Curi RMB Capital LLC Takes $774,000 Position in CyberArk Software Ltd. (NASDAQ:CYBR)

Curi RMB Capital LLC purchased a new stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,654 shares of the technology company’s stock, valued at approximately $774,000.

Other institutional investors also recently bought and sold shares of the company. Mather Group LLC. purchased a new position in CyberArk Software during the second quarter valued at approximately $27,000. ORG Partners LLC purchased a new position in CyberArk Software during the second quarter valued at approximately $33,000. 1620 Investment Advisors Inc. purchased a new position in CyberArk Software during the second quarter valued at approximately $39,000. Assetmark Inc. increased its holdings in CyberArk Software by 1,025.0% during the third quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock valued at $39,000 after buying an additional 123 shares during the period. Finally, Arcadia Investment Management Corp MI increased its holdings in CyberArk Software by 42.2% during the second quarter. Arcadia Investment Management Corp MI now owns 182 shares of the technology company’s stock valued at $50,000 after buying an additional 54 shares during the period. 91.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on CYBR. BTIG Research lifted their price objective on shares of CyberArk Software from $310.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Jefferies Financial Group lifted their price target on shares of CyberArk Software from $315.00 to $330.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. Mizuho lifted their price target on shares of CyberArk Software from $310.00 to $325.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. UBS Group lifted their price target on shares of CyberArk Software from $340.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday. Finally, KeyCorp lifted their price target on shares of CyberArk Software from $340.00 to $355.00 and gave the stock an “overweight” rating in a report on Thursday. One investment analyst has rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $328.37.

CyberArk Software Price Performance

NASDAQ CYBR opened at $305.27 on Friday. The company has a market capitalization of $13.30 billion, a PE ratio of 1,130.67 and a beta of 1.13. The company has a fifty day moving average of $284.25 and a 200 day moving average of $266.66. CyberArk Software Ltd. has a 1 year low of $183.28 and a 1 year high of $318.16.

About CyberArk Software

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.