CyberArk Software Ltd. (NASDAQ:CYBR) Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,949 shares of the technology company’s stock after acquiring an additional 652 shares during the period. Vontobel Holding Ltd.’s holdings in CyberArk Software were worth $11,310,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Jennison Associates LLC lifted its holdings in CyberArk Software by 32.3% in the fourth quarter. Jennison Associates LLC now owns 1,603,744 shares of the technology company’s stock valued at $534,287,000 after acquiring an additional 391,900 shares during the last quarter. Groupama Asset Managment lifted its holdings in CyberArk Software by 0.5% in the third quarter. Groupama Asset Managment now owns 1,042,767 shares of the technology company’s stock valued at $304,000 after acquiring an additional 5,402 shares during the last quarter. Nepsis Inc. lifted its holdings in CyberArk Software by 882.4% in the fourth quarter. Nepsis Inc. now owns 562,327 shares of the technology company’s stock valued at $187,339,000 after acquiring an additional 505,088 shares during the last quarter. Swedbank AB lifted its holdings in CyberArk Software by 19.0% in the fourth quarter. Swedbank AB now owns 545,100 shares of the technology company’s stock valued at $181,600,000 after acquiring an additional 87,201 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in CyberArk Software by 195.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 508,355 shares of the technology company’s stock valued at $170,614,000 after acquiring an additional 336,462 shares during the last quarter. 91.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CYBR shares. Oppenheimer upped their price objective on CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. JPMorgan Chase & Co. upped their price target on CyberArk Software from $375.00 to $431.00 and gave the stock an “overweight” rating in a research note on Tuesday. Mizuho upped their price target on CyberArk Software from $345.00 to $365.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. KeyCorp upped their price target on CyberArk Software from $400.00 to $485.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Needham & Company LLC upped their price target on CyberArk Software from $360.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, January 9th. Two analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $401.67.

CyberArk Software Price Performance

NASDAQ:CYBR opened at $413.31 on Friday. The firm has a market capitalization of $18.01 billion, a PE ratio of 1,530.83 and a beta of 1.15. The business’s fifty day moving average price is $346.11 and its 200 day moving average price is $306.73. CyberArk Software Ltd. has a 12 month low of $223.09 and a 12 month high of $419.49.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.85). CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. As a group, equities analysts anticipate that CyberArk Software Ltd. will post -0.58 EPS for the current year.

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.