Semanteon Capital Management LP Acquires Shares of 3,229 CyberArk Software Ltd. (NASDAQ:CYBR)

Semanteon Capital Management LP purchased a new position in shares of CyberArk Software Ltd. (NASDAQ:CYBR) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,229 shares of the technology company’s stock, valued at approximately $942,000.

Other hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. increased its stake in CyberArk Software by 64.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,345 shares of the technology company’s stock worth $1,951,000 after buying an additional 2,885 shares in the last quarter. Russell Investments Group Ltd. raised its stake in CyberArk Software by 58.3% in the 1st quarter. Russell Investments Group Ltd. now owns 33,255 shares of the technology company’s stock valued at $8,830,000 after purchasing an additional 12,242 shares during the last quarter. Quadrature Capital Ltd purchased a new position in CyberArk Software in the 1st quarter valued at $2,741,000. Price T Rowe Associates Inc. MD lifted its holdings in CyberArk Software by 715.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,262 shares of the technology company’s stock valued at $14,946,000 after purchasing an additional 49,360 shares in the last quarter. Finally, Ensign Peak Advisors Inc purchased a new stake in shares of CyberArk Software during the second quarter worth $711,000. Institutional investors and hedge funds own 91.84% of the company’s stock.

CyberArk Software Stock Up 1.4 %

NASDAQ CYBR traded up $4.09 during trading hours on Monday, hitting $294.13. 10,568 shares of the company were exchanged, compared to its average volume of 517,040. The firm has a market cap of $12.43 billion, a price-to-earnings ratio of -453.19 and a beta of 1.12. The company has a 50 day moving average of $282.18 and a two-hundred day moving average of $262.32. CyberArk Software Ltd. has a 52-week low of $155.72 and a 52-week high of $308.63.

CyberArk Software (NASDAQ:CYBR) last issued its earnings results on Thursday, August 8th. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.14. The business had revenue of $224.71 million for the quarter, compared to analyst estimates of $219.06 million. CyberArk Software had a negative return on equity of 0.21% and a negative net margin of 1.53%. The business’s quarterly revenue was up 27.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.58) EPS. On average, equities research analysts predict that CyberArk Software Ltd. will post -1.06 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CYBR shares. Wedbush boosted their price target on shares of CyberArk Software from $300.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 1st. Susquehanna lifted their price objective on CyberArk Software from $310.00 to $320.00 and gave the stock a “positive” rating in a research report on Friday, August 9th. Mizuho raised their target price on CyberArk Software from $310.00 to $325.00 and gave the stock an “outperform” rating in a research note on Thursday, October 17th. Rosenblatt Securities reissued a “buy” rating and issued a $310.00 price objective on shares of CyberArk Software in a report on Tuesday, August 6th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $300.00 price objective on shares of CyberArk Software in a research report on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and twenty-five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, CyberArk Software currently has an average rating of “Moderate Buy” and an average price target of $306.58.

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.