Stephens Investment Management Group LLC Has $43.12 Million Stock Position in Cyberark Software Ltd (NASDAQ:CYBR)

Stephens Investment Management Group LLC lowered its stake in Cyberark Software Ltd (NASDAQ:CYBR) by 9.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 337,264 shares of the technology company’s stock after selling 36,376 shares during the period. Stephens Investment Management Group LLC owned approximately 0.89% of Cyberark Software worth $43,116,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new position in Cyberark Software in the 2nd quarter valued at about $26,000. Advisory Services Network LLC grew its stake in Cyberark Software by 2,490.0% in the 1st quarter. Advisory Services Network LLC now owns 259 shares of the technology company’s stock valued at $31,000 after buying an additional 249 shares during the last quarter. NEXT Financial Group Inc grew its stake in Cyberark Software by 59.5% in the 2nd quarter. NEXT Financial Group Inc now owns 319 shares of the technology company’s stock valued at $41,000 after buying an additional 119 shares during the last quarter. Global Retirement Partners LLC grew its stake in Cyberark Software by 100.0% in the 1st quarter. Global Retirement Partners LLC now owns 400 shares of the technology company’s stock valued at $48,000 after buying an additional 200 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in Cyberark Software by 910.0% in the 1st quarter. Valeo Financial Advisors LLC now owns 505 shares of the technology company’s stock valued at $60,000 after buying an additional 455 shares during the last quarter. Institutional investors and hedge funds own 71.29% of the company’s stock.

Shares of Cyberark Software stock traded down $0.89 on Thursday, reaching $113.52. 19,876 shares of the stock were exchanged, compared to its average volume of 963,813. The firm’s 50 day simple moving average is $132.05. Cyberark Software Ltd has a one year low of $64.66 and a one year high of $148.74. The stock has a market cap of $4.47 billion, a price-to-earnings ratio of 79.08, a PEG ratio of 5.83 and a beta of 1.58.

Cyberark Software (NASDAQ:CYBR) last issued its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.34. Cyberark Software had a net margin of 15.23% and a return on equity of 13.47%. The company had revenue of $100.18 million during the quarter, compared to the consensus estimate of $97.35 million. During the same quarter in the prior year, the firm posted $0.36 EPS. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. As a group, research analysts anticipate that Cyberark Software Ltd will post 1.29 EPS for the current year.

A number of research analysts have issued reports on the stock. BidaskClub lowered shares of Cyberark Software from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Bank of America increased their target price on shares of Cyberark Software from $116.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. JPMorgan Chase & Co. set a $160.00 target price on shares of Cyberark Software and gave the stock an “overweight” rating in a research report on Wednesday, August 7th. ValuEngine lowered shares of Cyberark Software from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 1st. Finally, JMP Securities restated an “outperform” rating and set a $135.00 target price (up previously from $130.00) on shares of Cyberark Software in a research report on Tuesday, May 14th. Four analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $123.50.

Cyberark Software Company Profile

CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.

Featured Story: How to read a candlestick chart

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

Receive News & Ratings for Cyberark Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cyberark Software and related companies with MarketBeat.com's FREE daily email newsletter.