Check Point Software Technologies Ltd. (NASDAQ:CHKP) Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC reduced its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,789 shares of the technology company’s stock after selling 129 shares during the period. TD Private Client Wealth LLC’s holdings in Check Point Software Technologies were worth $334,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. FSA Wealth Management LLC acquired a new stake in Check Point Software Technologies during the third quarter worth about $27,000. GAMMA Investing LLC grew its stake in shares of Check Point Software Technologies by 53.1% during the 4th quarter. GAMMA Investing LLC now owns 173 shares of the technology company’s stock worth $32,000 after purchasing an additional 60 shares during the period. Golden State Wealth Management LLC purchased a new position in shares of Check Point Software Technologies during the 4th quarter valued at approximately $35,000. Exchange Traded Concepts LLC lifted its stake in shares of Check Point Software Technologies by 142.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 233 shares of the technology company’s stock valued at $44,000 after purchasing an additional 137 shares during the period. Finally, Iron Horse Wealth Management LLC boosted its holdings in Check Point Software Technologies by 370.6% during the fourth quarter. Iron Horse Wealth Management LLC now owns 240 shares of the technology company’s stock worth $45,000 after buying an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Analyst Upgrades and Downgrades

CHKP has been the subject of a number of analyst reports. Robert W. Baird upgraded shares of Check Point Software Technologies from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $235.00 to $255.00 in a research report on Thursday, February 27th. Truist Financial reaffirmed a “buy” rating and issued a $250.00 price target (up previously from $220.00) on shares of Check Point Software Technologies in a report on Friday, January 31st. Scotiabank raised their price objective on Check Point Software Technologies from $215.00 to $250.00 and gave the company a “sector outperform” rating in a report on Friday, January 31st. Morgan Stanley started coverage on Check Point Software Technologies in a research report on Tuesday, March 18th. They issued an “equal weight” rating and a $235.00 price objective for the company. Finally, Mizuho increased their target price on Check Point Software Technologies from $220.00 to $230.00 and gave the company a “neutral” rating in a research report on Wednesday, February 26th. Seventeen research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $229.86.

Check Point Software Technologies Stock Up 0.0 %

Shares of CHKP opened at $228.05 on Tuesday. Check Point Software Technologies Ltd. has a 52-week low of $145.75 and a 52-week high of $232.37. The stock has a fifty day simple moving average of $214.04 and a two-hundred day simple moving average of $197.46. The company has a market capitalization of $25.08 billion, a PE ratio of 30.53, a price-to-earnings-growth ratio of 3.41 and a beta of 0.62.

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.