Baillie Gifford & Co. Has $29.57 Million Stock Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Baillie Gifford & Co. increased its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 0.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 101,398 shares of the technology company’s stock after buying an additional 407 shares during the quarter. Baillie Gifford & Co. owned about 0.23% of CyberArk Software worth $29,569,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CYBR. Russell Investments Group Ltd. lifted its holdings in shares of CyberArk Software by 58.3% in the 1st quarter. Russell Investments Group Ltd. now owns 33,255 shares of the technology company’s stock worth $8,830,000 after purchasing an additional 12,242 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of CyberArk Software in the first quarter valued at $2,741,000. Price T Rowe Associates Inc. MD increased its holdings in CyberArk Software by 715.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,262 shares of the technology company’s stock worth $14,946,000 after purchasing an additional 49,360 shares in the last quarter. Ensign Peak Advisors Inc purchased a new stake in shares of CyberArk Software in the second quarter worth approximately $711,000. Finally, 1832 Asset Management L.P. lifted its holdings in shares of CyberArk Software by 1,291.7% in the first quarter. 1832 Asset Management L.P. now owns 386,365 shares of the technology company’s stock valued at $102,630,000 after purchasing an additional 358,602 shares in the last quarter. Institutional investors own 91.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CYBR shares. Cantor Fitzgerald upped their price target on CyberArk Software from $300.00 to $335.00 and gave the stock an “overweight” rating in a report on Tuesday, October 29th. Barclays raised their price target on shares of CyberArk Software from $315.00 to $330.00 and gave the company an “overweight” rating in a research report on Monday, October 7th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $310.00 price objective on shares of CyberArk Software in a research report on Tuesday, August 6th. Susquehanna increased their price objective on shares of CyberArk Software from $310.00 to $320.00 and gave the company a “positive” rating in a research note on Friday, August 9th. Finally, Jefferies Financial Group boosted their target price on CyberArk Software from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Tuesday, September 24th. One analyst has rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $311.44.

CyberArk Software Trading Up 2.1 %

Shares of NASDAQ:CYBR opened at $300.76 on Wednesday. CyberArk Software Ltd. has a 12 month low of $181.11 and a 12 month high of $308.63. The stock has a market cap of $13.10 billion, a P/E ratio of -939.88 and a beta of 1.13. The company has a 50 day moving average of $282.91 and a 200 day moving average of $265.83.

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.