Mitsubishi UFJ Asset Management Co. Ltd. Purchases 3,628 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,180 shares of the technology company’s stock after buying an additional 3,628 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.07% of CyberArk Software worth $10,924,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC increased its holdings in shares of CyberArk Software by 79.1% in the fourth quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company’s stock worth $26,000 after acquiring an additional 34 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in CyberArk Software by 3.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company’s stock worth $359,000 after purchasing an additional 42 shares in the last quarter. Montag A & Associates Inc. raised its holdings in CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after buying an additional 42 shares during the period. Venturi Wealth Management LLC raised its holdings in CyberArk Software by 6.9% during the 4th quarter. Venturi Wealth Management LLC now owns 805 shares of the technology company’s stock worth $268,000 after buying an additional 52 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of CyberArk Software by 1.4% in the fourth quarter. Daiwa Securities Group Inc. now owns 3,827 shares of the technology company’s stock valued at $1,275,000 after buying an additional 53 shares during the period. 91.84% of the stock is currently owned by institutional investors.

CyberArk Software Stock Up 0.7 %

Shares of NASDAQ:CYBR opened at $338.00 on Tuesday. The stock has a market cap of $16.71 billion, a PE ratio of -173.33 and a beta of 1.06. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00. The business has a 50 day moving average of $363.88 and a 200-day moving average of $327.12.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings data 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%. Equities research analysts expect that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Morgan Stanley started coverage on shares of CyberArk Software in a research report on Tuesday, March 18th. They issued an “equal weight” rating on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $415.00 price objective on shares of CyberArk Software in a research report on Monday, January 27th. Stifel Nicolaus lifted their target price on CyberArk Software from $370.00 to $444.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Royal Bank of Canada upped their price target on CyberArk Software from $385.00 to $410.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. Finally, StockNews.com downgraded shares of CyberArk Software from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $417.22.

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.