EP Wealth Advisors LLC Increases Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

EP Wealth Advisors LLC raised its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 830 shares of the technology company’s stock after buying an additional 76 shares during the quarter. EP Wealth Advisors LLC’s holdings in CyberArk Software were worth $277,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. TD Private Client Wealth LLC raised its stake in CyberArk Software by 79.1% during the fourth quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company’s stock valued at $26,000 after buying an additional 34 shares during the last quarter. CenterBook Partners LP increased its holdings in shares of CyberArk Software by 2.4% in the 4th quarter. CenterBook Partners LP now owns 1,603 shares of the technology company’s stock worth $534,000 after purchasing an additional 38 shares in the last quarter. Montag A & Associates Inc. increased its holdings in shares of CyberArk Software by 47.2% in the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after purchasing an additional 42 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in shares of CyberArk Software by 6.9% in the 4th quarter. Venturi Wealth Management LLC now owns 805 shares of the technology company’s stock worth $268,000 after purchasing an additional 52 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in shares of CyberArk Software by 1.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 3,827 shares of the technology company’s stock worth $1,275,000 after purchasing an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Down 1.7%

NASDAQ CYBR opened at $361.29 on Wednesday. The firm has a market cap of $17.86 billion, a price-to-earnings ratio of -185.28 and a beta of 0.99. The business has a 50-day moving average price of $341.44 and a 200-day moving average price of $339.45. CyberArk Software Ltd. has a twelve month low of $223.41 and a twelve month high of $421.00.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a positive return on equity of 0.45% and a negative net margin of 9.34%. Research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CYBR has been the subject of a number of research analyst reports. Morgan Stanley reissued an “equal weight” rating on shares of CyberArk Software in a report on Tuesday. Guggenheim reissued a “buy” rating and issued a $455.00 target price on shares of CyberArk Software in a report on Tuesday, February 25th. Needham & Company LLC reissued a “buy” rating and issued a $480.00 target price on shares of CyberArk Software in a report on Thursday, March 20th. Roth Capital initiated coverage on CyberArk Software in a report on Tuesday. They issued a “buy” rating for the company. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $445.00 target price on shares of CyberArk Software in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $415.89.

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.