Atria Investments Inc Sells 267 Shares of CyberArk Software Ltd. (NASDAQ:CYBR)

Atria Investments Inc decreased its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,458 shares of the technology company’s stock after selling 267 shares during the quarter. Atria Investments Inc’s holdings in CyberArk Software were worth $1,152,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. lifted its position in CyberArk Software by 112.6% during the fourth quarter. Assetmark Inc. now owns 287 shares of the technology company’s stock worth $96,000 after purchasing an additional 152 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of CyberArk Software by 3.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 30,738 shares of the technology company’s stock worth $10,240,000 after acquiring an additional 1,138 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of CyberArk Software by 54.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 198 shares of the technology company’s stock worth $66,000 after acquiring an additional 70 shares during the last quarter. NBW Capital LLC lifted its holdings in shares of CyberArk Software by 66.9% in the fourth quarter. NBW Capital LLC now owns 14,920 shares of the technology company’s stock worth $4,971,000 after acquiring an additional 5,980 shares during the last quarter. Finally, LGT Fund Management Co Ltd. lifted its holdings in shares of CyberArk Software by 42.4% in the fourth quarter. LGT Fund Management Co Ltd. now owns 17,321 shares of the technology company’s stock worth $5,770,000 after acquiring an additional 5,155 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of CyberArk Software from $375.00 to $431.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Robert W. Baird increased their target price on shares of CyberArk Software from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Tuesday, February 25th. Oppenheimer increased their target price on shares of CyberArk Software from $360.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Citigroup raised their price objective on shares of CyberArk Software from $410.00 to $450.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Finally, Wells Fargo & Company raised their price objective on shares of CyberArk Software from $425.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $418.15.

CyberArk Software Stock Up 5.8 %

Shares of CYBR stock opened at $330.95 on Wednesday. The company has a market cap of $14.42 billion, a price-to-earnings ratio of -169.72 and a beta of 1.06. CyberArk Software Ltd. has a 52 week low of $223.41 and a 52 week high of $421.00. The firm has a 50 day moving average of $364.01 and a 200-day moving average of $320.38.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.71 by ($0.85). CyberArk Software had a positive return on equity of 0.45% and a negative net margin of 9.34%. Analysts anticipate that CyberArk Software Ltd. will post -0.47 earnings per share for the current year.

About CyberArk Software

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.