American Capital Management Inc. Has $228.60 Million Stock Position in CyberArk Software Ltd. (NASDAQ:CYBR)

American Capital Management Inc. cut its stake in CyberArk Software Ltd. (NASDAQ:CYBR) by 1.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 783,936 shares of the technology company’s stock after selling 14,152 shares during the period. CyberArk Software comprises about 7.5% of American Capital Management Inc.’s investment portfolio, making the stock its 2nd largest position. American Capital Management Inc. owned 1.80% of CyberArk Software worth $228,604,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Mather Group LLC. bought a new stake in CyberArk Software during the 2nd quarter valued at $27,000. ORG Partners LLC bought a new stake in shares of CyberArk Software in the second quarter valued at about $33,000. Assetmark Inc. lifted its stake in CyberArk Software by 1,025.0% in the third quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock worth $39,000 after acquiring an additional 123 shares during the period. 1620 Investment Advisors Inc. bought a new position in CyberArk Software during the 2nd quarter worth about $39,000. Finally, Transcendent Capital Group LLC purchased a new position in CyberArk Software during the 3rd quarter valued at about $51,000. Hedge funds and other institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Up 1.5 %

CyberArk Software stock opened at $323.51 on Friday. The business’s 50-day moving average price is $295.12 and its 200 day moving average price is $273.26. The firm has a market cap of $14.10 billion, a price-to-earnings ratio of 1,198.23 and a beta of 1.13. CyberArk Software Ltd. has a 52 week low of $193.91 and a 52 week high of $332.05.

CyberArk Software (NASDAQ:CYBR) last posted its earnings results on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.48. The firm had revenue of $240.10 million during the quarter, compared to analysts’ expectations of $234.10 million. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. The business’s revenue was up 25.6% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.31) EPS. Equities analysts expect that CyberArk Software Ltd. will post -0.62 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CYBR shares. Oppenheimer increased their price objective on shares of CyberArk Software from $310.00 to $360.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. Stifel Nicolaus lifted their price target on CyberArk Software from $306.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, November 14th. UBS Group upped their price objective on CyberArk Software from $340.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Royal Bank of Canada boosted their target price on shares of CyberArk Software from $328.00 to $358.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. Finally, Jefferies Financial Group increased their price target on shares of CyberArk Software from $315.00 to $330.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. One equities research analyst has rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat.com, CyberArk Software presently has an average rating of “Moderate Buy” and a consensus price target of $328.37.

About CyberArk Software

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.