Sanctuary Advisors LLC Buys 235 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Sanctuary Advisors LLC increased its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 3.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,149 shares of the technology company’s stock after acquiring an additional 235 shares during the period. Sanctuary Advisors LLC’s holdings in CyberArk Software were worth $2,715,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Coldstream Capital Management Inc. raised its stake in CyberArk Software by 3.5% in the third quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company’s stock valued at $359,000 after buying an additional 42 shares during the period. Montag A & Associates Inc. raised its stake in CyberArk Software by 47.2% in the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock valued at $44,000 after buying an additional 42 shares during the period. Greenleaf Trust raised its stake in CyberArk Software by 2.5% in the third quarter. Greenleaf Trust now owns 1,829 shares of the technology company’s stock valued at $533,000 after buying an additional 45 shares during the period. Signaturefd LLC raised its stake in CyberArk Software by 4.2% in the third quarter. Signaturefd LLC now owns 1,206 shares of the technology company’s stock valued at $352,000 after buying an additional 49 shares during the period. Finally, Austin Private Wealth LLC raised its stake in CyberArk Software by 6.8% in the third quarter. Austin Private Wealth LLC now owns 815 shares of the technology company’s stock valued at $238,000 after buying an additional 52 shares during the period. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Performance

Shares of CYBR stock opened at $383.29 on Friday. The stock’s fifty day moving average price is $356.42 and its two-hundred day moving average price is $313.57. The company has a market cap of $16.70 billion, a PE ratio of -196.56 and a beta of 1.15. CyberArk Software Ltd. has a fifty-two week low of $223.41 and a fifty-two week high of $421.00.

CyberArk Software (NASDAQ:CYBR) last issued its earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. On average, equities analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CYBR. Susquehanna increased their target price on CyberArk Software from $320.00 to $345.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. Robert W. Baird increased their target price on CyberArk Software from $355.00 to $370.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 17th. Canaccord Genuity Group increased their target price on CyberArk Software from $330.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Needham & Company LLC increased their target price on CyberArk Software from $360.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, January 9th. Finally, Oppenheimer increased their target price on CyberArk Software from $360.00 to $420.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $401.67.

About CyberArk Software

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.