Venturi Wealth Management LLC Buys 52 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Venturi Wealth Management LLC raised its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 6.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 805 shares of the technology company’s stock after purchasing an additional 52 shares during the quarter. Venturi Wealth Management LLC’s holdings in CyberArk Software were worth $268,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Jennison Associates LLC raised its holdings in CyberArk Software by 32.3% during the 4th quarter. Jennison Associates LLC now owns 1,603,744 shares of the technology company’s stock valued at $534,287,000 after buying an additional 391,900 shares during the last quarter. Groupama Asset Managment boosted its holdings in shares of CyberArk Software by 0.5% during the third quarter. Groupama Asset Managment now owns 1,042,767 shares of the technology company’s stock worth $304,000 after purchasing an additional 5,402 shares during the period. Nepsis Inc. grew its stake in shares of CyberArk Software by 882.4% in the fourth quarter. Nepsis Inc. now owns 562,327 shares of the technology company’s stock worth $187,339,000 after purchasing an additional 505,088 shares during the last quarter. Swedbank AB raised its position in CyberArk Software by 19.0% during the 4th quarter. Swedbank AB now owns 545,100 shares of the technology company’s stock valued at $181,600,000 after purchasing an additional 87,201 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in shares of CyberArk Software by 195.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 508,355 shares of the technology company’s stock worth $170,614,000 after buying an additional 336,462 shares during the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

CyberArk Software Trading Down 2.0 %

Shares of CYBR opened at $400.97 on Friday. The firm has a fifty day simple moving average of $355.03 and a two-hundred day simple moving average of $312.10. The firm has a market cap of $17.47 billion, a PE ratio of -205.63 and a beta of 1.15. CyberArk Software Ltd. has a 1-year low of $223.09 and a 1-year high of $421.00.

CyberArk Software (NASDAQ:CYBR) last posted its earnings results 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 negative net margin of 9.34% and a positive return on equity of 0.45%. As a group, research analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CYBR. Susquehanna upped their target price on CyberArk Software from $320.00 to $345.00 and gave the company a “positive” rating in a report on Thursday, November 14th. Rosenblatt Securities raised their target price on shares of CyberArk Software from $415.00 to $445.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Stifel Nicolaus boosted their price target on shares of CyberArk Software from $370.00 to $444.00 and gave the company a “buy” rating in a research report on Friday, February 14th. StockNews.com downgraded shares of CyberArk Software from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Oppenheimer upped their target price on CyberArk Software from $360.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat.com, CyberArk Software presently has an average rating of “Moderate Buy” and an average target price of $401.67.

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.