect that CyberArk Software Ltd. will post -0.58 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CYBR. Citigroup lifted their target price on CyberArk Software from $355.00 to $410.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. Susquehanna lifted their price objective on shares of CyberArk Software from $320.00 to $345.00 and gave the stock a “positive” rating in a research report on Thursday, November 14th. Royal Bank of Canada increased their price objective on shares of CyberArk Software from $385.00 to $410.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. KeyCorp raised their target price on shares of CyberArk Software from $355.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 21st. Finally, DA Davidson upped their price target on shares of CyberArk Software from $360.00 to $390.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. One investment analyst has rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $362.26.

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.