Fulton Bank N.A. Purchases 90 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Fulton Bank N.A. increased its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,994 shares of the technology company’s stock after purchasing an additional 90 shares during the quarter. Fulton Bank N.A.’s holdings in CyberArk Software were worth $664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Jennison Associates LLC grew its position in shares of CyberArk Software by 0.8% in the 3rd quarter. Jennison Associates LLC now owns 1,211,844 shares of the technology company’s stock worth $353,386,000 after buying an additional 9,570 shares during the last quarter. Groupama Asset Managment lifted its stake in CyberArk Software by 0.5% in the third quarter. Groupama Asset Managment now owns 1,042,767 shares of the technology company’s stock worth $304,000 after acquiring an additional 5,402 shares during the period. RGM Capital LLC boosted its holdings in CyberArk Software by 2.1% in the second quarter. RGM Capital LLC now owns 814,129 shares of the technology company’s stock valued at $222,599,000 after acquiring an additional 16,530 shares in the last quarter. Whale Rock Capital Management LLC increased its position in CyberArk Software by 3.3% during the 3rd quarter. Whale Rock Capital Management LLC now owns 460,964 shares of the technology company’s stock valued at $134,422,000 after purchasing an additional 14,927 shares during the period. Finally, Swedbank AB raised its holdings in CyberArk Software by 11.1% in the 3rd quarter. Swedbank AB now owns 457,899 shares of the technology company’s stock worth $133,528,000 after purchasing an additional 45,799 shares in the last quarter. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CYBR shares. KeyCorp boosted their price target on shares of CyberArk Software from $340.00 to $355.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Mizuho upped their target price on CyberArk Software from $345.00 to $365.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Wells Fargo & Company raised their target price on CyberArk Software from $350.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, January 2nd. StockNews.com raised CyberArk Software from a “hold” rating to a “buy” rating in a research note on Monday, December 9th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $335.00 target price on shares of CyberArk Software in a report on Thursday, November 14th. One investment analyst has rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $350.22.

CyberArk Software Stock Up 0.2 %

Shares of CyberArk Software stock opened at $344.55 on Friday. CyberArk Software Ltd. has a twelve month low of $213.37 and a twelve month high of $348.29. The company’s 50 day moving average is $316.84 and its 200 day moving average is $289.43. The company has a market cap of $15.01 billion, a price-to-earnings ratio of 1,276.16 and a beta of 1.13.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings results on Wednesday, November 13th. The technology company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.48. The firm had revenue of $240.10 million for the quarter, compared to analysts’ expectations of $234.10 million. CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. The company’s revenue was up 25.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.31) EPS. Sell-side analysts expect that CyberArk Software Ltd. will post -0.58 EPS for the current fiscal year.

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.