Greenvale Capital Exits $75 Million Stake in Cyberark Software, According to Recent Filing

Company Overview - CyberArk is a global leader in identity security, focusing on privileged access management and cloud-based security solutions, addressing the cybersecurity demands of large enterprises and government agencies [6] - The company generates revenue through software licensing, SaaS subscriptions, and related security services, targeting sectors such as financial services, manufacturing, healthcare, energy, technology, and government [9] - As of November 13, 2025, CyberArk's market capitalization was $23.27 billion, with a revenue of $1.30 billion and a net income of -$226.92 million for the trailing twelve months [4] Recent Developments - Greenvale Capital LLP sold its entire stake in CyberArk, amounting to a position change of approximately $75.27 million, eliminating its holding of 185,000 shares [1][2] - Prior to the sale, CyberArk represented 6.4% of Greenvale Capital's assets under management (AUM) [3] - Following the sale, CyberArk shares were priced at $478.70, reflecting a 49.1% increase over the past year, outperforming the S&P 500 by 33.5 percentage points [3] Acquisition Context - Palo Alto Networks agreed to acquire CyberArk in a deal valued at roughly $25 billion, which includes a cash payment of $45 per share and 2.2005 shares of Palo Alto stock for CyberArk shareholders [10][11] - The acquisition impacts CyberArk's stock performance, which is now tied to the fluctuations of Palo Alto's stock [11] - The focus will shift to Palo Alto as it integrates CyberArk's products and operations into its own [12]