Fulton Bank N.A. Has $588,000 Stock Position in CyberArk Software Ltd. (NASDAQ:CYBR)

Fulton Bank N.A. grew its position in CyberArk Software Ltd. (NASDAQ:CYBR) by 4.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,151 shares of the technology company’s stock after purchasing an additional 92 shares during the period. Fulton Bank N.A.’s holdings in CyberArk Software were worth $588,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Dallas Securities Inc. boosted its position in shares of CyberArk Software by 3.2% in the 1st quarter. First Dallas Securities Inc. now owns 1,600 shares of the technology company’s stock worth $425,000 after purchasing an additional 50 shares during the last quarter. Desjardins Global Asset Management Inc. lifted its holdings in shares of CyberArk Software by 22.1% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 282 shares of the technology company’s stock valued at $62,000 after purchasing an additional 51 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of CyberArk Software by 6.6% in the fourth quarter. Signaturefd LLC now owns 868 shares of the technology company’s stock valued at $190,000 after purchasing an additional 54 shares in the last quarter. Wealth Alliance lifted its holdings in shares of CyberArk Software by 2.6% in the fourth quarter. Wealth Alliance now owns 2,399 shares of the technology company’s stock valued at $526,000 after purchasing an additional 60 shares in the last quarter. Finally, Alliance Wealth Advisors LLC UT lifted its holdings in shares of CyberArk Software by 2.9% in the fourth quarter. Alliance Wealth Advisors LLC UT now owns 2,967 shares of the technology company’s stock valued at $650,000 after purchasing an additional 85 shares in the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CYBR shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $310.00 target price on shares of CyberArk Software in a research report on Monday, May 20th. Rosenblatt Securities reissued a “buy” rating and set a $310.00 price target on shares of CyberArk Software in a research report on Tuesday. Bank of America reissued a “buy” rating and set a $315.00 price target on shares of CyberArk Software in a research report on Wednesday, April 24th. Guggenheim reissued a “buy” rating and set a $300.00 price target on shares of CyberArk Software in a research report on Tuesday, June 25th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $300.00 price target on shares of CyberArk Software in a research report on Monday, July 22nd. Two investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $280.63.

CyberArk Software Stock Up 0.5 %

CYBR stock traded up $1.25 during mid-day trading on Wednesday, reaching $243.92. 300,042 shares of the company traded hands, compared to its average volume of 545,308. The stock has a market cap of $10.31 billion, a price-to-earnings ratio of -379.17 and a beta of 1.14. CyberArk Software Ltd. has a fifty-two week low of $142.92 and a fifty-two week high of $284.10. The firm’s 50 day moving average price is $256.60 and its 200 day moving average price is $252.27.

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.