Steward Partners Investment Advisory LLC Has $66,000 Stock Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Steward Partners Investment Advisory LLC lifted its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 54.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 198 shares of the technology company’s stock after buying an additional 70 shares during the period. Steward Partners Investment Advisory LLC’s holdings in CyberArk Software were worth $66,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CyberArk Software during the fourth quarter worth $25,000. Plato Investment Management Ltd purchased a new stake in shares of CyberArk Software during the fourth quarter worth $39,000. Montag A & Associates Inc. raised its holdings in shares of CyberArk Software by 47.2% during the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after acquiring an additional 42 shares in the last quarter. Assetmark Inc. raised its holdings in shares of CyberArk Software by 1,025.0% during the third quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock worth $39,000 after acquiring an additional 123 shares in the last quarter. Finally, Brown Lisle Cummings Inc. purchased a new stake in shares of CyberArk Software during the fourth quarter worth $50,000. 91.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on CYBR. Rosenblatt Securities reiterated a “buy” rating and set a $445.00 price objective on shares of CyberArk Software in a report on Wednesday, February 26th. Wells Fargo & Company raised their target price on CyberArk Software from $425.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Needham & Company LLC restated a “buy” rating and set a $480.00 target price on shares of CyberArk Software in a report on Wednesday, February 26th. JMP Securities raised their target price on CyberArk Software from $390.00 to $480.00 and gave the company a “market outperform” rating in a report on Friday, February 14th. Finally, DA Davidson restated a “buy” rating and set a $475.00 target price on shares of CyberArk Software in a report on Tuesday, February 25th. Two research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat.com, CyberArk Software currently has an average rating of “Moderate Buy” and an average price target of $418.15.

CyberArk Software Stock Down 0.5 %

Shares of CYBR opened at $344.87 on Wednesday. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00. The firm has a market capitalization of $17.05 billion, a price-to-earnings ratio of -176.86 and a beta of 1.06. The stock’s 50-day moving average price is $363.88 and its 200 day moving average price is $322.32.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings results 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 negative net margin of 9.34% and a positive return on equity of 0.45%. Equities research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current year.

CyberArk Software Company 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.