Trillium Asset Management LLC Has $13.87 Million Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Trillium Asset Management LLC lessened its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,626 shares of the technology company’s stock after selling 1,898 shares during the period. Trillium Asset Management LLC owned 0.10% of CyberArk Software worth $13,867,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of CYBR. Nepsis Inc. lifted its holdings in shares of CyberArk Software by 882.4% during the fourth quarter. Nepsis Inc. now owns 562,327 shares of the technology company’s stock worth $187,339,000 after purchasing an additional 505,088 shares during the period. Jennison Associates LLC lifted its holdings in CyberArk Software by 32.3% in the fourth quarter. Jennison Associates LLC now owns 1,603,744 shares of the technology company’s stock valued at $534,287,000 after buying an additional 391,900 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in CyberArk Software by 195.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 508,355 shares of the technology company’s stock valued at $170,614,000 after buying an additional 336,462 shares during the period. Swedbank AB lifted its holdings in CyberArk Software by 19.0% in the fourth quarter. Swedbank AB now owns 545,100 shares of the technology company’s stock valued at $181,600,000 after buying an additional 87,201 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in CyberArk Software by 138.8% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 143,252 shares of the technology company’s stock valued at $47,724,000 after buying an additional 83,252 shares during the period. Institutional investors and hedge funds own 91.84% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CYBR shares. Mizuho boosted their target price on shares of CyberArk Software from $345.00 to $365.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Oppenheimer boosted their target price on shares of CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Robert W. Baird boosted their target price on shares of CyberArk Software from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Tuesday, February 25th. JMP Securities boosted their target price on shares of CyberArk Software from $390.00 to $480.00 and gave the company a “market outperform” rating in a report on Friday, February 14th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $415.00 target price on shares of CyberArk Software in a report on Monday, January 27th. Two research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat.com, CyberArk Software has an average rating of “Moderate Buy” and a consensus target price of $418.15.

CyberArk Software Stock Performance

CyberArk Software stock opened at $344.87 on Wednesday. CyberArk Software Ltd. has a fifty-two week low of $223.41 and a fifty-two week high of $421.00. The stock has a market cap of $17.05 billion, a PE ratio of -176.86 and a beta of 1.06. The firm’s 50-day simple moving average is $363.88 and its 200 day simple moving average is $322.32.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.85). CyberArk Software had a positive return on equity of 0.45% and a negative net margin of 9.34%. As a group, analysts predict that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

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.