Cyberark Software Ltd Draws Bullish Options Activity Today

 Cyberark Software Ltd Draws Bullish Options Activity Today

In today’s session Cyberark Software Ltd (CYBR) registered an unusually high (220) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious CYBR increase. With 220 contracts traded and 7794 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: CYBR170120C00060000 closed last at: $1.6 or 5.9% down. About 146,529 shares traded hands. Cyberark Software Ltd (NASDAQ:CYBR) has risen 31.71% since March 8, 2016 and is uptrending. It has outperformed by 22.39% the S&P500.

Analysts await Cyberark Software Ltd (NASDAQ:CYBR) to report earnings on November, 3. They expect $0.18 EPS, down 18.18% or $0.04 from last year’s $0.22 per share. CYBR’s profit will be $6.11M for 68.36 P/E if the $0.18 EPS becomes a reality. After $0.21 actual EPS reported by Cyberark Software Ltd for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Cyberark Software Ltd (NASDAQ:CYBR) Ratings Coverage

Out of 19 analysts covering Cyber-Ark Software (NASDAQ:CYBR), 12 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 63% are positive. $72 is the highest target while $41 is the lowest. The $57.57 average target is 16.96% above today’s ($49.22) stock price. Cyber-Ark Software has been the topic of 37 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, July 21 by Dougherty & Company. The stock of Cyberark Software Ltd (NASDAQ:CYBR) earned “Market Perform” rating by Cowen & Co on Monday, September 26. The firm has “Overweight” rating given on Thursday, December 10 by JP Morgan. The stock of Cyberark Software Ltd (NASDAQ:CYBR) earned “Neutral” rating by UBS on Friday, September 9. Nomura upgraded Cyberark Software Ltd (NASDAQ:CYBR) on Friday, September 25 to “Buy” rating. The stock has “Buy” rating given by Deutsche Bank on Monday, September 21. The firm has “Buy” rating by Nomura given on Monday, March 28. The rating was maintained by Oppenheimer with “Outperform” on Friday, February 12. The firm earned “Outperform” rating on Tuesday, August 11 by William Blair. Piper Jaffray upgraded the shares of CYBR in a report on Tuesday, September 1 to “Neutral” rating.

According to Zacks Investment Research, “CyberArk Software Ltd. provides information technology security solutions. The Company offers services which protect organizational privileged accounts from cyber-attacks. Its products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. The company offers privileged account security solution consists of enterprise password vault, which provides a tool to manage and protect physical, virtual, or cloud-based assets in an organization; privileged session manager that protects IT assets; and application identity manager, which addresses the challenges of hard-coded, embedded credentials, and cryptographic keys being hijacked and exploited by malicious insiders or external cyber attackers. CyberArk Software Ltd. is headquartered in Petach Tikva, Israel.”

CyberArk Software Ltd. provides information technology (IT) security solutions that protect organizations from cyber-attacks. The company has a market cap of $1.67 billion. The Company’s products include Privileged Account Security Solution and Sensitive Information Management Solution. It has a 64.03 P/E ratio. The Company’s Privileged Account Security Solution enables its clients to secure, manage and monitor privileged account access and activities.

CYBR Company Profile

CyberArk Software Ltd. (CyberArk), incorporated on February 28, 1996, provides information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s products include Privileged Account Security Solution and Sensitive Information Management Solution. The Company’s solutions provide protection against cyber-attacks from both external and internal sources and allow for real-time detection and neutralization of such threats.

More notable recent Cyberark Software Ltd (NASDAQ:CYBR) news were published by: Fool.com which released: “Why Investors Are Paying a Premium for CyberArk Software Ltd” on October 05, 2016, also Fool.com with their article: “Can CyberArk Software Ltd Regain Its Mojo?” published on September 08, 2016, Fool.com published: “CyberArk Software Ltd. Delivers 39% Revenue Growth” on August 19, 2016. More interesting news about Cyberark Software Ltd (NASDAQ:CYBR) were released by: Fool.com and their article: “The 4 Biggest Risks To CyberArk Software Ltd. Stock” published on May 13, 2016 as well as Fool.com‘s news article titled: “CyberArk Software Ltd Gets a Big Win With HPE Deal” with publication date: July 31, 2016.

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