Private Trust Co. NA bought a new stake in CyberArk Software Ltd. (NASDAQ:CYBR – Get Rating) during the second quarter, according to the company’s most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 280 shares of the technology company’s stock, valued at approximately $36,000.
A number of other large investors have also modified their holdings of CYBR. AdvisorNet Financial Inc increased its position in shares of CyberArk Software by 3,900.0% during the second quarter. AdvisorNet Financial Inc now owns 200 shares of the technology company’s stock worth $26,000 after acquiring an additional 195 shares during the period. Heritage Wealth Management LLC purchased a new stake in shares of CyberArk Software during the second quarter worth $40,000. Silvant Capital Management LLC purchased a new stake in shares of CyberArk Software during the second quarter worth $53,000. Covestor Ltd purchased a new stake in shares of CyberArk Software during the first quarter worth $73,000. Finally, Quadrant Capital Group LLC increased its position in shares of CyberArk Software by 14.3% during the second quarter. Quadrant Capital Group LLC now owns 630 shares of the technology company’s stock worth $81,000 after acquiring an additional 79 shares during the period. Hedge funds and other institutional investors own 91.52% of the company’s stock.
Wall Street Analyst Weigh In
CYBR has been the topic of a number of recent research reports. Cowen initiated coverage on CyberArk Software in a research report on Thursday, September 29th. They set an “outperform” rating on the stock. KeyCorp dropped their target price on CyberArk Software from $190.00 to $189.00 and set an “overweight” rating on the stock in a report on Wednesday, November 16th. Canaccord Genuity Group initiated coverage on CyberArk Software in a report on Friday, September 30th. They issued a “buy” rating on the stock. Mizuho increased their target price on CyberArk Software from $180.00 to $185.00 and gave the company a “buy” rating in a report on Friday, November 4th. Finally, StockNews.com initiated coverage on CyberArk Software in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Three research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, CyberArk Software has a consensus rating of “Moderate Buy” and a consensus price target of $178.27.
CyberArk Software Price Performance
Shares of CYBR opened at $124.35 on Friday. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of -40.24 and a beta of 1.00. CyberArk Software Ltd. has a fifty-two week low of $100.35 and a fifty-two week high of $180.01. The firm has a 50-day simple moving average of $145.69 and a 200-day simple moving average of $142.50. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.66 and a current ratio of 2.66.
CyberArk Software Company Profile
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 privileges across cloud environments.
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