800 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Acquired by Central Asset Investments & Management Holdings HK Ltd

Central Asset Investments & Management Holdings HK Ltd acquired a new stake in CyberArk Software Ltd. (NASDAQ:CYBR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 800 shares of the technology company’s stock, valued at approximately $267,000.

Several other large investors have also modified their holdings of the company. Assenagon Asset Management S.A. increased its holdings in shares of CyberArk Software by 40.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,363 shares of the technology company’s stock valued at $689,000 after acquiring an additional 681 shares during the period. First Trust Direct Indexing L.P. acquired a new position in CyberArk Software in the third quarter valued at $383,000. Pinnacle Associates Ltd. increased its stake in CyberArk Software by 6.9% in the third quarter. Pinnacle Associates Ltd. now owns 1,550 shares of the technology company’s stock valued at $452,000 after purchasing an additional 100 shares during the period. Diversify Wealth Management LLC raised its holdings in shares of CyberArk Software by 11.8% in the third quarter. Diversify Wealth Management LLC now owns 2,230 shares of the technology company’s stock valued at $644,000 after buying an additional 236 shares during the last quarter. Finally, Financial Advocates Investment Management boosted its stake in shares of CyberArk Software by 7.0% during the third quarter. Financial Advocates Investment Management now owns 1,404 shares of the technology company’s stock worth $409,000 after buying an additional 92 shares during the period. 91.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on CYBR shares. Mizuho boosted their price target on CyberArk Software from $345.00 to $365.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Piper Sandler increased their price target on CyberArk Software from $380.00 to $440.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Oppenheimer boosted their price objective on shares of CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. StockNews.com cut shares of CyberArk Software from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Finally, Needham & Company LLC reiterated a “buy” rating and set a $480.00 price target on shares of CyberArk Software in a research note on Wednesday. Two analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $416.67.

CyberArk Software Price Performance

Shares of CyberArk Software stock opened at $364.18 on Thursday. CyberArk Software Ltd. has a 1 year low of $223.41 and a 1 year high of $421.00. The business has a 50 day moving average price of $358.58 and a 200 day moving average price of $315.53. The company has a market capitalization of $15.87 billion, a P/E ratio of -186.76 and a beta of 1.15.

CyberArk Software (NASDAQ:CYBR) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates 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%. As a group, research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal 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.