4,700 Shares in Cyberark Software Ltd (CYBR) Acquired by Starfire Investment Advisers Inc.

Starfire Investment Advisers Inc. purchased a new position in Cyberark Software Ltd (NASDAQ:CYBR) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,700 shares of the technology company’s stock, valued at approximately $559,000.

A number of other institutional investors have also bought and sold shares of CYBR. Cavalier Investments LLC bought a new stake in shares of Cyberark Software during the 4th quarter valued at $249,000. Davis R M Inc. lifted its holdings in Cyberark Software by 3.9% during the 4th quarter. Davis R M Inc. now owns 237,266 shares of the technology company’s stock valued at $17,591,000 after buying an additional 8,807 shares in the last quarter. Raymond James & Associates lifted its holdings in Cyberark Software by 50.8% during the 4th quarter. Raymond James & Associates now owns 21,266 shares of the technology company’s stock valued at $1,577,000 after buying an additional 7,164 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Cyberark Software in the 4th quarter valued at about $1,051,000. Finally, Pratt Collard Advisory Partners LLC raised its holdings in shares of Cyberark Software by 73.3% in the 1st quarter. Pratt Collard Advisory Partners LLC now owns 5,200 shares of the technology company’s stock valued at $619,000 after purchasing an additional 2,200 shares in the last quarter. 81.14% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ CYBR opened at $125.74 on Friday. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 87.93, a P/E/G ratio of 5.57 and a beta of 1.87. Cyberark Software Ltd has a one year low of $57.70 and a one year high of $129.93.

Cyberark Software (NASDAQ:CYBR) last released its quarterly earnings results on Thursday, February 14th. The technology company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.30. Cyberark Software had a return on equity of 12.24% and a net margin of 13.72%. The business had revenue of $109.10 million during the quarter, compared to the consensus estimate of $95.94 million. During the same quarter in the previous year, the company posted $0.41 EPS. The business’s revenue was up 35.7% on a year-over-year basis. As a group, sell-side analysts predict that Cyberark Software Ltd will post 1.11 earnings per share for the current fiscal year.

CYBR has been the subject of several recent research reports. Morgan Stanley set a $126.00 price target on shares of Cyberark Software and gave the company a “buy” rating in a report on Friday, February 15th. Evercore ISI reiterated a “buy” rating and set a $96.00 price objective on shares of Cyberark Software in a research note on Wednesday, February 13th. BidaskClub raised shares of Cyberark Software from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 1st. Bank of America upped their price objective on shares of Cyberark Software from $116.00 to $145.00 and gave the company a “buy” rating in a report on Monday, May 6th. Finally, FBN Securities started coverage on shares of Cyberark Software in a research note on Tuesday, March 19th. They issued an “outperform” rating and a $130.00 target price for the company. Five analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $102.42.

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Cyberark Software Company Profile

CyberArk Software Ltd. develops, markets, and sells software-based security solutions that protect organizations from cyber attacks in the United States and internationally. The company offers privileged account security solution to secure, manage, and monitor account access and activities. Its privileged account security solution consists of Enterprise Password Vault that prevents user passwords and SSH keys; Privileged Session Manager that protects windows based systems, databases, virtual machines, network devices, Web sites, and SaaS applications; and Privileged Threat Analytics that enables to detect, alert, and respond to anomalous privileged activity.

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Institutional Ownership by Quarter for Cyberark Software (NASDAQ:CYBR)

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