Eurizon SLJ Capital Ltd purchased a new stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,445 shares of the technology company’s stock, valued at approximately $825,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Check Point Software Technologies during the third quarter valued at approximately $27,000. Ossiam increased its position in shares of Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 96 shares during the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of Check Point Software Technologies during the third quarter valued at approximately $38,000. Hilltop National Bank purchased a new stake in shares of Check Point Software Technologies during the fourth quarter valued at approximately $36,000. Finally, LRI Investments LLC increased its position in shares of Check Point Software Technologies by 100.9% during the fourth quarter. LRI Investments LLC now owns 215 shares of the technology company’s stock valued at $40,000 after acquiring an additional 108 shares during the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.
Check Point Software Technologies Price Performance
Shares of NASDAQ CHKP opened at $135.05 on Friday. The stock has a fifty day simple moving average of $134.74 and a two-hundred day simple moving average of $163.84. Check Point Software Technologies Ltd. has a 1-year low of $112.23 and a 1-year high of $233.78. The firm has a market cap of $14.26 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 3.87 and a beta of 0.43. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70.
Analyst Ratings Changes
A number of analysts recently commented on CHKP shares. Roth Mkm set a $160.00 price target on Check Point Software Technologies in a research report on Friday, May 1st. Stifel Nicolaus set a $120.00 price target on Check Point Software Technologies in a research report on Friday, May 1st. Jefferies Financial Group reissued a “buy” rating and set a $160.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. UBS Group reduced their price objective on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Finally, Truist Financial set a $150.00 price objective on Check Point Software Technologies in a report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $146.50.
Check Out Our Latest Report on Check Point Software Technologies
Check Point Software Technologies Profile
Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point’s product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.
Key product families include Quantum Security Gateways (on-premises and hybrid appliances), CloudGuard (cloud security posture and workload protection), Harmony (endpoint, remote access and unified endpoint security), and SandBlast (advanced threat prevention and sandboxing).
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