VisionPoint Advisory Group LLC Buys 1,057 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

VisionPoint Advisory Group LLC lifted its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 18.8% in the 4th quarter, Holdings Channel reports. The fund owned 6,673 shares of the technology company’s stock after acquiring an additional 1,057 shares during the quarter. VisionPoint Advisory Group LLC’s holdings in CyberArk Software were worth $2,240,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CYBR. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of CyberArk Software during the fourth quarter worth $25,000. Assetmark Inc. boosted its holdings in CyberArk Software by 1,025.0% during the third quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock worth $39,000 after purchasing an additional 123 shares during the last quarter. Montag A & Associates Inc. boosted its holdings in CyberArk Software by 47.2% during the fourth 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. Brown Lisle Cummings Inc. acquired a new position in CyberArk Software during the fourth quarter worth $50,000. Finally, Transcendent Capital Group LLC acquired a new position in CyberArk Software during the third quarter worth $51,000. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Down 2.0 %

NASDAQ:CYBR opened at $400.97 on Friday. CyberArk Software Ltd. has a 52 week low of $223.09 and a 52 week high of $421.00. The firm’s 50-day simple moving average is $355.03 and its 200 day simple moving average is $312.10.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on CYBR shares. UBS Group increased their target price on shares of CyberArk Software from $340.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Oppenheimer increased their target price on shares of CyberArk Software from $360.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Barclays increased their target price on shares of CyberArk Software from $375.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. DA Davidson increased their price target on shares of CyberArk Software from $360.00 to $390.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Finally, JPMorgan Chase & Co. increased their price target on shares of CyberArk Software from $375.00 to $431.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Two investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $401.67.

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.