Crumly & Associates Inc. Buys 118 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Crumly & Associates Inc. grew its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,802 shares of the technology company’s stock after buying an additional 118 shares during the period. Crumly & Associates Inc.’s holdings in CyberArk Software were worth $600,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Transcend Capital Advisors LLC increased its position in shares of CyberArk Software by 14.8% during the fourth quarter. Transcend Capital Advisors LLC now owns 1,192 shares of the technology company’s stock valued at $397,000 after buying an additional 154 shares during the period. Arcadia Investment Management Corp MI increased its position in shares of CyberArk Software by 37.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 689 shares of the technology company’s stock worth $230,000 after purchasing an additional 189 shares during the last quarter. TimesSquare Capital Management LLC increased its position in shares of CyberArk Software by 4.6% in the fourth quarter. TimesSquare Capital Management LLC now owns 560,353 shares of the technology company’s stock worth $186,682,000 after purchasing an additional 24,805 shares during the last quarter. Atria Wealth Solutions Inc. increased its position in shares of CyberArk Software by 34.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 2,481 shares of the technology company’s stock worth $827,000 after purchasing an additional 641 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS increased its position in shares of CyberArk Software by 10.8% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 50,190 shares of the technology company’s stock worth $16,721,000 after purchasing an additional 4,890 shares during the last quarter. 91.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CYBR shares. StockNews.com cut shares of CyberArk Software from a “buy” rating to a “hold” rating in a research report on Friday. Susquehanna upped their price objective on shares of CyberArk Software from $320.00 to $345.00 and gave the stock a “positive” rating in a research report on Thursday, November 14th. UBS Group upped their price objective on shares of CyberArk Software from $340.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Barclays upped their price objective on shares of CyberArk Software from $375.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, KeyCorp increased their price target on shares of CyberArk Software from $400.00 to $485.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $401.67.

CyberArk Software Stock Down 2.0 %

Shares of CYBR stock opened at $400.97 on Friday. The stock has a fifty day moving average of $355.03 and a 200 day moving average of $312.10. CyberArk Software Ltd. has a 52 week low of $223.09 and a 52 week high of $421.00.

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

CyberArk Software Company 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.