Moody Lynn & Lieberson LLC Raises Stock Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Moody Lynn & Lieberson LLC boosted its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 18.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 934 shares of the technology company’s stock after buying an additional 146 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in CyberArk Software were worth $311,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in shares of CyberArk Software by 506.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,565 shares of the technology company’s stock worth $1,795,000 after purchasing an additional 5,483 shares during the period. Ensign Peak Advisors Inc purchased a new position in shares of CyberArk Software during the second quarter worth $711,000. Toronto Dominion Bank acquired a new stake in shares of CyberArk Software in the second quarter valued at $164,000. APG Asset Management N.V. raised its holdings in shares of CyberArk Software by 8.1% in the 2nd quarter. APG Asset Management N.V. now owns 28,311 shares of the technology company’s stock valued at $7,223,000 after buying an additional 2,116 shares during the period. Finally, MBB Public Markets I LLC acquired a new position in CyberArk Software during the 2nd quarter worth about $801,000. 91.84% of the stock is currently owned by institutional investors and hedge funds.

CyberArk Software Stock Performance

Shares of CYBR stock opened at $359.72 on Friday. CyberArk Software Ltd. has a 1 year low of $223.09 and a 1 year high of $366.48. The firm has a market cap of $15.67 billion, a price-to-earnings ratio of 1,332.35 and a beta of 1.13. The stock’s 50-day moving average is $329.93 and its two-hundred day moving average is $295.88.

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CYBR shares. Mizuho lifted their target price on CyberArk Software from $345.00 to $365.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Susquehanna lifted their price objective on shares of CyberArk Software from $320.00 to $345.00 and gave the company a “positive” rating in a report on Thursday, November 14th. Stifel Nicolaus increased their target price on shares of CyberArk Software from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. BTIG Research boosted their price target on shares of CyberArk Software from $310.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Finally, Oppenheimer increased their price objective on CyberArk Software from $310.00 to $360.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat.com, CyberArk Software has a consensus rating of “Moderate Buy” and a consensus target price of $358.74.

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.