Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $2.74 Million Position in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 0.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,661 shares of the technology company’s stock after buying an additional 61 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Check Point Software Technologies were worth $2,737,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of CHKP. Gitterman Wealth Management LLC boosted its holdings in Check Point Software Technologies by 3.2% in the fourth quarter. Gitterman Wealth Management LLC now owns 1,533 shares of the technology company’s stock valued at $286,000 after acquiring an additional 48 shares during the last quarter. Argonautica Private Wealth Management Inc. boosted its stake in shares of Check Point Software Technologies by 0.9% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 6,002 shares of the technology company’s stock valued at $1,121,000 after purchasing an additional 56 shares during the last quarter. Regatta Capital Group LLC grew its position in shares of Check Point Software Technologies by 4.9% during the 4th quarter. Regatta Capital Group LLC now owns 1,229 shares of the technology company’s stock worth $229,000 after buying an additional 57 shares during the period. Kingsview Wealth Management LLC raised its stake in shares of Check Point Software Technologies by 3.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,891 shares of the technology company’s stock worth $353,000 after buying an additional 57 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Check Point Software Technologies by 53.1% in the fourth quarter. GAMMA Investing LLC now owns 173 shares of the technology company’s stock valued at $32,000 after buying an additional 60 shares during the period. 98.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CHKP has been the subject of a number of analyst reports. Baird R W raised shares of Check Point Software Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 27th. UBS Group increased their target price on Check Point Software Technologies from $200.00 to $230.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. BMO Capital Markets boosted their target price on Check Point Software Technologies from $215.00 to $245.00 and gave the stock a “market perform” rating in a research report on Monday, February 3rd. The Goldman Sachs Group downgraded shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and increased their price target for the company from $204.00 to $207.00 in a research report on Thursday, January 2nd. Finally, Arete Research upgraded shares of Check Point Software Technologies to a “hold” rating in a report on Monday, February 24th. Seventeen equities 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’s stock. Based on data from MarketBeat.com, Check Point Software Technologies currently has a consensus rating of “Hold” and a consensus price target of $229.86.

Check Point Software Technologies Trading Up 0.0 %

Check Point Software Technologies stock opened at $228.05 on Tuesday. Check Point Software Technologies Ltd. has a 1-year low of $145.75 and a 1-year high of $232.37. The company has a fifty day simple moving average of $214.04 and a 200 day simple moving average of $197.46. The company has a market cap of $25.08 billion, a P/E 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.