Check Point Software Technologies Ltd. (NASDAQ:CHKP) Shares Bought by Blair William & Co. IL

Blair William & Co. IL grew its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,855 shares of the technology company’s stock after acquiring an additional 237 shares during the period. Blair William & Co. IL’s holdings in Check Point Software Technologies were worth $3,520,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Gitterman Wealth Management LLC raised its stake in shares of Check Point Software Technologies by 3.2% during the fourth quarter. Gitterman Wealth Management LLC now owns 1,533 shares of the technology company’s stock valued at $286,000 after purchasing an additional 48 shares during the period. Argonautica Private Wealth Management Inc. lifted its holdings in Check Point Software Technologies by 0.9% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 6,002 shares of the technology company’s stock worth $1,121,000 after buying an additional 56 shares in the last quarter. Regatta Capital Group LLC boosted its position in Check Point Software Technologies by 4.9% in the 4th quarter. Regatta Capital Group LLC now owns 1,229 shares of the technology company’s stock valued at $229,000 after buying an additional 57 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Check Point Software Technologies by 3.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,891 shares of the technology company’s stock valued at $353,000 after acquiring an additional 57 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Check Point Software Technologies by 53.1% during the fourth quarter. GAMMA Investing LLC now owns 173 shares of the technology company’s stock worth $32,000 after acquiring an additional 60 shares during the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $227.92 on Tuesday. Check Point Software Technologies Ltd. has a 1-year low of $145.75 and a 1-year high of $234.36. The firm has a market capitalization of $25.07 billion, a PE ratio of 30.51, a P/E/G ratio of 3.41 and a beta of 0.62. The business’s fifty day moving average price is $218.38 and its two-hundred day moving average price is $198.86.

Analysts Set New Price Targets

A number of research analysts recently commented on CHKP shares. Guggenheim reissued a “neutral” rating on shares of Check Point Software Technologies in a report on Friday, January 31st. Wells Fargo & Company upgraded Check Point Software Technologies from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $200.00 to $280.00 in a research note on Friday, March 14th. UBS Group lifted their price target on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Susquehanna increased their price objective on shares of Check Point Software Technologies from $215.00 to $255.00 and gave the company a “positive” rating in a research note on Friday, January 31st. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 target price on shares of Check Point Software Technologies in a research report on Monday, January 27th. Sixteen investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $234.18.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.