Intrust Bank NA Purchases 551 Shares of CyberArk Software Ltd. $CYBR

Intrust Bank NA grew its holdings in shares of CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) by 73.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,299 shares of the technology company's stock after acquiring an additional 551 shares during the period. Intrust Bank NA's holdings in CyberArk Software were worth $529,000 as of its most recent SEC filing.

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Other hedge funds have also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in shares of CyberArk Software in the 2nd quarter valued at about $30,000. NewSquare Capital LLC increased its holdings in CyberArk Software by 78.0% in the second quarter. NewSquare Capital LLC now owns 73 shares of the technology company's stock worth $30,000 after purchasing an additional 32 shares in the last quarter. Morse Asset Management Inc acquired a new position in CyberArk Software in the first quarter valued at approximately $34,000. DHJJ Financial Advisors Ltd. acquired a new position in CyberArk Software in the second quarter valued at approximately $81,000. Finally, Harbour Investments Inc. boosted its holdings in shares of CyberArk Software by 298.0% during the 1st quarter. Harbour Investments Inc. now owns 203 shares of the technology company's stock worth $69,000 after buying an additional 152 shares in the last quarter. 91.84% of the stock is owned by institutional investors.

CyberArk Software Price Performance

CYBR stock opened at $482.50 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.31 and a current ratio of 2.31. The business has a 50-day simple moving average of $495.21 and a two-hundred day simple moving average of $432.37. The company has a market capitalization of $24.36 billion, a P/E ratio of -143.18 and a beta of 1.01. CyberArk Software Ltd. has a 52-week low of $288.63 and a 52-week high of $526.19.

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CyberArk Software (NASDAQ:CYBR - Get Free Report) last posted its earnings results on Thursday, November 6th. The technology company reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.28. CyberArk Software had a positive return on equity of 0.44% and a negative net margin of 13.78%.The company had revenue of $342.84 million for the quarter, compared to analyst estimates of $328.52 million. During the same quarter last year, the company earned $0.94 earnings per share. The company's revenue for the quarter was up 42.8% on a year-over-year basis. Research analysts expect that CyberArk Software Ltd. will post -0.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CYBR shares. William Blair lowered shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 30th. BTIG Research downgraded shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 30th. Zacks Research lowered shares of CyberArk Software from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 21st. Stephens cut shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 31st. Finally, JMP Securities reaffirmed a "market perform" rating on shares of CyberArk Software in a research report on Tuesday, September 23rd. Eight equities research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, CyberArk Software currently has a consensus rating of "Hold" and an average target price of $455.96.

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Check Out Our Latest Stock Analysis on CyberArk Software

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.

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