52,718 Shares in CyberArk Software Ltd. $CYBR Purchased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC bought a new stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 52,718 shares of the technology company’s stock, valued at approximately $25,471,000.

A number of other large investors also recently added to or reduced their stakes in CYBR. Norges Bank bought a new position in CyberArk Software in the 2nd quarter worth approximately $444,613,000. Barclays PLC grew its holdings in CyberArk Software by 948.3% during the 3rd quarter. Barclays PLC now owns 471,411 shares of the technology company’s stock valued at $227,762,000 after buying an additional 426,441 shares in the last quarter. Citigroup Inc. raised its position in shares of CyberArk Software by 144.8% during the third quarter. Citigroup Inc. now owns 565,048 shares of the technology company’s stock valued at $273,003,000 after buying an additional 334,181 shares during the last quarter. Alpine Associates Management Inc. bought a new stake in shares of CyberArk Software during the third quarter valued at approximately $98,635,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of CyberArk Software by 85.3% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 362,752 shares of the technology company’s stock worth $147,597,000 after buying an additional 167,000 shares in the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.

CyberArk Software Trading Down 0.1%

CYBR stock opened at $408.85 on Monday. The firm has a fifty day moving average price of $428.09 and a 200 day moving average price of $459.70. CyberArk Software Ltd. has a fifty-two week low of $288.63 and a fifty-two week high of $526.19. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.14 and a current ratio of 2.00. The firm has a market cap of $20.64 billion, a PE ratio of -139.54, a price-to-earnings-growth ratio of 18.11 and a beta of 0.91.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.18. The company had revenue of $372.65 million for the quarter, compared to analysts’ expectations of $377.22 million. CyberArk Software had a negative net margin of 10.79% and a positive return on equity of 0.77%. CyberArk Software’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.80 earnings per share. Sell-side analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CYBR shares. Weiss Ratings restated a “sell (d-)” rating on shares of CyberArk Software in a research report on Thursday, January 29th. Jefferies Financial Group downgraded shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 30th. Barclays decreased their price target on shares of CyberArk Software from $520.00 to $460.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 5th. JPMorgan Chase & Co. cut their price objective on CyberArk Software from $474.00 to $425.00 and set a “neutral” rating for the company in a research report on Monday, February 9th. Finally, Zacks Research raised CyberArk Software from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twenty-two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $459.95.

CyberArk Software Profile

CyberArk Software Ltd. is a cybersecurity company that focuses on identity security and privileged access management. Its core mission is to protect organizations from cyber threats that target privileged accounts, credentials and secrets that can provide attackers with broad access to critical systems. CyberArk’s offerings are designed to help enterprises control, monitor and secure privileged credentials across on-premises, cloud and hybrid environments, reducing the risk of lateral movement and data breaches.

The company delivers a suite of software and cloud services that address privileged access, secrets management, endpoint privilege management and identity-based threat detection.