Century Capital Management LLC Has $2.74 Million Stake in CyberArk Software Ltd. (CYBR)

Century Capital Management LLC decreased its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 16.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,916 shares of the technology company’s stock after selling 11,184 shares during the period. Century Capital Management LLC owned 0.19% of CyberArk Software worth $2,743,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Legal & General Group Plc grew its holdings in shares of CyberArk Software by 6.1% in the 2nd quarter. Legal & General Group Plc now owns 5,213 shares of the technology company’s stock valued at $260,000 after acquiring an additional 300 shares in the last quarter. Swiss National Bank grew its holdings in shares of CyberArk Software by 1.1% in the 1st quarter. Swiss National Bank now owns 35,900 shares of the technology company’s stock valued at $1,826,000 after acquiring an additional 400 shares in the last quarter. US Bancorp DE grew its holdings in shares of CyberArk Software by 7.3% in the 1st quarter. US Bancorp DE now owns 6,959 shares of the technology company’s stock valued at $354,000 after acquiring an additional 476 shares in the last quarter. Congress Asset Management Co. MA grew its holdings in CyberArk Software by 0.5% during the second quarter. Congress Asset Management Co. MA now owns 174,798 shares of the technology company’s stock worth $8,731,000 after purchasing an additional 867 shares during the period. Finally, Creative Planning grew its holdings in CyberArk Software by 4.1% during the second quarter. Creative Planning now owns 25,148 shares of the technology company’s stock worth $1,256,000 after purchasing an additional 995 shares during the period. Institutional investors own 81.74% of the company’s stock.

A number of research firms recently commented on CYBR. BidaskClub cut CyberArk Software from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Evercore ISI set a $56.00 price target on CyberArk Software and gave the stock a “buy” rating in a report on Wednesday, August 9th. Summit Redstone upgraded CyberArk Software from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. TheStreet cut CyberArk Software from a “c” rating to a “d+” rating in a report on Thursday, August 10th. Finally, UBS AG reiterated a “neutral” rating and set a $52.00 price target (down previously from $57.00) on shares of CyberArk Software in a report on Friday, July 14th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $50.60.

Shares of CyberArk Software Ltd. (NASDAQ:CYBR) traded up 1.59% during midday trading on Friday, hitting $41.52. The stock had a trading volume of 704,961 shares. The stock’s 50-day moving average price is $40.86 and its 200 day moving average price is $47.70. CyberArk Software Ltd. has a 52 week low of $39.34 and a 52 week high of $56.25. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 53.30 and a beta of 2.58.

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CyberArk Software Company Profile

CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.

Institutional Ownership by Quarter for CyberArk Software (NASDAQ:CYBR)

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