Wipfli Financial Advisors LLC Invests $40,000 in CyberArk Software Ltd. (NASDAQ:CYBR)

Wipfli Financial Advisors LLC bought a new position in CyberArk Software Ltd. (NASDAQ:CYBRGet Rating) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 269 shares of the technology company’s stock, valued at approximately $40,000.

Several other hedge funds also recently made changes to their positions in the company. First Trust Advisors LP grew its position in shares of CyberArk Software by 8.3% in the 1st quarter. First Trust Advisors LP now owns 1,129,744 shares of the technology company’s stock worth $190,644,000 after acquiring an additional 86,160 shares in the last quarter. Legal & General Group Plc boosted its position in CyberArk Software by 5.8% during the 2nd quarter. Legal & General Group Plc now owns 1,114,055 shares of the technology company’s stock valued at $142,554,000 after purchasing an additional 61,334 shares during the period. abrdn plc boosted its position in CyberArk Software by 0.9% during the 2nd quarter. abrdn plc now owns 575,354 shares of the technology company’s stock valued at $75,023,000 after purchasing an additional 5,040 shares during the period. Invesco Ltd. boosted its position in CyberArk Software by 7.5% during the 1st quarter. Invesco Ltd. now owns 498,788 shares of the technology company’s stock valued at $84,169,000 after purchasing an additional 34,843 shares during the period. Finally, Stephens Investment Management Group LLC boosted its position in CyberArk Software by 0.6% during the 2nd quarter. Stephens Investment Management Group LLC now owns 465,077 shares of the technology company’s stock valued at $59,511,000 after purchasing an additional 2,724 shares during the period. Institutional investors and hedge funds own 91.52% of the company’s stock.

CyberArk Software Stock Up 6.6 %

Shares of CyberArk Software stock opened at $127.85 on Wednesday. The stock’s fifty day moving average is $137.09 and its 200-day moving average is $141.73. The firm has a market capitalization of $5.21 billion, a PE ratio of -41.38 and a beta of 1.04. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.87. CyberArk Software Ltd. has a 12-month low of $100.35 and a 12-month high of $180.01.

CyberArk Software (NASDAQ:CYBRGet Rating) last announced its earnings results on Thursday, November 3rd. The technology company reported ($0.67) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.90) by $0.23. CyberArk Software had a negative return on equity of 16.23% and a negative net margin of 21.79%. The company had revenue of $152.67 million for the quarter, compared to analyst estimates of $151.18 million. Equities analysts anticipate that CyberArk Software Ltd. will post -3.44 earnings per share for the current year.

Analyst Upgrades and Downgrades

CYBR has been the subject of a number of analyst reports. Cowen initiated coverage on CyberArk Software in a research report on Thursday, September 29th. They set an “outperform” rating and a $195.00 price objective for the company. Sumitomo Mitsui Financial Group began coverage on CyberArk Software in a research report on Wednesday, January 4th. They set a “neutral” rating and a $145.00 price target for the company. Barclays reduced their price target on CyberArk Software from $168.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, January 11th. Cowen began coverage on CyberArk Software in a research report on Thursday, September 29th. They set an “outperform” rating for the company. Finally, Mizuho boosted their price target on CyberArk Software from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, November 4th. Four analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $172.83.

CyberArk Software Profile

(Get Rating)

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager that offers risk-based credential security and session management to protect against attacks involving privileged access; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide fast, easy, and secure privileged access to third-party vendors; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Cloud Entitlements Manager, a SaaS solution, which reduces risk that arises from excessive privileges by implementing least privilege across cloud environments.

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

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