CyberArk Software Ltd. (NASDAQ:CYBR) Shares Sold by Calamos Wealth Management LLC

Calamos Wealth Management LLC lessened its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 99.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,578 shares of the technology company’s stock after selling 375,422 shares during the quarter. Calamos Wealth Management LLC’s holdings in CyberArk Software were worth $526,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CYBR. Alliance Wealth Advisors LLC UT raised its holdings in shares of CyberArk Software by 6.9% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 4,181 shares of the technology company’s stock worth $1,393,000 after purchasing an additional 270 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of CyberArk Software by 32.3% in the 4th 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. Resonant Capital Advisors LLC purchased a new stake in shares of CyberArk Software in the fourth quarter worth about $228,000. JB Capital LLC raised its position in CyberArk Software by 6.2% during the fourth quarter. JB Capital LLC now owns 6,497 shares of the technology company’s stock valued at $2,164,000 after acquiring an additional 380 shares in the last quarter. Finally, Spire Wealth Management lifted its holdings in CyberArk Software by 236.8% in the fourth quarter. Spire Wealth Management now owns 4,756 shares of the technology company’s stock valued at $1,584,000 after acquiring an additional 3,344 shares during the period. 91.84% of the stock is owned by hedge funds and other institutional investors.

CyberArk Software Price Performance

Shares of CYBR stock opened at $376.21 on Wednesday. CyberArk Software Ltd. has a 1-year low of $223.09 and a 1-year high of $378.78. The firm has a market cap of $16.39 billion, a PE ratio of 1,393.42 and a beta of 1.15. The company has a 50-day moving average of $337.03 and a two-hundred day moving average of $301.09.

CyberArk Software (NASDAQ:CYBR) last posted its earnings results on Wednesday, November 13th. The technology company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.48. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. The firm had revenue of $240.10 million during the quarter, compared to the consensus estimate of $234.10 million. During the same quarter last year, the firm earned ($0.31) EPS. The firm’s revenue for the quarter was up 25.6% on a year-over-year basis. Sell-side analysts anticipate that CyberArk Software Ltd. will post -0.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CYBR shares. Rosenblatt Securities lifted their target price on shares of CyberArk Software from $345.00 to $415.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Canaccord Genuity Group upped their price objective on shares of CyberArk Software from $310.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Stifel Nicolaus raised their target price on CyberArk Software from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. UBS Group upped their price target on CyberArk Software from $340.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Finally, Scotiabank boosted their price objective on CyberArk Software from $340.00 to $400.00 and gave the company a “sector outperform” rating in a research report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $367.44.

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.