1,235 Shares in Check Point Software Technologies Ltd. (NASDAQ:CHKP) Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC acquired a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,235 shares of the technology company’s stock, valued at approximately $231,000.

Other large investors have also modified their holdings of the company. Bank of Montreal Can increased its holdings in shares of Check Point Software Technologies by 32.2% in the 3rd quarter. Bank of Montreal Can now owns 85,639 shares of the technology company’s stock worth $16,532,000 after acquiring an additional 20,866 shares during the period. Truist Financial Corp grew its position in Check Point Software Technologies by 2.6% in the 4th quarter. Truist Financial Corp now owns 119,504 shares of the technology company’s stock valued at $22,311,000 after buying an additional 3,080 shares in the last quarter. MML Investors Services LLC grew its position in Check Point Software Technologies by 3.7% in the 3rd quarter. MML Investors Services LLC now owns 103,507 shares of the technology company’s stock valued at $19,957,000 after buying an additional 3,655 shares in the last quarter. Hickory Asset Management Inc. bought a new position in Check Point Software Technologies in the 4th quarter valued at about $476,000. Finally, CIBC Asset Management Inc grew its position in Check Point Software Technologies by 14.5% in the 4th quarter. CIBC Asset Management Inc now owns 9,589 shares of the technology company’s stock valued at $1,790,000 after buying an additional 1,215 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Stock Down 2.1 %

Shares of NASDAQ:CHKP opened at $225.27 on Tuesday. The company’s fifty day moving average is $205.56 and its two-hundred day moving average is $194.97. Check Point Software Technologies Ltd. has a 12-month low of $145.75 and a 12-month high of $230.65. The company has a market cap of $24.78 billion, a P/E ratio of 30.16, a price-to-earnings-growth ratio of 3.41 and a beta of 0.62.

Analyst Ratings Changes

CHKP has been the subject of a number of recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $215.00 target price on shares of Check Point Software Technologies in a research report on Thursday, February 27th. Arete Research upgraded shares of Check Point Software Technologies to a “hold” rating in a research report on Monday, February 24th. Piper Sandler upgraded shares of Check Point Software Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $220.00 to $260.00 in a research report on Monday, March 3rd. Citigroup increased their target price on shares of Check Point Software Technologies from $185.00 to $190.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Finally, Baird R W upgraded shares of Check Point Software Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 27th. Seventeen research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $224.86.

About Check Point Software Technologies

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.