Mutual of America Capital Management LLC Has $5.80 Million Holdings in CyberArk Software Ltd. (NASDAQ:CYBR)

Mutual of America Capital Management LLC cut its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,422 shares of the technology company’s stock after selling 210 shares during the quarter. Mutual of America Capital Management LLC’s holdings in CyberArk Software were worth $5,804,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CYBR. First Trust Direct Indexing L.P. acquired a new position in shares of CyberArk Software during the third quarter worth approximately $383,000. Pinnacle Associates Ltd. lifted its holdings in shares of CyberArk Software by 6.9% during the third quarter. Pinnacle Associates Ltd. now owns 1,550 shares of the technology company’s stock worth $452,000 after buying an additional 100 shares during the last quarter. Gladstone Institutional Advisory LLC lifted its holdings in shares of CyberArk Software by 3.9% during the third quarter. Gladstone Institutional Advisory LLC now owns 1,910 shares of the technology company’s stock worth $557,000 after buying an additional 72 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of CyberArk Software by 24.0% during the third quarter. Farther Finance Advisors LLC now owns 1,269 shares of the technology company’s stock worth $370,000 after buying an additional 246 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in shares of CyberArk Software by 1.6% in the third quarter. Van ECK Associates Corp now owns 16,835 shares of the technology company’s stock valued at $4,864,000 after purchasing an additional 261 shares in the last quarter. 91.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Barclays upped their target price on CyberArk Software from $375.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. JPMorgan Chase & Co. upped their target price on CyberArk Software from $375.00 to $431.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Citigroup upped 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. Needham & Company LLC restated a “buy” rating and issued a $480.00 target price on shares of CyberArk Software in a research note on Wednesday, February 26th. Finally, UBS Group upped their target price on CyberArk Software from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. According to MarketBeat, CyberArk Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $418.15.

CyberArk Software Stock Performance

NASDAQ CYBR opened at $353.56 on Tuesday. The stock has a fifty day moving average of $362.10 and a 200-day moving average of $317.92. The stock has a market capitalization of $15.41 billion, a P/E ratio of -181.31 and a beta of 1.15. CyberArk Software Ltd. has a 52 week low of $223.41 and a 52 week high of $421.00.

CyberArk Software (NASDAQ:CYBR) last released its earnings results on Thursday, February 13th. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate 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%. Equities research 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.