Fjarde AP Fonden Fourth Swedish National Pension Fund Has $4.74 Million Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 28.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,235 shares of the technology company’s stock after acquiring an additional 3,188 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in CyberArk Software were worth $4,742,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CYBR. Coldstream Capital Management Inc. boosted its stake in shares of CyberArk Software by 3.5% during the third quarter. Coldstream Capital Management Inc. now owns 1,230 shares of the technology company’s stock valued at $359,000 after purchasing an additional 42 shares in the last quarter. Montag A & Associates Inc. boosted its position in CyberArk Software by 47.2% during the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after buying an additional 42 shares during the period. Austin Private Wealth LLC grew its holdings in CyberArk Software by 6.8% during the 3rd quarter. Austin Private Wealth LLC now owns 815 shares of the technology company’s stock worth $238,000 after acquiring an additional 52 shares during the last quarter. Venturi Wealth Management LLC increased its position in CyberArk Software by 6.9% in the 4th quarter. Venturi Wealth Management LLC now owns 805 shares of the technology company’s stock valued at $268,000 after acquiring an additional 52 shares during the period. Finally, IHT Wealth Management LLC raised its stake in shares of CyberArk Software by 1.8% during the third quarter. IHT Wealth Management LLC now owns 3,539 shares of the technology company’s stock valued at $1,031,000 after acquiring an additional 61 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CYBR. Stifel Nicolaus increased their price objective on CyberArk Software from $370.00 to $444.00 and gave the company a “buy” rating in a report on Friday, February 14th. Robert W. Baird raised their price objective on CyberArk Software from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Tuesday. Scotiabank lifted their price objective on CyberArk Software from $340.00 to $400.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, January 21st. Wells Fargo & Company increased their target price on shares of CyberArk Software from $425.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, Susquehanna boosted their price target on shares of CyberArk Software from $320.00 to $345.00 and gave the stock a “positive” rating in a research report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $414.07.

CyberArk Software Trading Down 1.2 %

NASDAQ CYBR opened at $370.18 on Wednesday. The company has a fifty day simple moving average of $357.54 and a 200 day simple moving average of $314.85. CyberArk Software Ltd. has a 12-month low of $223.41 and a 12-month high of $421.00. The company has a market cap of $16.13 billion, a P/E ratio of -189.84 and a beta of 1.15.

CyberArk Software (NASDAQ:CYBR) last posted its earnings results 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%. Sell-side analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current year.

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.