Congress Asset Management Company Lowered Cyberark Software LTD (CYBR) Stake By $4.13 Million; Shorts at Synlogic (SYBX) Raised By 21.52%

March 14, 2018 - By Winifred Garcia

Congress Asset Management Company decreased Cyberark Software Ltd (CYBR) stake by 59.04% reported in 2017Q3 SEC filing. Congress Asset Management Company sold 103,202 shares as Cyberark Software Ltd (CYBR)’s stock declined 11.21%. The Congress Asset Management Company holds 71,596 shares with $2.94M value, down from 174,798 last quarter. Cyberark Software Ltd now has $1.81B valuation. The stock increased 1.42% or $0.73 during the last trading session, reaching $52.04. About 515,345 shares traded. CyberArk Software Ltd. (NASDAQ:CYBR) has risen 9.69% since March 14, 2017 and is uptrending. It has underperformed by 7.01% the S&P500.

Synlogic Inc (NASDAQ:SYBX) had an increase of 21.52% in short interest. SYBX’s SI was 679,900 shares in March as released by FINRA. Its up 21.52% from 559,500 shares previously. With 291,300 avg volume, 2 days are for Synlogic Inc (NASDAQ:SYBX)’s short sellers to cover SYBX’s short positions. The SI to Synlogic Inc’s float is 9.54%. The stock decreased 2.04% or $0.21 during the last trading session, reaching $10.08. About 62,378 shares traded. Synlogic, Inc. (NASDAQ:SYBX) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Synlogic, Inc. develops synthetic biotic medicines for the treatment of patients with urea cycle disorder and phenylketonuria. The company has market cap of $223.62 million.

Congress Asset Management Company increased Northrop Grumman Corp (NYSE:NOC) stake by 7,994 shares to 176,613 valued at $50.82 million in 2017Q3. It also upped Masco Corp Com (NYSE:MAS) stake by 96,388 shares and now owns 2.02 million shares. Visa Inc (NYSE:V) was raised too.

Analysts await CyberArk Software Ltd. (NASDAQ:CYBR) to report earnings on May, 10. They expect $0.07 earnings per share, down 50.00% or $0.07 from last year’s $0.14 per share. CYBR’s profit will be $2.43 million for 185.86 P/E if the $0.07 EPS becomes a reality. After $0.31 actual earnings per share reported by CyberArk Software Ltd. for the previous quarter, Wall Street now forecasts -77.42% negative EPS growth.

Among 26 analysts covering Cyber-Ark Software (NASDAQ:CYBR), 16 have Buy rating, 0 Sell and 10 Hold. Therefore 62% are positive. Cyber-Ark Software had 74 analyst reports since July 21, 2015 according to SRatingsIntel. The company was initiated on Tuesday, July 21 by Dougherty & Company. The firm has “Neutral” rating by DA Davidson given on Friday, October 16. The firm earned “Neutral” rating on Friday, July 14 by JP Morgan. On Tuesday, August 18 the stock rating was upgraded by Zacks to “Hold”. The stock has “Hold” rating by Stephens on Friday, February 16. The firm has “Market Outperform” rating given on Friday, July 14 by JMP Securities. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, January 6. Evercore upgraded the stock to “Outperform” rating in Wednesday, March 29 report. UBS maintained it with “Neutral” rating and $50 target in Friday, November 3 report. The company was maintained on Friday, July 14 by Piper Jaffray.

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