1,243 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC acquired a new stake in CyberArk Software Ltd. (NASDAQ:CYBR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,243 shares of the technology company’s stock, valued at approximately $414,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of CyberArk Software in the fourth quarter valued at about $25,000. Assetmark Inc. increased its position in CyberArk Software by 1,025.0% in the 3rd quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock valued at $39,000 after acquiring an additional 123 shares in the last quarter. Transcendent Capital Group LLC acquired a new position in shares of CyberArk Software during the third quarter worth approximately $51,000. Kieckhefer Group LLC acquired a new position in shares of CyberArk Software during the fourth quarter worth approximately $67,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of CyberArk Software during the third quarter valued at approximately $87,000. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CYBR. Oppenheimer upped their price objective on CyberArk Software from $310.00 to $360.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Morgan Stanley reaffirmed an “equal weight” rating and set a $316.00 price target on shares of CyberArk Software in a research note on Tuesday, December 31st. Canaccord Genuity Group lifted their price objective on CyberArk Software from $310.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. KeyCorp upped their target price on shares of CyberArk Software from $355.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Finally, Piper Sandler lifted their price target on shares of CyberArk Software from $345.00 to $380.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. One research analyst has rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $362.26.

CyberArk Software Price Performance

CYBR opened at $359.46 on Tuesday. The company has a market capitalization of $15.66 billion, a price-to-earnings ratio of 1,331.38 and a beta of 1.13. The business’s 50-day moving average price is $329.93 and its two-hundred day moving average price is $296.06. CyberArk Software Ltd. has a 1 year low of $223.09 and a 1 year high of $366.48.

CyberArk Software (NASDAQ:CYBR) last announced its earnings results on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.48. The business had revenue of $240.10 million for the quarter, compared to analyst estimates of $234.10 million. CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. CyberArk Software’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.31) EPS. Sell-side analysts anticipate that CyberArk Software Ltd. will post -0.58 earnings per share for the current fiscal 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.