CW Advisors LLC Has $19.38 Million Stake in CyberArk Software Ltd. $CYBR

CW Advisors LLC cut its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 8.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,628 shares of the technology company’s stock after selling 4,617 shares during the quarter. CW Advisors LLC owned approximately 0.10% of CyberArk Software worth $19,379,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Opal Wealth Advisors LLC acquired a new position in shares of CyberArk Software in the second quarter worth approximately $30,000. NewSquare Capital LLC increased its position in CyberArk Software by 78.0% during the 2nd quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock valued at $30,000 after purchasing an additional 32 shares during the period. AlphaCore Capital LLC bought a new position in CyberArk Software during the 2nd quarter worth approximately $33,000. DHJJ Financial Advisors Ltd. acquired a new position in shares of CyberArk Software in the 2nd quarter worth approximately $81,000. Finally, Harbour Investments Inc. boosted its stake in shares of CyberArk Software by 298.0% in the 1st quarter. Harbour Investments Inc. now owns 203 shares of the technology company’s stock valued at $69,000 after purchasing an additional 152 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

CyberArk Software Stock Up 1.9%

CYBR stock opened at $466.48 on Thursday. The stock’s 50 day simple moving average is $489.83 and its 200 day simple moving average is $439.84. The company has a market cap of $23.55 billion, a P/E ratio of -101.19, a price-to-earnings-growth ratio of 25.53 and a beta of 0.99. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.14 and a current ratio of 2.14. CyberArk Software Ltd. has a fifty-two week low of $288.63 and a fifty-two week high of $526.19.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.28. CyberArk Software had a negative return on equity of 0.07% and a negative net margin of 17.42%.The firm had revenue of $342.84 million during the quarter, compared to analysts’ expectations of $328.52 million. During the same quarter last year, the firm posted $0.94 earnings per share. The company’s revenue for the quarter was up 42.8% compared to the same quarter last year. On average, research analysts expect that CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Zacks Research upgraded shares of CyberArk Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Weiss Ratings assumed coverage on CyberArk Software in a research report on Saturday, November 1st. They issued a “sell (d-)” rating for the company. Citigroup downgraded CyberArk Software from a “buy” rating to a “hold” rating and boosted their price objective for the company from $465.00 to $524.00 in a research note on Tuesday, November 4th. JMP Securities reaffirmed a “market perform” rating on shares of CyberArk Software in a research note on Tuesday, September 23rd. Finally, Citizens Jmp downgraded CyberArk Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. Eight analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, CyberArk Software currently has an average rating of “Hold” and an average price target of $455.96.

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.