Check Point Software Technologies Ltd. (NASDAQ:CHKP) Shares Sold by Grey Fox Wealth Advisors LLC

Grey Fox Wealth Advisors LLC cut its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 4.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,513 shares of the technology company’s stock after selling 69 shares during the quarter. Grey Fox Wealth Advisors LLC’s holdings in Check Point Software Technologies were worth $282,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several research analysts have recently issued reports on CHKP shares. Truist Financial reaffirmed a “buy” rating and set a $250.00 price objective (up from $220.00) on shares of Check Point Software Technologies in a research report on Friday, January 31st. The Goldman Sachs Group lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and increased their price target for the company from $204.00 to $207.00 in a research note on Thursday, January 2nd. Piper Sandler upgraded shares of Check Point Software Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $220.00 to $260.00 in a report on Monday, March 3rd. StockNews.com lowered shares of Check Point Software Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, March 13th. Finally, Stifel Nicolaus upped their price objective on shares of Check Point Software Technologies from $190.00 to $220.00 and gave the company a “hold” rating in a research note on Friday, January 31st. Eighteen investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $229.86.

Check Point Software Technologies Trading Up 0.2 %

Shares of CHKP opened at $230.32 on Thursday. The firm’s 50-day moving average is $211.30 and its two-hundred day moving average is $196.61. Check Point Software Technologies Ltd. has a twelve month low of $145.75 and a twelve month high of $232.37. The firm has a market capitalization of $25.33 billion, a P/E ratio of 30.83, a PEG ratio of 3.41 and a beta of 0.62.

Check Point Software Technologies 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.