Twin City Private Wealth LLC Acquires 150 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Twin City Private Wealth LLC lifted its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 2.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,744 shares of the technology company’s stock after purchasing an additional 150 shares during the period. Twin City Private Wealth LLC’s holdings in Check Point Software Technologies were worth $1,072,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CHKP. Pathstone Holdings LLC lifted its stake in shares of Check Point Software Technologies by 138.3% in the 3rd quarter. Pathstone Holdings LLC now owns 19,232 shares of the technology company’s stock worth $3,708,000 after purchasing an additional 11,160 shares during the period. Cerity Partners LLC raised its stake in Check Point Software Technologies by 34.2% during the 3rd quarter. Cerity Partners LLC now owns 5,304 shares of the technology company’s stock worth $1,023,000 after acquiring an additional 1,353 shares during the period. Kingsview Wealth Management LLC raised its stake in Check Point Software Technologies by 9.0% during the 3rd quarter. Kingsview Wealth Management LLC now owns 1,834 shares of the technology company’s stock worth $354,000 after acquiring an additional 152 shares during the period. Larson Financial Group LLC raised its stake in Check Point Software Technologies by 21.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,087 shares of the technology company’s stock worth $210,000 after acquiring an additional 192 shares during the period. Finally, Centaurus Financial Inc. raised its stake in Check Point Software Technologies by 36.4% during the 3rd quarter. Centaurus Financial Inc. now owns 2,543 shares of the technology company’s stock worth $490,000 after acquiring an additional 678 shares during the period. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Down 0.5 %

NASDAQ CHKP opened at $227.97 on Monday. The company has a fifty day moving average of $213.13 and a two-hundred day moving average of $197.18. The firm has a market capitalization of $25.07 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 3.41 and a beta of 0.62. Check Point Software Technologies Ltd. has a 52 week low of $145.75 and a 52 week high of $232.37.

Analyst Ratings Changes

CHKP has been the topic of a number of recent analyst reports. Guggenheim restated a “neutral” rating on shares of Check Point Software Technologies in a research note on Friday, January 31st. Jefferies Financial Group raised their target price on shares of Check Point Software Technologies from $250.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, February 27th. Scotiabank raised their target price on shares of Check Point Software Technologies from $215.00 to $250.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 31st. Arete Research upgraded shares of Check Point Software Technologies to a “hold” rating in a research note on Monday, February 24th. Finally, StockNews.com raised shares of Check Point Software Technologies from a “hold” rating to a “buy” rating in a report on Friday. Seventeen investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Check Point Software Technologies presently has an average rating of “Hold” and a consensus price target of $229.86.

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.