Peregrine Capital Management LLC lifted its stake in CyberArk Software Ltd. (NASDAQ:CYBR – Get Rating) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,061 shares of the technology company's stock after purchasing an additional 660 shares during the period. Peregrine Capital Management LLC's holdings in CyberArk Software were worth $11,524,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in CYBR. AdvisorNet Financial Inc lifted its stake in shares of CyberArk Software by 3,900.0% in the second quarter. AdvisorNet Financial Inc now owns 200 shares of the technology company's stock valued at $26,000 after purchasing an additional 195 shares during the period. Parallel Advisors LLC raised its position in CyberArk Software by 77.2% during the first quarter. Parallel Advisors LLC now owns 163 shares of the technology company's stock worth $28,000 after acquiring an additional 71 shares during the last quarter. Endurance Wealth Management Inc. acquired a new position in CyberArk Software during the first quarter worth about $42,000. Lindbrook Capital LLC raised its position in CyberArk Software by 16.8% during the first quarter. Lindbrook Capital LLC now owns 430 shares of the technology company's stock worth $73,000 after acquiring an additional 62 shares during the last quarter. Finally, Covestor Ltd acquired a new position in CyberArk Software during the first quarter worth about $73,000. Institutional investors and hedge funds own 88.36% of the company's stock.
Get CyberArk Software alerts:CyberArk Software Price Performance
CYBR opened at $149.16 on Friday. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.86. CyberArk Software Ltd. has a 52-week low of $100.35 and a 52-week high of $201.68. The company has a 50 day moving average of $144.90 and a two-hundred day moving average of $145.31. The company has a market cap of $6.07 billion, a P/E ratio of -49.39 and a beta of 1.15.
CyberArk Software (NASDAQ:CYBR – Get Rating) last released its quarterly earnings data on Wednesday, August 10th. The technology company reported ($0.88) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.95) by $0.07. CyberArk Software had a negative net margin of 22.37% and a negative return on equity of 15.42%. The company had revenue of $142.33 million during the quarter, compared to the consensus estimate of $138.45 million. During the same period in the previous year, the firm earned ($0.45) earnings per share. CyberArk Software's revenue for the quarter was up 21.4% on a year-over-year basis. On average, analysts expect that CyberArk Software Ltd. will post -3.65 earnings per share for the current year.Wall Street Analyst Weigh In
A number of brokerages have issued reports on CYBR. Wells Fargo & Company lifted their target price on shares of CyberArk Software from $125.00 to $145.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 11th. Wedbush lifted their target price on shares of CyberArk Software from $150.00 to $170.00 and gave the stock an "outperform" rating in a research report on Thursday, August 11th. KeyCorp lifted their target price on shares of CyberArk Software from $160.00 to $184.00 and gave the stock an "overweight" rating in a research report on Thursday, August 11th. Morgan Stanley lifted their target price on shares of CyberArk Software from $172.00 to $184.00 and gave the stock an "overweight" rating in a research report on Thursday, August 11th. Finally, Cowen began coverage on shares of CyberArk Software in a research report on Thursday. They set an "outperform" rating for the company. Three equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $178.15.
CyberArk Software Profile
(Get Rating)
CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager that offers risk-based credential security and session management to protect against attacks involving privileged access; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide fast, easy, and secure privileged access to third-party vendors; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Cloud Entitlements Manager, a SaaS solution, which reduces risk that arises from excessive privileges by implementing least privilege across cloud environments.
Featured Stories
- Get a free copy of the StockNews.com research report on CyberArk Software (CYBR)
- Declining Profits Challenge the CarMax Value Proposition
- How Does Keurig Dr Pepper Compare To Larger Rivals Coke & Pepsi?
- Let Paychex Stock Work Hard For You
- Thor Industries Hammers Out A Bottom
- Humana Proves Vertically Integrated Healthcare Works
Want to see what other hedge funds are holding CYBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CyberArk Software Ltd. (NASDAQ:CYBR – Get Rating).
Receive News & Ratings for CyberArk Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyberArk Software and related companies with MarketBeat.com's FREE daily email newsletter.