Integrated Quantitative Investments LLC Makes New $946,000 Investment in CyberArk Software Ltd. $CYBR

Integrated Quantitative Investments LLC purchased a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,326 shares of the technology company’s stock, valued at approximately $946,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Venturi Wealth Management LLC raised its stake in CyberArk Software by 3.6% during the 1st quarter. Venturi Wealth Management LLC now owns 834 shares of the technology company’s stock valued at $282,000 after purchasing an additional 29 shares during the last quarter. Prudential PLC increased its holdings in shares of CyberArk Software by 2.4% during the 1st quarter. Prudential PLC now owns 1,277 shares of the technology company’s stock worth $432,000 after purchasing an additional 30 shares during the period. MAI Capital Management raised its position in shares of CyberArk Software by 1.1% during the first quarter. MAI Capital Management now owns 2,756 shares of the technology company’s stock valued at $932,000 after buying an additional 31 shares during the last quarter. NewSquare Capital LLC lifted its stake in shares of CyberArk Software by 78.0% in the second quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock valued at $30,000 after buying an additional 32 shares during the period. Finally, Y.D. More Investments Ltd grew its position in CyberArk Software by 0.5% during the first quarter. Y.D. More Investments Ltd now owns 6,974 shares of the technology company’s stock worth $2,415,000 after buying an additional 38 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on CYBR shares. Piper Sandler reaffirmed a “neutral” rating and issued a $448.00 price target (up previously from $440.00) on shares of CyberArk Software in a report on Thursday, July 31st. Canaccord Genuity Group lowered shares of CyberArk Software from a “buy” rating to a “hold” rating and increased their price target for the stock from $440.00 to $502.00 in a research report on Wednesday, October 15th. JMP Securities restated a “market perform” rating on shares of CyberArk Software in a research note on Tuesday, September 23rd. Citizens Jmp cut CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. Finally, Guggenheim downgraded shares of CyberArk Software from a “strong-buy” rating to a “hold” rating and set a $455.00 price target on the stock. in a research report on Thursday, July 31st. Eight research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $455.96.

CyberArk Software Trading Up 0.1%

NASDAQ CYBR opened at $487.93 on Friday. CyberArk Software Ltd. has a one year low of $288.63 and a one year high of $526.19. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.31 and a quick ratio of 2.31. The firm has a market cap of $24.63 billion, a P/E ratio of -144.79 and a beta of 1.01. The stock’s 50-day moving average is $494.94 and its 200-day moving average is $430.89.

CyberArk Software (NASDAQ:CYBR) last posted its earnings results on Thursday, November 6th. The technology company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.28. The business had revenue of $342.84 million during the quarter, compared to analysts’ expectations of $328.52 million. CyberArk Software had a positive return on equity of 0.44% and a negative net margin of 13.78%.CyberArk Software’s revenue for the quarter was up 42.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.94 EPS. Sell-side analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

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.