Clarius Group LLC Invests $362,000 in CyberArk Software Ltd. (NASDAQ:CYBR)


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Clarius Group LLC bought a new position in CyberArk Software Ltd. (NASDAQ:CYBR) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,800 shares of the technology company’s stock, valued at approximately $362,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pacer Advisors Inc. purchased a new position in CyberArk Software during the fourth quarter valued at approximately $53,000. Montag A & Associates Inc. purchased a new position in CyberArk Software during the fourth quarter valued at approximately $81,000. Financial Counselors Inc. purchased a new position in CyberArk Software during the fourth quarter valued at approximately $203,000. Qtron Investments LLC purchased a new position in CyberArk Software during the fourth quarter valued at approximately $212,000. Finally, Associated Banc Corp purchased a new position in CyberArk Software during the fourth quarter valued at approximately $214,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Several equities research analysts have issued reports on CYBR shares. Mizuho lifted their target price on shares of CyberArk Software from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 12th. Monness Crespi & Hardt lifted their target price on shares of CyberArk Software from $125.00 to $183.00 and gave the company a “buy” rating in a research report on Monday, January 4th. Robert W. Baird upgraded shares of CyberArk Software from a “neutral” rating to an “outperform” rating and set a $170.00 price objective for the company in a report on Tuesday, April 13th. Piper Sandler boosted their price objective on shares of CyberArk Software from $125.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, January 5th. Finally, Needham & Company LLC restated a “hold” rating on shares of CyberArk Software in a report on Thursday, March 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $154.69.

Shares of CyberArk Software stock opened at $138.97 on Tuesday. The company has a current ratio of 4.47, a quick ratio of 4.47 and a debt-to-equity ratio of 0.74. The company’s fifty day simple moving average is $139.12 and its two-hundred day simple moving average is $137.10. The company has a market cap of $5.43 billion, a P/E ratio of 1,985.57 and a beta of 1.37. CyberArk Software Ltd. has a 12-month low of $92.61 and a 12-month high of $169.70.

CyberArk Software (NASDAQ:CYBR) last released its earnings results on Wednesday, February 10th. The technology company reported $0.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.62. The firm had revenue of $144.52 million for the quarter, compared to the consensus estimate of $128.15 million. CyberArk Software had a net margin of 0.65% and a return on equity of 4.34%. Analysts predict that CyberArk Software Ltd. will post 0.37 EPS for the current fiscal year.

About CyberArk Software

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, which combines Privileged Access Manager and Remote Access to provide fast, easy, and secure privileged access to third-party vendors; Endpoint Privilege Manager, a SaaS service 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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