Quadrant Capital Group LLC Has $1.36 Million Holdings in CyberArk Software Ltd. $CYBR

Quadrant Capital Group LLC increased its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 32.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,335 shares of the technology company’s stock after purchasing an additional 813 shares during the quarter. Quadrant Capital Group LLC’s holdings in CyberArk Software were worth $1,357,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in CYBR. Price T Rowe Associates Inc. MD increased its stake in CyberArk Software by 1,598.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 979,181 shares of the technology company’s stock valued at $330,964,000 after buying an additional 921,523 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of CyberArk Software by 82.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 740,504 shares of the technology company’s stock worth $250,290,000 after buying an additional 335,634 shares during the last quarter. Amundi grew its holdings in shares of CyberArk Software by 153.5% in the 1st quarter. Amundi now owns 547,466 shares of the technology company’s stock valued at $179,547,000 after acquiring an additional 331,498 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of CyberArk Software by 545.1% in the first quarter. BNP Paribas Financial Markets now owns 230,362 shares of the technology company’s stock valued at $77,862,000 after acquiring an additional 194,651 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in CyberArk Software by 85.3% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 362,752 shares of the technology company’s stock worth $147,597,000 after acquiring an additional 167,000 shares in the last quarter. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Trading Up 4.4%

CYBR stock opened at $465.00 on Friday. The stock has a market cap of $23.47 billion, a price-to-earnings ratio of -137.98 and a beta of 1.01. The company has a fifty day moving average price of $491.24 and a two-hundred day moving average price of $437.66. 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.

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 company had revenue of $342.84 million during the quarter, compared to analysts’ expectations of $328.52 million. CyberArk Software had a negative net margin of 13.78% and a positive return on equity of 0.44%. CyberArk Software’s quarterly revenue was up 42.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.94 EPS. Equities analysts anticipate that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Analyst Ratings Changes

CYBR has been the subject of several recent research reports. Citizens Jmp cut CyberArk Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Weiss Ratings started coverage on CyberArk Software in a research note on Saturday, November 1st. They set a “sell (d-)” rating on the stock. DA Davidson reissued a “buy” rating and issued a $518.00 target price on shares of CyberArk Software in a research note on Friday, November 7th. Scotiabank restated a “sector perform” rating and set a $448.00 target price (down from $460.00) on shares of CyberArk Software in a report on Tuesday, August 5th. Finally, Citigroup lowered shares of CyberArk Software from a “buy” rating to a “hold” rating and upped their price target for the stock from $465.00 to $524.00 in a research report on Tuesday, November 4th. Eight investment 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. According to MarketBeat.com, CyberArk Software presently has a consensus rating of “Hold” and a consensus target price of $455.96.

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.