Cyberark Software Ltd’s Trend Down, Especially After This Options Activity

 Cyberark Software Ltd's Trend Down, Especially After This Options Activity

In today’s session Cyberark Software Ltd (CYBR) recorded an unusually high (670) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious CYBR decrease. With 670 contracts traded and 1584 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: CYBR161118P00050000 closed last at: $5.3 or 1.9% up. About 72,388 shares traded hands. Cyberark Software Ltd (NASDAQ:CYBR) has risen 19.95% since March 15, 2016 and is uptrending. It has outperformed by 14.46% 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 $5.89 million for 63.24 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 26.44% above today’s ($45.53) stock price. Cyber-Ark Software has been the topic of 37 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Bank of America downgraded the shares of CYBR in a report on Tuesday, November 10 to “Neutral” rating. The company was maintained on Thursday, September 17 by Wells Fargo. The company was upgraded on Wednesday, August 12 by Vetr. The firm earned “Outperform” rating on Friday, February 12 by Oppenheimer. The stock of Cyberark Software Ltd (NASDAQ:CYBR) has “In-Line” rating given on Thursday, February 18 by Imperial Capital. The rating was maintained by Imperial Capital on Thursday, August 11 with “In-Line”. The firm has “Neutral” rating by DA Davidson given on Friday, October 16. The company was initiated on Tuesday, April 19 by Stephens. The firm has “Buy” rating by Bank of America given on Friday, May 13. The rating was initiated by UBS on Friday, September 9 with “Neutral”.

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 $1.49 billion. The Company’s products include Privileged Account Security Solution and Sensitive Information Management Solution. It has a 59.22 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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