CyberArk Software Ltd. (NASDAQ:CYBR) is Semanteon Capital Management LP’s 3rd Largest Position

Semanteon Capital Management LP boosted its stake in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 44.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,669 shares of the technology company’s stock after purchasing an additional 1,440 shares during the period. CyberArk Software comprises 0.8% of Semanteon Capital Management LP’s portfolio, making the stock its 3rd largest holding. Semanteon Capital Management LP’s holdings in CyberArk Software were worth $1,555,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in CyberArk Software in the fourth quarter worth about $25,000. Plato Investment Management Ltd bought a new position in shares of CyberArk Software during the 4th quarter valued at approximately $39,000. Montag A & Associates Inc. grew its stake in shares of CyberArk Software by 47.2% in the 4th quarter. Montag A & Associates Inc. now owns 131 shares of the technology company’s stock worth $44,000 after buying an additional 42 shares in the last quarter. Brown Lisle Cummings Inc. bought a new stake in CyberArk Software during the fourth quarter worth approximately $50,000. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of CyberArk Software by 54.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 198 shares of the technology company’s stock valued at $66,000 after purchasing an additional 70 shares during the last quarter. Institutional investors own 91.84% of the company’s stock.

Wall Street Analysts Forecast Growth

CYBR has been the subject of a number of recent analyst reports. Scotiabank boosted their price objective on CyberArk Software from $340.00 to $400.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. Piper Sandler lifted their price objective on CyberArk Software from $380.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Citigroup lifted their target price on CyberArk Software from $410.00 to $450.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. JMP Securities upped their price target on CyberArk Software from $390.00 to $480.00 and gave the stock a “market outperform” rating in a research report on Friday, February 14th. Finally, Barclays boosted their target price on shares of CyberArk Software from $375.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $418.15.

CyberArk Software Stock Performance

NASDAQ:CYBR opened at $346.76 on Friday. The company has a market capitalization of $17.14 billion, a P/E ratio of -177.83 and a beta of 1.06. The stock’s 50 day moving average price is $364.00 and its 200 day moving average price is $322.67. CyberArk Software Ltd. has a 52 week low of $223.41 and a 52 week high of $421.00.

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

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.