<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001969477</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001598110</issuerCik>
            <issuerName>CYBERARK SOFTWARE LTD SHS</issuerName>
            <secFileNumber>001-36625</secFileNumber>
            <issuerAddress>
                <ns2:street1>9 Hapsagot St</ns2:street1>
                <ns2:city>Petach Tikva  </ns2:city>
                <ns2:stateOrCountry>L3</ns2:stateOrCountry>
                <ns2:zipCode>4951040</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>97239180000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>AMNON SHOSHANI</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>38th Fl.</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>1300</noOfUnitsSold>
            <aggregateMarketValue>295048.00</aggregateMarketValue>
            <noOfUnitsOutstanding>41028571</noOfUnitsOutstanding>
            <approxSaleDate>01/18/2024</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>07/11/2019</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock Units</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>1300</amountOfSecuritiesAcquired>
            <paymentDate>07/11/2019</paymentDate>
            <natureOfPayment>N/A</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for AMNON SHOSHANI</name>
                <address>
                    <ns2:street1>9 Hapsagot St</ns2:street1>
                    <ns2:city>Petach Tikva  </ns2:city>
                    <ns2:stateOrCountry>L3</ns2:stateOrCountry>
                    <ns2:zipCode>4951040</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/29/2023</saleDate>
            <amountOfSecuritiesSold>2900</amountOfSecuritiesSold>
            <grossProceeds>577100.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <remarks>The securities to be sold were acquired upon the vesting of restricted stock units during the period of 06/21/2018 through 07/11/2019. </remarks>
        <noticeSignature>
            <noticeDate>01/18/2024</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>02/20/2023</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Amnon Shoshani</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
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144
0001969477
XXXXXXXX
LIVE
0001598110
CYBERARK SOFTWARE LTD SHS
001-36625
9 Hapsagot St
Petach Tikva
L3
4951040
97239180000
AMNON SHOSHANI
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
38th Fl.
New York
NY
10004
1300
295048.00
41028571
01/18/2024
NASDAQ
Common
07/11/2019
Restricted Stock Units
Issuer
N
1300
07/11/2019
N/A
N
10b5-1 Sales Plan for AMNON SHOSHANI
9 Hapsagot St
Petach Tikva
L3
4951040
Common
11/29/2023
2900
577100.00
The securities to be sold were acquired upon the vesting of restricted stock units during the period of 06/21/2018 through 07/11/2019.
01/18/2024
02/20/2023
/s/ Amnon Shoshani