Americana Partners LLC Purchases Shares of 1,736 CyberArk Software Ltd. (NASDAQ:CYBR)

Americana Partners LLC acquired a new position in CyberArk Software Ltd. (NASDAQ:CYBR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,736 shares of the technology company’s stock, valued at approximately $578,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Coldstream Capital Management Inc. boosted its holdings in shares of CyberArk Software by 3.5% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company’s stock worth $359,000 after acquiring an additional 42 shares in the last quarter. Montag A & Associates Inc. boosted its position in shares of CyberArk Software by 47.2% in the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after purchasing an additional 42 shares during the last quarter. Greenleaf Trust boosted its position in shares of CyberArk Software by 2.5% in the 3rd quarter. Greenleaf Trust now owns 1,829 shares of the technology company’s stock worth $533,000 after purchasing an additional 45 shares during the last quarter. Signaturefd LLC boosted its position in shares of CyberArk Software by 4.2% in the 3rd quarter. Signaturefd LLC now owns 1,206 shares of the technology company’s stock worth $352,000 after purchasing an additional 49 shares during the last quarter. Finally, Austin Private Wealth LLC lifted its holdings in CyberArk Software by 6.8% during the third quarter. Austin Private Wealth LLC now owns 815 shares of the technology company’s stock worth $238,000 after acquiring an additional 52 shares in the last quarter. Institutional investors own 91.84% of the company’s stock.

Wall Street Analysts Forecast Growth

CYBR has been the topic of a number of research reports. Oppenheimer boosted their price target on CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Needham & Company LLC boosted their price target on CyberArk Software from $360.00 to $410.00 and gave the stock a “buy” rating in a research report on Thursday, January 9th. KeyCorp increased their target price on CyberArk Software from $400.00 to $485.00 and gave the stock an “overweight” rating in a research note on Friday. Morgan Stanley increased their price target on CyberArk Software from $316.00 to $390.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Barclays increased their price target on CyberArk Software from $375.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday. Two research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $401.67.

CyberArk Software Price Performance

Shares of CYBR stock opened at $413.31 on Tuesday. CyberArk Software Ltd. has a 12 month low of $223.09 and a 12 month high of $419.49. The company has a market capitalization of $18.01 billion, a PE ratio of 1,530.83 and a beta of 1.15. The firm’s 50-day moving average is $349.78 and its two-hundred day moving average is $309.64.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. Sell-side analysts forecast that CyberArk Software Ltd. will post -0.58 EPS for the current 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.