CyberArk Software Ltd. (NASDAQ:CYBR) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 137.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,518 shares of the technology company’s stock after buying an additional 6,673 shares during the period. Teacher Retirement System of Texas’ holdings in CyberArk Software were worth $3,837,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nepsis Inc. raised its position in shares of CyberArk Software by 882.4% during the 4th quarter. Nepsis Inc. now owns 562,327 shares of the technology company’s stock worth $187,339,000 after acquiring an additional 505,088 shares in the last quarter. Jennison Associates LLC increased its stake in CyberArk Software by 32.3% in the fourth quarter. Jennison Associates LLC now owns 1,603,744 shares of the technology company’s stock valued at $534,287,000 after purchasing an additional 391,900 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in CyberArk Software by 195.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 508,355 shares of the technology company’s stock worth $170,614,000 after purchasing an additional 336,462 shares in the last quarter. Swedbank AB lifted its position in shares of CyberArk Software by 19.0% during the 4th quarter. Swedbank AB now owns 545,100 shares of the technology company’s stock worth $181,600,000 after buying an additional 87,201 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of CyberArk Software by 138.8% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 143,252 shares of the technology company’s stock valued at $47,724,000 after buying an additional 83,252 shares in the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.

CyberArk Software Stock Down 0.2 %

Shares of NASDAQ CYBR opened at $351.00 on Tuesday. The stock has a market capitalization of $17.35 billion, a price-to-earnings ratio of -180.00 and a beta of 1.06. CyberArk Software Ltd. has a 52 week low of $223.41 and a 52 week high of $421.00. The firm has a 50-day moving average price of $364.42 and a 200 day moving average price of $324.32.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. Equities research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Scotiabank boosted their price target on shares of CyberArk Software from $340.00 to $400.00 and gave the company a “sector outperform” rating in a research report on Tuesday, January 21st. Mizuho boosted their target price on CyberArk Software from $345.00 to $365.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Oppenheimer raised their price target on CyberArk Software from $360.00 to $420.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. DA Davidson reiterated a “buy” rating and issued a $475.00 price objective on shares of CyberArk Software in a research note on Tuesday, February 25th. Finally, JMP Securities raised their target price on shares of CyberArk Software from $390.00 to $480.00 and gave the stock a “market outperform” rating in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $418.15.

CyberArk Software 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.