Jane Street Group LLC Boosts Stake in Cyberark Software Ltd (CYBR)

Jane Street Group LLC raised its stake in shares of Cyberark Software Ltd (NASDAQ:CYBR) by 215.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 13,238 shares of the technology company’s stock after purchasing an additional 9,038 shares during the quarter. Jane Street Group LLC’s holdings in Cyberark Software were worth $833,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Macquarie Group Ltd. increased its holdings in shares of Cyberark Software by 5.5% during the 2nd quarter. Macquarie Group Ltd. now owns 33,929 shares of the technology company’s stock worth $2,136,000 after purchasing an additional 1,760 shares during the period. Carleon Capital Partners LLC increased its holdings in shares of Cyberark Software by 15.5% during the 1st quarter. Carleon Capital Partners LLC now owns 16,090 shares of the technology company’s stock worth $821,000 after purchasing an additional 2,160 shares during the period. Asset Management One Co. Ltd. increased its holdings in shares of Cyberark Software by 43.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 7,260 shares of the technology company’s stock worth $370,000 after purchasing an additional 2,190 shares during the period. Stanley Laman Group Ltd. increased its holdings in shares of Cyberark Software by 8.6% during the 2nd quarter. Stanley Laman Group Ltd. now owns 34,871 shares of the technology company’s stock worth $2,195,000 after purchasing an additional 2,775 shares during the period. Finally, Swiss National Bank increased its holdings in shares of Cyberark Software by 5.2% during the 2nd quarter. Swiss National Bank now owns 60,500 shares of the technology company’s stock worth $3,809,000 after purchasing an additional 3,000 shares during the period. Institutional investors own 76.90% of the company’s stock.

NASDAQ CYBR opened at $74.22 on Monday. The stock has a market capitalization of $2.84 billion, a P/E ratio of 101.67, a price-to-earnings-growth ratio of 5.30 and a beta of 2.06. Cyberark Software Ltd has a twelve month low of $40.63 and a twelve month high of $81.24.

Cyberark Software (NASDAQ:CYBR) last posted its earnings results on Tuesday, August 7th. The technology company reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.12. The business had revenue of $77.71 million for the quarter, compared to analysts’ expectations of $72.93 million. Cyberark Software had a net margin of 6.80% and a return on equity of 7.67%. On average, equities analysts expect that Cyberark Software Ltd will post 0.76 EPS for the current year.

CYBR has been the topic of several research reports. Morgan Stanley upgraded shares of Cyberark Software from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $71.00 to $92.00 in a report on Thursday, September 27th. BidaskClub downgraded shares of Cyberark Software from a “buy” rating to a “hold” rating in a report on Tuesday, September 25th. Stifel Nicolaus reissued a “buy” rating and issued a $70.00 target price on shares of Cyberark Software in a research note on Thursday, August 9th. Zacks Investment Research cut shares of Cyberark Software from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. Finally, Oppenheimer upped their target price on shares of Cyberark Software from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Wednesday, August 8th. Six research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $73.25.

Cyberark Software 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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