European Council Agrees to Ban Russian Gas Imports by 2027

Praesidium Investment Management Company has fully exited its position in CyberArk Software, reducing holdings by 104,000 shares for an estimated $42.3 million. CyberArk has surged 43% over the past year, but the fund's exit suggests a cautious stance due to valuation reset and competitive dynamics. The company posted strong Q3 results, with total revenue rising 43% to $342.8 million.