Large Outflow of Money Witnessed in CyberArk Software Ltd.

CyberArk Software Ltd. (NASDAQ:CYBR) traded on a positive note gaining 0.41 points or 0.9% to be valued at $45.99 per share. Intraday, the shares aggregated $8.86 million in upticks but saw an exodus of $9.91 million in downticks. The net money flow was calculated to be $(-1.05) million with the final up/down ratio coming in at 0.89. The share price has seen a change of -3.08% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $1.11 million in downticks. The net money flow for the block exchange was disappointing at $(-1.11) Million.


Institutional Investors own 59.19% of CyberArk Software Ltd. shares.

CyberArk Software Ltd. (NASDAQ:CYBR) : On Monday heightened volatility was witnessed in CyberArk Software Ltd. (NASDAQ:CYBR) which led to swings in the share price. The stock opened for trading at $45.2 and hit $47.1699 on the upside , eventually ending the session at $45.99, with a gain of 0.9% or 0.41 points. The heightened volatility saw the trading volume jump to 768,999 shares. The 52-week high of the share price is $76.35 and the company has a market cap of $1,531 million. The 52-week low of the share price is at $31.5 .

Many analysts have stated their opinion on the company shares. Bank of America upgrades its rating on CyberArk Software Ltd. (NASDAQ:CYBR). Analysts at the Bank of America have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on May 13, 2016.

Cyberark Software Ltd is an Israel-based security company. The Companys provides information technology security solutions that protect organizations from cyber attacks. The Companys products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. It offers Privileged Account Security Solution, a solution to protect, monitor, detect, alert, and respond to privileged accounts. The company also provides Enterprise Class Integration for devices, networks, applications, and servers. Its CyberArk Privileged Session Manager that isolates, controls, and monitors privileged user access and activities. Its CyberArk Sensitive Information Management Solution, a platform for sharing and distributing information to users across systems using Web, desktop, mobile, and email.

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