Nomura Asset Management Co. Ltd. Boosts Stock Position in Cyberark Software Ltd (NASDAQ:CYBR)

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Nomura Asset Management Co. Ltd. boosted its holdings in shares of Cyberark Software Ltd (NASDAQ:CYBR) by 3,054.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 183,610 shares of the technology company’s stock after acquiring an additional 177,790 shares during the quarter. Nomura Asset Management Co. Ltd. owned 0.48% of Cyberark Software worth $15,709,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Cyberark Software by 0.3% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 36,138 shares of the technology company’s stock valued at $4,213,000 after acquiring an additional 100 shares during the period. Signaturefd LLC boosted its holdings in Cyberark Software by 32.2% during the 4th quarter. Signaturefd LLC now owns 661 shares of the technology company’s stock valued at $77,000 after acquiring an additional 161 shares during the period. American International Group Inc. boosted its holdings in Cyberark Software by 5.0% during the 4th quarter. American International Group Inc. now owns 4,222 shares of the technology company’s stock valued at $492,000 after acquiring an additional 200 shares during the period. Comerica Bank boosted its holdings in Cyberark Software by 7.0% during the 1st quarter. Comerica Bank now owns 3,552 shares of the technology company’s stock valued at $336,000 after acquiring an additional 232 shares during the period. Finally, Nissay Asset Management Corp Japan ADV boosted its holdings in Cyberark Software by 6.9% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 3,667 shares of the technology company’s stock valued at $314,000 after acquiring an additional 237 shares during the period. Institutional investors own 83.46% of the company’s stock.

Several equities research analysts have weighed in on the company. TheStreet cut Cyberark Software from a “b-” rating to a “c+” rating in a report on Thursday, May 14th. ValuEngine upgraded Cyberark Software from a “hold” rating to a “buy” rating in a report on Tuesday, March 3rd. UBS Group lowered their target price on Cyberark Software from $104.00 to $94.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Morgan Stanley upped their target price on Cyberark Software from $110.00 to $114.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, BidaskClub cut Cyberark Software from a “strong-buy” rating to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $118.95.

Shares of NASDAQ CYBR traded down $5.91 during trading on Thursday, reaching $97.70. The stock had a trading volume of 16,676 shares, compared to its average volume of 770,792. The company has a market cap of $3.83 billion, a P/E ratio of 76.02, a PEG ratio of 18.05 and a beta of 1.25. The business’s 50-day moving average price is $100.64 and its 200-day moving average price is $110.23. Cyberark Software Ltd has a fifty-two week low of $69.50 and a fifty-two week high of $148.74. The company has a debt-to-equity ratio of 0.76, a quick ratio of 6.25 and a current ratio of 6.25.

Cyberark Software (NASDAQ:CYBR) last released its earnings results on Wednesday, May 13th. The technology company reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.38. The firm had revenue of $106.83 million during the quarter, compared to analyst estimates of $106.69 million. Cyberark Software had a return on equity of 9.76% and a net margin of 11.64%. Analysts forecast that Cyberark Software Ltd will post 0.48 EPS for the current fiscal year.

About Cyberark Software

CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations.

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Institutional Ownership by Quarter for Cyberark Software (NASDAQ:CYBR)

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