George Kaiser Family Foundation Sells 1,128 Shares of CyberArk Software Ltd. $CYBR

George Kaiser Family Foundation trimmed its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 13.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 7,426 shares of the technology company’s stock after selling 1,128 shares during the quarter. CyberArk Software comprises about 0.4% of George Kaiser Family Foundation’s holdings, making the stock its 14th biggest holding. George Kaiser Family Foundation’s holdings in CyberArk Software were worth $3,021,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CYBR. Prudential PLC grew its holdings in shares of CyberArk Software by 2.4% during 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. MAI Capital Management lifted its position in CyberArk Software by 1.1% in the 1st quarter. MAI Capital Management now owns 2,756 shares of the technology company’s stock valued at $932,000 after acquiring an additional 31 shares in the last quarter. NewSquare Capital LLC boosted its stake in CyberArk Software by 78.0% during 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. Allworth Financial LP increased its holdings in shares of CyberArk Software by 7.4% in the 2nd quarter. Allworth Financial LP now owns 579 shares of the technology company’s stock worth $236,000 after purchasing an additional 40 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of CyberArk Software by 1.7% in the first quarter. EverSource Wealth Advisors LLC now owns 2,549 shares of the technology company’s stock worth $862,000 after purchasing an additional 42 shares during the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CYBR has been the topic of several recent analyst 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 shares of CyberArk Software in a research note on Saturday, November 1st. They set a “sell (d-)” rating on the stock. Zacks Research upgraded shares of CyberArk Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Jefferies Financial Group cut shares of CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 30th. Finally, Citigroup cut shares of CyberArk Software from a “buy” rating to a “hold” rating and raised their target price for the stock from $465.00 to $524.00 in a report on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $459.75.

CyberArk Software Stock Performance

CYBR opened at $462.86 on Friday. The company’s 50 day moving average is $487.32 and its 200 day moving average is $444.31. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.52. The company has a market cap of $23.37 billion, a price-to-earnings ratio of -100.40, a PEG ratio of 24.74 and a beta of 0.99. 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 earnings results on Thursday, November 6th. The technology company reported $1.20 EPS 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 analysts’ expectations of $328.52 million. CyberArk Software had a negative net margin of 17.42% and a negative return on equity of 0.07%. The firm’s revenue was up 42.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 earnings per share. On average, equities research analysts predict that CyberArk Software Ltd. will post -0.47 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.