GDS Wealth Management Buys Shares of 814 CyberArk Software Ltd. $CYBR

GDS Wealth Management bought a new stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 814 shares of the technology company’s stock, valued at approximately $275,000.

Several other institutional investors and hedge funds also recently bought and sold shares of CYBR. Mariner LLC grew its stake in CyberArk Software by 2.1% during the 4th quarter. Mariner LLC now owns 5,769 shares of the technology company’s stock valued at $1,921,000 after acquiring an additional 121 shares in the last quarter. Guggenheim Capital LLC purchased a new position in CyberArk Software during the 4th quarter valued at about $296,000. GeoWealth Management LLC grew its stake in CyberArk Software by 264.3% during the 4th quarter. GeoWealth Management LLC now owns 153 shares of the technology company’s stock valued at $51,000 after acquiring an additional 111 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in CyberArk Software by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,684 shares of the technology company’s stock valued at $2,227,000 after acquiring an additional 53 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in CyberArk Software by 28.2% during the 4th quarter. MetLife Investment Management LLC now owns 5,000 shares of the technology company’s stock valued at $1,666,000 after acquiring an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Baird R W cut CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 1st. KeyCorp cut CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 31st. Wedbush reissued a “neutral” rating and issued a $450.00 price target on shares of CyberArk Software in a research note on Thursday, July 31st. Morgan Stanley reissued an “equal weight” rating on shares of CyberArk Software in a research note on Tuesday, May 13th. Finally, Needham & Company LLC boosted their price target on CyberArk Software from $460.00 to $551.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Fourteen investment analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat.com, CyberArk Software currently has an average rating of “Hold” and a consensus target price of $435.11.

CyberArk Software Stock Up 1.7%

CYBR opened at $438.67 on Thursday. The business has a 50 day moving average of $398.56 and a 200-day moving average of $372.95. The stock has a market capitalization of $21.68 billion, a price-to-earnings ratio of -130.17 and a beta of 0.96. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.53. CyberArk Software Ltd. has a 1-year low of $254.43 and a 1-year high of $452.00.

CyberArk Software (NASDAQ:CYBR) last released its earnings results on Wednesday, July 30th. The technology company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.79 by $0.09. CyberArk Software had a negative net margin of 13.78% and a positive return on equity of 0.44%. The firm had revenue of $328.03 million during the quarter, compared to analysts’ expectations of $315.43 million. During the same period in the prior year, the company earned $0.54 EPS. The business’s quarterly revenue was up 46.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

About CyberArk Software

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.