2,200 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Acquired by Allianz SE

Allianz SE acquired a new stake in CyberArk Software Ltd. (NASDAQ:CYBR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,200 shares of the technology company’s stock, valued at approximately $703,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in CyberArk Software during the 4th quarter valued at $25,000. TD Private Client Wealth LLC increased its position in CyberArk Software by 79.1% in the fourth quarter. TD Private Client Wealth LLC now owns 77 shares of the technology company’s stock worth $26,000 after buying an additional 34 shares during the period. Plato Investment Management Ltd bought a new stake in CyberArk Software in the 4th quarter valued at about $39,000. Graney & King LLC bought a new stake in shares of CyberArk Software during the fourth quarter valued at approximately $43,000. Finally, Montag A & Associates Inc. boosted its position in CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after acquiring an additional 42 shares during the period. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on CYBR. Guggenheim reiterated a “buy” rating and issued a $455.00 price target on shares of CyberArk Software in a research report on Tuesday, February 25th. Mizuho increased their price target on shares of CyberArk Software from $345.00 to $365.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. KeyCorp lifted their price target on CyberArk Software from $400.00 to $485.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Canaccord Genuity Group lifted their price objective on shares of CyberArk Software from $330.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Finally, Stifel Nicolaus upped their price target on CyberArk Software from $370.00 to $444.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $418.15.

CyberArk Software Trading Down 1.6 %

Shares of CYBR opened at $335.74 on Monday. The stock has a market capitalization of $16.59 billion, a price-to-earnings ratio of -172.17 and a beta of 1.06. The firm has a fifty day simple moving average of $364.16 and a 200 day simple moving average of $326.66. CyberArk Software Ltd. has a 12 month low of $223.41 and a 12 month high of $421.00.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. As a group, research analysts predict that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

CyberArk Software Profile

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.