<div id="readability-page-1"><p>Elevation Point Wealth Partners LLC purchased a new position in  CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The fund purchased 1,549 shares of the technology company's stock, valued at approximately $524,000.</p><div><p><span></span><span>Get <strong>CyberArk Software</strong> alerts:</span></p></div><ul><li>Tariff-Resilient Tech Stocks: CyberArk &amp; Verisign’s Durable Edge</li></ul><p>Several other hedge funds have also recently added to or reduced their stakes in CYBR. Thoma Bravo L.P. acquired a new position in  CyberArk Software in the fourth quarter worth approximately $380,637,000.  Norges Bank acquired a new position in  CyberArk Software in the fourth quarter worth approximately $203,375,000.  Congress Asset Management Co. grew its position in  CyberArk Software by 304.2% in the first quarter. Congress Asset Management Co. now owns 332,770 shares of the technology company's stock worth $112,476,000 after buying an additional 250,441 shares during the last quarter.  Alyeska Investment Group L.P. acquired a new position in  CyberArk Software in the fourth quarter worth approximately $72,842,000.  Finally, Janus Henderson Group PLC grew its position in  CyberArk Software by 7,524.4% in the fourth quarter. Janus Henderson Group PLC now owns 170,710 shares of the technology company's stock worth $56,914,000 after buying an additional 168,471 shares during the last quarter. Institutional investors and hedge funds own  91.84% of the company's stock. </p><h2>CyberArk Software Trading Down 1.4%</h2><p>Shares of NASDAQ:CYBR opened at $386.69 on Monday. The stock has a market capitalization of $19.11 billion, a PE ratio of -198.30 and a beta of 0.99. CyberArk Software Ltd. has a 1 year low of $230.00 and a 1 year high of $421.00. The firm has a fifty day moving average price of $361.27 and a 200 day moving average price of $352.17. </p><ul><li>Cybersecurity Stocks Are Soaring—Here’s Why These 3 Stand Out</li></ul><p>CyberArk Software (NASDAQ:CYBR - Get Free Report) last released its earnings results on Tuesday, May 13th. The technology company reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.19. The firm had revenue of $317.60 million during the quarter, compared to analyst estimates of $305.57 million. CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. The business's revenue was up 43.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.75 EPS.  On average, sell-side analysts forecast that  CyberArk Software Ltd. will post -0.47 earnings per share for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research analysts have issued reports on CYBR shares. Roth Capital started coverage on shares of CyberArk Software in a research report on Tuesday, May 13th. They issued a &#34;buy&#34; rating and a $415.00 price target on the stock. Royal Bank of Canada  reissued an &#34;outperform&#34; rating and set a $420.00 target price on shares of CyberArk Software in a research note on Tuesday, May 13th. DA Davidson boosted their target price on shares of CyberArk Software from $435.00 to $465.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday. Cantor Fitzgerald  reissued an &#34;overweight&#34; rating and set a $400.00 target price on shares of CyberArk Software in a research note on Tuesday, May 13th. Finally, Wall Street Zen downgraded shares of CyberArk Software from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Friday, February 21st. Two equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one  has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $416.79.</p><ul><li>3 Technology Stocks Set to Outperform This Quarter</li></ul><p><b>View Our Latest Analysis on CyberArk Software</b></p><h2>CyberArk Software Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than CyberArk Software</li><li>What to Know About Investing in Penny Stocks</li><li>RH Stock Rockets on Surprise Profit and Tariff Shift</li><li>Airline Stocks - Top Airline Stocks to Buy Now</li><li>Synopsys Stock Falls on China Ban, But Long-Term Outlook Holds</li><li>What is the S&amp;P 500 and How It is Distinct from Other Indexes</li><li>Alphabet Enters a Bull Market: Is It Time to Buy?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1lCUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1lCUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in CyberArk Software Right Now?</h2><p>Before you consider CyberArk Software, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CyberArk Software wasn't on the list.</p><p>While CyberArk Software currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CYBR

ELEV

<p>Elevation Point Wealth Partners LLC acquired 1,549 shares of CyberArk Software Ltd. (NASDAQ:CYBR) valued at approximately $524,000 during the 1st quarter, as reported in their recent 13F filing. Other institutional investors have also increased their stakes in CyberArk, which has a market cap of $19.11 billion. The stock is currently trading down 1.4% at $386.69, with a consensus price target of $416.79 from analysts, who generally rate it as a "Moderate Buy."</p>

1,549 Shares in CyberArk Software Ltd. (NASDAQ:CYBR) Acquired by Elevation Point Wealth Partners LLC