The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is CyberArk Software (CYBR) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.CyberArk Software is one of 650 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. CYBR is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for CYBR's full-year earnings has moved 3.68% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.According to our latest data, CYBR has moved about 4.84% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 2.66%. As we can see, CyberArk Software is performing better than its sector in the calendar year.To break things down more, CYBR belongs to the Security industry, a group that includes 12 individual companies and currently sits at #48 in the Zacks Industry Rank. Stocks in this group have gained about 2.89% so far this year, so CYBR is performing better this group in terms of year-to-date returns.Investors in the Computer and Technology sector will want to keep a close eye on CYBR as it attempts to continue its solid performance.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report To read this article on Zacks.com click here.