First Hawaiian Bank Has $843,000 Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

First Hawaiian Bank raised its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 8.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,082 shares of the technology company’s stock after purchasing an additional 245 shares during the quarter. First Hawaiian Bank’s holdings in CyberArk Software were worth $843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Montag A & Associates Inc. purchased a new stake in CyberArk Software during the first quarter valued at $27,000. Blue Bell Private Wealth Management LLC bought a new position in CyberArk Software in the first quarter worth about $34,000. Arcadia Investment Management Corp MI acquired a new stake in CyberArk Software in the 1st quarter worth approximately $34,000. FinTrust Capital Advisors LLC acquired a new position in CyberArk Software during the fourth quarter valued at $34,000. Finally, Central Bank & Trust Co. acquired a new position in shares of CyberArk Software in the first quarter worth about $53,000. Institutional investors own 91.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CYBR shares. Barclays raised their target price on CyberArk Software from $280.00 to $315.00 and gave the stock an “overweight” rating in a research note on Thursday, July 11th. Rosenblatt Securities restated a “buy” rating and issued a $310.00 price objective on shares of CyberArk Software in a research report 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 note on Monday, May 20th. JMP Securities restated a “market outperform” rating and set a $310.00 price objective on shares of CyberArk Software in a report on Monday, June 17th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 price target on shares of CyberArk Software in a report on Monday, July 22nd. Two analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $280.63.

CyberArk Software Trading Down 2.2 %

Shares of CYBR traded down $5.52 during midday trading on Monday, reaching $241.52. 698,532 shares of the stock were exchanged, compared to its average volume of 546,675. CyberArk Software Ltd. has a 52 week low of $142.92 and a 52 week high of $284.10. The company’s 50 day moving average is $256.60 and its two-hundred day moving average is $252.18. The company has a market capitalization of $10.21 billion, a P/E ratio of -380.81 and a beta of 1.14.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings data on Thursday, May 2nd. The technology company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.51) by $0.67. CyberArk Software had a negative net margin of 3.20% and a negative return on equity of 2.51%. The business had revenue of $221.55 million during the quarter, compared to the consensus estimate of $213.42 million. On average, sell-side analysts expect that CyberArk Software Ltd. will post -1.24 EPS for the current year.

CyberArk Software 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.