Moors & Cabot Inc. Purchases Shares of 1,894 Cyberark Software Ltd (CYBR)

Moors & Cabot Inc. purchased a new position in shares of Cyberark Software Ltd (NASDAQ:CYBR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,894 shares of the technology company’s stock, valued at approximately $226,000.

A number of other institutional investors also recently added to or reduced their stakes in CYBR. Cerebellum GP LLC acquired a new position in Cyberark Software during the 4th quarter worth approximately $41,000. Optimum Investment Advisors acquired a new position in Cyberark Software during the 4th quarter worth approximately $44,000. Quantamental Technologies LLC acquired a new position in Cyberark Software during the 4th quarter worth approximately $59,000. Valeo Financial Advisors LLC lifted its position in Cyberark Software by 910.0% during the 1st quarter. Valeo Financial Advisors LLC now owns 505 shares of the technology company’s stock worth $60,000 after acquiring an additional 455 shares in the last quarter. Finally, Duncker Streett & Co. Inc. acquired a new position in Cyberark Software during the 1st quarter worth approximately $60,000. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

CYBR stock opened at $123.00 on Wednesday. Cyberark Software Ltd has a 52-week low of $57.77 and a 52-week high of $133.49. The company has a market cap of $4.47 billion, a price-to-earnings ratio of 86.01, a price-to-earnings-growth ratio of 5.33 and a beta of 1.87.



Cyberark Software (NASDAQ:CYBR) last posted its quarterly earnings data on Tuesday, May 14th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.15. Cyberark Software had a return on equity of 12.24% and a net margin of 13.72%. The company had revenue of $95.94 million for the quarter, compared to the consensus estimate of $92.42 million. During the same period in the previous year, the business earned $0.32 EPS. Cyberark Software’s revenue for the quarter was up 33.7% compared to the same quarter last year. As a group, equities analysts anticipate that Cyberark Software Ltd will post 1.11 earnings per share for the current fiscal year.

Several equities analysts recently commented on CYBR shares. Morgan Stanley set a $126.00 price target on Cyberark Software and gave the stock a “buy” rating in a research report on Friday, February 15th. Wedbush boosted their price target on Cyberark Software from $95.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, February 15th. Barclays boosted their price target on Cyberark Software from $112.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Friday, April 12th. UBS Group lowered Cyberark Software from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $119.00 to $132.00 in a research report on Thursday, April 25th. Finally, FBN Securities started coverage on Cyberark Software in a research report on Tuesday, March 19th. They set an “outperform” rating and a $130.00 price target on the stock. Five analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. Cyberark Software has an average rating of “Buy” and a consensus price target of $104.05.

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Cyberark Software Company Profile

CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.

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Institutional Ownership by Quarter for Cyberark Software (NASDAQ:CYBR)

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