Copperleaf Capital LLC Acquires 264 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Copperleaf Capital LLC raised its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 4.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,724 shares of the technology company’s stock after purchasing an additional 264 shares during the quarter. Copperleaf Capital LLC’s holdings in Check Point Software Technologies were worth $1,255,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHKP. Bank of Montreal Can grew its position in shares of Check Point Software Technologies by 32.2% in the third quarter. Bank of Montreal Can now owns 85,639 shares of the technology company’s stock valued at $16,532,000 after purchasing an additional 20,866 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in Check Point Software Technologies during the third quarter worth approximately $1,599,000. MML Investors Services LLC grew its position in Check Point Software Technologies by 3.7% during the third quarter. MML Investors Services LLC now owns 103,507 shares of the technology company’s stock worth $19,957,000 after buying an additional 3,655 shares in the last quarter. McHugh Group LLC acquired a new stake in Check Point Software Technologies during the fourth quarter worth approximately $241,000. Finally, Martin Investment Management LLC grew its position in Check Point Software Technologies by 2.0% during the third quarter. Martin Investment Management LLC now owns 163,357 shares of the technology company’s stock worth $31,497,000 after buying an additional 3,225 shares in the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

CHKP stock opened at $222.09 on Friday. The company has a market capitalization of $24.43 billion, a P/E ratio of 29.73, a price-to-earnings-growth ratio of 3.31 and a beta of 0.65. Check Point Software Technologies Ltd. has a 52-week low of $145.75 and a 52-week high of $226.02. The business has a 50-day simple moving average of $195.01 and a two-hundred day simple moving average of $190.57.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Susquehanna increased their price target on Check Point Software Technologies from $215.00 to $255.00 and gave the stock a “positive” rating in a research report on Friday, January 31st. Truist Financial reaffirmed a “buy” rating and issued a $250.00 target price (up previously from $220.00) on shares of Check Point Software Technologies in a report on Friday, January 31st. JPMorgan Chase & Co. raised their target price on Check Point Software Technologies from $207.00 to $221.00 and gave the company a “neutral” rating in a report on Friday, January 31st. Citigroup raised their target price on Check Point Software Technologies from $185.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Finally, Morgan Stanley raised their target price on Check Point Software Technologies from $183.00 to $200.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Nineteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $215.59.

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.