Several other equities analysts have also commented on CYBR. ValuEngine raised Cyberark Software from a sell rating to a hold rating in a research note on Friday, November 1st. Barclays decreased their price target on Cyberark Software from $140.00 to $119.00 and set an equal weight rating on the stock in a research note on Monday, October 7th. Wedbush reaffirmed an outperform rating on shares of Cyberark Software in a research note on Wednesday, November 6th. Zacks Investment Research lowered Cyberark Software from a buy rating to a hold rating and set a $125.00 price target on the stock. in a research note on Friday, January 3rd. Finally, Evercore ISI set a $140.00 target price on Cyberark Software and gave the stock a buy rating in a research note on Monday, November 4th. Six analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Cyberark Software currently has an average rating of Buy and an average target price of $139.63.
Shares of Cyberark Software stock opened at $136.81 on Friday. Cyberark Software has a 52 week low of $74.86 and a 52 week high of $148.74. The business’s fifty day simple moving average is $122.79 and its 200-day simple moving average is $117.63. The firm has a market cap of $5.14 billion, a PE ratio of 95.67, a price-to-earnings-growth ratio of 5.46 and a beta of 1.59.
A number of institutional investors and hedge funds have recently bought and sold shares of CYBR. Lenox Wealth Advisors LLC acquired a new position in Cyberark Software during the 4th quarter worth about $27,000. AdvisorNet Financial Inc acquired a new stake in Cyberark Software in the 3rd quarter valued at about $30,000. First Quadrant L P CA acquired a new stake in Cyberark Software in the 3rd quarter valued at about $34,000. Quadrant Capital Group LLC acquired a new stake in Cyberark Software in the 3rd quarter valued at about $37,000. Finally, Tower Research Capital LLC TRC acquired a new stake in Cyberark Software in the 3rd quarter valued at about $43,000. 79.44% of the stock is currently owned by hedge funds and other institutional investors.
Cyberark Software Company Profile
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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