750 Shares in Check Point Software Technologies Ltd. (NASDAQ:CHKP) Bought by S.A. Mason LLC

S.A. Mason LLC purchased a new stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 750 shares of the technology company’s stock, valued at approximately $140,000.

Other hedge funds have also modified their holdings of the company. Robeco Institutional Asset Management B.V. boosted its position in Check Point Software Technologies by 10.7% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,836,799 shares of the technology company’s stock valued at $354,153,000 after buying an additional 177,104 shares during the last quarter. FMR LLC boosted its holdings in shares of Check Point Software Technologies by 28.7% in the 3rd quarter. FMR LLC now owns 1,133,175 shares of the technology company’s stock valued at $218,488,000 after acquiring an additional 252,581 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Check Point Software Technologies by 73.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,094,887 shares of the technology company’s stock worth $211,105,000 after acquiring an additional 464,821 shares during the period. Swedbank AB raised its holdings in shares of Check Point Software Technologies by 1.1% during the fourth quarter. Swedbank AB now owns 428,042 shares of the technology company’s stock worth $79,915,000 after purchasing an additional 4,760 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in Check Point Software Technologies by 8.9% in the third quarter. New York State Common Retirement Fund now owns 298,547 shares of the technology company’s stock valued at $57,563,000 after purchasing an additional 24,421 shares during the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CHKP shares. Barclays boosted their price objective on Check Point Software Technologies from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Thursday. Mizuho boosted their price target on Check Point Software Technologies from $178.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Piper Sandler raised their price objective on shares of Check Point Software Technologies from $185.00 to $195.00 and gave the stock a “neutral” rating in a research note on Monday, January 6th. BMO Capital Markets boosted their target price on shares of Check Point Software Technologies from $200.00 to $238.00 and gave the company a “market perform” rating in a research note on Friday, October 25th. Finally, Evercore ISI increased their price target on shares of Check Point Software Technologies from $180.00 to $185.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Nineteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and a consensus target price of $215.27.

Check Point Software Technologies Stock Down 0.4 %

Shares of CHKP opened at $218.02 on Monday. Check Point Software Technologies Ltd. has a 52-week low of $145.75 and a 52-week high of $226.02. The stock has a market cap of $23.98 billion, a PE ratio of 29.19, a price-to-earnings-growth ratio of 3.41 and a beta of 0.65. The firm’s fifty day moving average is $188.67 and its two-hundred day moving average is $187.85.

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.