Natixis Advisors LLC Boosts Stock Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Natixis Advisors LLC lifted its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,912 shares of the technology company’s stock after acquiring an additional 3,759 shares during the quarter. Natixis Advisors LLC’s holdings in CyberArk Software were worth $21,625,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of CYBR. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CyberArk Software during the fourth quarter worth $25,000. Assetmark Inc. increased its position in shares of CyberArk Software by 1,025.0% during the third quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock worth $39,000 after acquiring an additional 123 shares during the period. Plato Investment Management Ltd purchased a new stake in shares of CyberArk Software during the fourth quarter worth $39,000. Montag A & Associates Inc. increased its position in shares of CyberArk Software by 47.2% during the fourth quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after acquiring an additional 42 shares during the period. Finally, Brown Lisle Cummings Inc. purchased a new position in CyberArk Software in the fourth quarter valued at $50,000. Hedge funds and other institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Performance

Shares of CYBR opened at $346.44 on Tuesday. The company has a market capitalization of $17.12 billion, a price-to-earnings ratio of -177.66 and a beta of 1.06. CyberArk Software Ltd. has a fifty-two week low of $223.41 and a fifty-two week high of $421.00. The firm has a 50-day simple moving average of $363.86 and a 200-day simple moving average of $321.91.

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 analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. Equities research analysts forecast that CyberArk Software Ltd. will post -0.47 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on CYBR shares. Stifel Nicolaus increased their target price on CyberArk Software from $370.00 to $444.00 and gave the company a “buy” rating in a report on Friday, February 14th. Piper Sandler increased their target price on CyberArk Software from $380.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. KeyCorp increased their target price on CyberArk Software from $400.00 to $485.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Cantor Fitzgerald reissued an “overweight” rating and issued a $415.00 target price on shares of CyberArk Software in a report on Monday, January 27th. Finally, Wells Fargo & Company increased their target price on CyberArk Software from $425.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $418.15.

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.