Neuburgh Advisers LLC lifted its stake in Cyberark Software Ltd (NASDAQ:CYBR) by 161.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 544 shares of the technology company’s stock after purchasing an additional 336 shares during the quarter. Neuburgh Advisers LLC’s holdings in Cyberark Software were worth $70,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new stake in shares of Cyberark Software in the second quarter valued at approximately $26,000. Advisory Services Network LLC increased its holdings in shares of Cyberark Software by 2,490.0% in the first quarter. Advisory Services Network LLC now owns 259 shares of the technology company’s stock valued at $31,000 after purchasing an additional 249 shares during the last quarter. NEXT Financial Group Inc increased its holdings in shares of Cyberark Software by 59.5% in the second quarter. NEXT Financial Group Inc now owns 319 shares of the technology company’s stock valued at $41,000 after purchasing an additional 119 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of Cyberark Software by 100.0% in the first quarter. Global Retirement Partners LLC now owns 400 shares of the technology company’s stock valued at $48,000 after purchasing an additional 200 shares during the last quarter. Finally, LS Investment Advisors LLC acquired a new stake in shares of Cyberark Software in the second quarter valued at approximately $80,000. 76.60% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently commented on CYBR. Mizuho set a $145.00 price target on Cyberark Software and gave the company a “buy” rating in a report on Wednesday, August 7th. Morgan Stanley increased their price target on Cyberark Software from $146.00 to $149.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. JPMorgan Chase & Co. set a $160.00 price target on Cyberark Software and gave the company an “overweight” rating in a report on Wednesday, August 7th. Zacks Investment Research raised Cyberark Software from a “hold” rating to a “buy” rating and set a $124.00 price target for the company in a report on Tuesday, August 13th. Finally, ValuEngine cut Cyberark Software from a “buy” rating to a “hold” rating in a report on Tuesday. Five analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $124.52.

Shares of CYBR traded up $1.96 during midday trading on Friday, hitting $100.09. 27,174 shares of the stock were exchanged, compared to its average volume of 697,709. Cyberark Software Ltd has a 52-week low of $64.66 and a 52-week high of $148.74. The stock has a fifty day simple moving average of $121.33 and a 200 day simple moving average of $123.18. The firm has a market cap of $3.90 billion, a P/E ratio of 69.94, a P/E/G ratio of 5.07 and a beta of 1.64.

Cyberark Software (NASDAQ:CYBR) last released its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.25 by $0.34. Cyberark Software had a return on equity of 13.47% and a net margin of 15.23%. The business had revenue of $100.18 million during the quarter, compared to analyst estimates of $97.35 million. During the same period last year, the business posted $0.36 earnings per share. The company’s quarterly revenue was up 28.9% on a year-over-year basis. As a group, equities research analysts anticipate that Cyberark Software Ltd will post 1.29 earnings per share for the current fiscal year.

Cyberark Software Profile

CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.

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

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