According to the company’s most recent SEC filing, during the company’s third fiscal quarter, Los Angeles Capital Management LLC increased its holdings in CyberArk Software Ltd. (NASDAQ: CYBR) by a factor of 271.4%. The business has acquired 143,979 shares of ownership in the company’s stock following the purchase of an additional 105,214 shares of the technology company’s stock during the period in question. At the end of the most recent financial quarter, Los Angeles Capital Management LLC owned approximately 0.35% of CyberArk Software’s shares, giving those shares a value of $21,588,000.
The percentages of ownership that hedge funds and other institutional investors currently hold in the company have recently been adjusted in several ways. During the first three months of 2018, First Trust Advisors LP added 8.3% more CyberArk Software stock to its portfolio, bringing the total amount of stock it owned to 100%. First Trust Advisors LP now has 1,129,744 technology company shares after purchasing an additional 86,160 shares during the most recent quarter. The value of these shares is $190,644,000. 5.8 percentage points were added to Legal & General Group Plc’s ownership stake in CyberArk Software over the second quarter. Legal & General Group Plc now has 1,114,055 shares of the technology company following the purchase of an additional 61,334 shares during the most recent quarter. The company’s shares are currently valued at a total of $142,554,000. During the second quarter, a 0.9% increase in the proportion of CyberArk Software stock that Abrdn Plc owned was accomplished. Aberdeen plc now has 575,354 shares of the technology company’s stock, which has a market value of $75,023,000 after purchasing an additional 5,040 shares during the most recent quarter. The market value of the company’s stock is $75,023,000. During the third quarter of the fiscal year, the value of Jennison Associates LLC’s ownership stake in CyberArk Software rose to $83,093,000, representing an increase from the previous quarter. And finally, during the first three months of this year, Invesco Ltd. increased the amount of CyberArk Software stock owned by 7.5%, bringing its total ownership percentage to 100%. Invesco Ltd. now holds 498,788 shares of the technology company’s stock, currently valued at $84,169,000. This is after the company made an additional purchase of 34,843 shares during the most recent fiscal quarter. Institutional investors and hedge funds collectively own 91.52% of the total number of shares in the company, making them the company’s largest stockholders.
When trading started on Wednesday, the price of one share of CYBR was $127.85 per share. A debt-to-equity ratio comes in at 0.87, a current ratio comes in at 2.66, and a quick ratio comes in at 2.66. The ratios found here are identical to one another. The current price-to-earnings ratio for the stock is -41.38, and its beta value is 1.04; these metrics combine to give the stock a market value of $5.21 billion. The lowest price that CyberArk Software Ltd. has been at in the last year is $100.35, and the highest price that the company has been at in the last year is $180.01. $137.09 is the company’s moving average price over the past 50 days, and $141.73 is the company’s average price over the past 200 days.
On November 3, CyberArk Software (NASDAQ: CYBR) made its report on the company’s performance available to the general public. The technology company reported earnings of $0.67 per share for the quarter, which is $0.23 less than the average estimate of $0.90 per share that the company needed to beat. CyberArk Software had a negative return on equity of 16.23%, and the company’s net margin was negative by 21.79%. The sales for the company during the period came in at $152.67 million, which is significantly higher than the industry analysts’ prediction of $151.18 million for the company’s sales. Sell-side analysts have predicted CyberArk Software Ltd. will report a $3.44 per share loss for the current fiscal year. This information was derived from previous estimates.
CYBR has been the subject of several reports written and published by research analysts. Canaccord Genuity Group initiated coverage of CyberArk Software in a report published on Friday, September 30. The report was part of the firm’s regular research. They recommended purchasing shares of the company as a whole. The first time that CyberArk Software was mentioned was in an article on StockNews.com on October 12. The article was published on Wednesday. They recommended that shareholders “hold” their shares of the company. Robert W. Baird maintained an “outperform” rating on shares of CyberArk Software. He set a price objective of $182.00 for the company in a research report made available on Wednesday, October 19. The report was also distributed. Mizuho raised their recommendation on CyberArk Software from a “buy” rating to a “strong-buy” rating and increased their price objective to $180.00 in a research report made available on Friday, November 4. Canaccord Genuity Group finally started covering CyberArk Software on September 30, when they published a research report. The report was published on Friday. They suggested that investors “buy” the stock and set the price target at $187.00; however, they did not purchase any of the shares. Nineteen equity research specialists have given the company a rating of “buy,” while only four recommend that investors keep their shares. Bloomberg’s research indicates that