CyberArk Software Ltd. $CYBR Holdings Boosted by G2 Investment Partners Management LLC

G2 Investment Partners Management LLC raised its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 22.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,578 shares of the technology company’s stock after acquiring an additional 5,000 shares during the period. CyberArk Software accounts for about 2.5% of G2 Investment Partners Management LLC’s investment portfolio, making the stock its 14th biggest holding. G2 Investment Partners Management LLC owned about 0.06% of CyberArk Software worth $11,221,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in CYBR. Vanguard Group Inc. lifted its holdings in shares of CyberArk Software by 5.2% in the 1st quarter. Vanguard Group Inc. now owns 77,871 shares of the technology company’s stock worth $26,320,000 after purchasing an additional 3,842 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in CyberArk Software by 10.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 33,819 shares of the technology company’s stock worth $11,431,000 after buying an additional 3,081 shares during the last quarter. Nuveen LLC acquired a new stake in CyberArk Software in the first quarter worth $41,244,000. Public Sector Pension Investment Board lifted its stake in CyberArk Software by 18.2% in the first quarter. Public Sector Pension Investment Board now owns 23,394 shares of the technology company’s stock valued at $7,907,000 after buying an additional 3,600 shares during the last quarter. Finally, Prudential PLC lifted its stake in CyberArk Software by 2.4% in the first quarter. Prudential PLC now owns 1,277 shares of the technology company’s stock valued at $432,000 after buying an additional 30 shares during the last quarter. 91.84% of the stock is currently owned by institutional investors and hedge funds.

CyberArk Software Stock Up 0.7%

Shares of CyberArk Software stock opened at $462.86 on Friday. CyberArk Software Ltd. has a 12-month low of $288.63 and a 12-month high of $526.19. The firm has a market capitalization of $23.37 billion, a PE ratio of -100.40, a price-to-earnings-growth ratio of 24.74 and a beta of 0.99. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.52. The stock’s fifty day moving average is $487.32 and its 200-day moving average is $444.31.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings results on Thursday, November 6th. The technology company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.28. The business had revenue of $342.84 million during the quarter, compared to analyst estimates of $328.52 million. CyberArk Software had a negative return on equity of 0.07% and a negative net margin of 17.42%.CyberArk Software’s revenue for the quarter was up 42.8% on a year-over-year basis. During the same quarter last year, the company posted $0.94 EPS. Equities analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on CYBR. 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. Zacks Research raised shares of CyberArk Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Jefferies Financial Group lowered shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a research note on Sunday, November 30th. Canaccord Genuity Group cut CyberArk Software from a “buy” rating to a “hold” rating and lifted their price target for the company from $440.00 to $502.00 in a report on Wednesday, October 15th. Finally, DA Davidson reissued a “buy” rating and issued a $518.00 price target on shares of CyberArk Software in a research note on Friday, November 7th. Seven research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $459.75.

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.