CyberArk Software Ltd. (NASDAQ:CYBR) Shares Bought by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lifted its position in shares of CyberArk Software Ltd. (NASDAQ:CYBRFree Report) by 24.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,829 shares of the technology company’s stock after buying an additional 357 shares during the quarter. Foundations Investment Advisors LLC’s holdings in CyberArk Software were worth $432,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC grew its holdings in CyberArk Software by 63.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 7,766 shares of the technology company’s stock valued at $1,701,000 after purchasing an additional 3,014 shares during the period. Vanguard Personalized Indexing Management LLC grew its stake in shares of CyberArk Software by 16.4% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 1,876 shares of the technology company’s stock valued at $411,000 after buying an additional 264 shares during the period. Trivest Advisors Ltd acquired a new stake in shares of CyberArk Software during the 4th quarter worth $28,861,000. Principal Securities Inc. acquired a new stake in shares of CyberArk Software during the 4th quarter worth $100,000. Finally, Picton Mahoney Asset Management raised its position in shares of CyberArk Software by 2.9% in the 4th quarter. Picton Mahoney Asset Management now owns 90,441 shares of the technology company’s stock worth $19,810,000 after buying an additional 2,547 shares during the period. Institutional investors and hedge funds own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CYBR. Mizuho boosted their price objective on shares of CyberArk Software from $250.00 to $310.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Rosenblatt Securities restated a “buy” rating and set a $310.00 price objective on shares of CyberArk Software in a research note on Wednesday, May 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $310.00 target price on shares of CyberArk Software in a research report on Friday, May 3rd. JMP Securities reissued a “market outperform” rating and set a $280.00 price target on shares of CyberArk Software in a research report on Tuesday, May 14th. Finally, Susquehanna upped their price target on shares of CyberArk Software from $255.00 to $310.00 and gave the company a “positive” rating in a report on Friday, February 9th. Two equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $265.63.

Check Out Our Latest Research Report on CYBR

CyberArk Software Price Performance

Shares of CYBR opened at $246.33 on Friday. CyberArk Software Ltd. has a 1 year low of $142.37 and a 1 year high of $283.00. The firm has a fifty day moving average of $249.84 and a 200-day moving average of $231.09.

About CyberArk Software

(Free Report)

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.

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

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