Edmond DE Rothschild Holding S.A. Has $1.69 Million Stock Position in CyberArk Software Ltd. $CYBR

Edmond DE Rothschild Holding S.A. raised its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 115.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,157 shares of the technology company’s stock after purchasing an additional 2,228 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in CyberArk Software were worth $1,691,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CYBR. Opal Wealth Advisors LLC acquired a new stake in shares of CyberArk Software in the 2nd quarter valued at approximately $30,000. NewSquare Capital LLC lifted its stake in CyberArk Software by 78.0% in the 2nd quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock valued at $30,000 after purchasing an additional 32 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in CyberArk Software in the second quarter valued at approximately $33,000. DHJJ Financial Advisors Ltd. acquired a new position in shares of CyberArk Software during the second quarter worth $81,000. Finally, Harbour Investments Inc. lifted its stake in shares of CyberArk Software by 298.0% in the 1st quarter. Harbour Investments Inc. now owns 203 shares of the technology company’s stock valued at $69,000 after acquiring an additional 152 shares during the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

CyberArk Software Stock Down 0.4%

Shares of NASDAQ CYBR opened at $445.60 on Thursday. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.53. The firm has a market cap of $22.49 billion, a PE ratio of -132.23 and a beta of 1.01. The company’s fifty day simple moving average is $492.56 and its 200 day simple moving average is $436.39. CyberArk Software Ltd. has a 12-month low of $288.63 and a 12-month high of $526.19.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.28. CyberArk Software had a negative net margin of 13.78% and a positive return on equity of 0.44%. The firm had revenue of $342.84 million for the quarter, compared to analyst estimates of $328.52 million. During the same quarter in the prior year, the business earned $0.94 earnings per share. The business’s quarterly revenue was up 42.8% compared to the same quarter last year. As a group, sell-side analysts forecast that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CYBR has been the subject of several research reports. Wolfe Research downgraded CyberArk Software from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. JMP Securities reiterated a “market perform” rating on shares of CyberArk Software in a report on Tuesday, September 23rd. Royal Bank Of Canada reissued a “sector perform” rating and set a $448.00 target price (up from $420.00) on shares of CyberArk Software in a report on Thursday, July 31st. Weiss Ratings initiated coverage on shares of CyberArk Software in a research note on Saturday, November 1st. They set a “sell (d-)” rating for the company. Finally, Piper Sandler reissued a “neutral” rating and issued a $448.00 price objective (up previously from $440.00) on shares of CyberArk Software in a research note on Thursday, July 31st. Eight analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, CyberArk Software has a consensus rating of “Hold” and a consensus target price of $455.96.

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.