American Capital Management boosts CyberArk stake as company reports strong earnings, raising analysts' targets.

American Capital Management Inc. increased its stake in CyberArk Software Ltd. (NASDAQ: CYBR) by 1.8%, now owning 783,936 shares. CyberArk reported a strong quarter, beating EPS estimates by $0.48 to $0.94 and revenue of $240.10 million, up 25.6% year-over-year. Several analysts have raised their target prices, with an average price target of $328.37. Institutional investors own 91.84% of CyberArk's stock.

November 30, 2024
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