Commerzbank Aktiengesellschaft FI Acquires 3,234 Shares of CyberArk Software Ltd. (CYBR)

Commerzbank Aktiengesellschaft FI raised its holdings in CyberArk Software Ltd. (NASDAQ:CYBR) by 5.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 63,176 shares of the technology company’s stock after purchasing an additional 3,234 shares during the quarter. Commerzbank Aktiengesellschaft FI owned about 0.18% of CyberArk Software worth $2,590,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Trexquant Investment LP acquired a new position in shares of CyberArk Software during the third quarter worth about $278,000. JPMorgan Chase & Co. increased its stake in shares of CyberArk Software by 93.5% during the third quarter. JPMorgan Chase & Co. now owns 68,147 shares of the technology company’s stock worth $2,798,000 after acquiring an additional 32,927 shares during the period. Legal & General Group Plc increased its stake in shares of CyberArk Software by 55.6% during the third quarter. Legal & General Group Plc now owns 8,113 shares of the technology company’s stock worth $333,000 after acquiring an additional 2,900 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of CyberArk Software by 0.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 172,116 shares of the technology company’s stock worth $7,057,000 after acquiring an additional 1,524 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of CyberArk Software by 409.6% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,019 shares of the technology company’s stock worth $862,000 after acquiring an additional 16,894 shares during the period. Institutional investors own 77.08% of the company’s stock.

CyberArk Software Ltd. (NASDAQ:CYBR) opened at $44.78 on Tuesday. CyberArk Software Ltd. has a 1 year low of $39.34 and a 1 year high of $55.65. The firm has a market cap of $1,614.79, a PE ratio of 72.63, a price-to-earnings-growth ratio of 3.81 and a beta of 2.59.

A number of research analysts have recently issued reports on CYBR shares. ValuEngine lowered shares of CyberArk Software from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Needham & Company LLC reiterated a “buy” rating and set a $55.00 price target on shares of CyberArk Software in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of CyberArk Software from a “sell” rating to a “hold” rating in a research note on Friday, September 15th. Piper Jaffray Companies reiterated a “buy” rating and set a $50.00 price target on shares of CyberArk Software in a research note on Friday, November 3rd. Finally, BidaskClub upgraded shares of CyberArk Software from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $49.91.

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About CyberArk Software

CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.

Institutional Ownership by Quarter for CyberArk Software (NASDAQ:CYBR)

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