Check Point Software Technologies Ltd. (CHKP) Shares Bought by Capital Analysts LLC

Capital Analysts LLC raised its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,166 shares of the technology company’s stock after purchasing an additional 563 shares during the quarter. Capital Analysts LLC’s holdings in Check Point Software Technologies were worth $950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Zions Bancorporation raised its stake in shares of Check Point Software Technologies by 3,700.0% during the third quarter. Zions Bancorporation now owns 874 shares of the technology company’s stock worth $100,000 after acquiring an additional 851 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of Check Point Software Technologies during the third quarter worth approximately $201,000. Montag A & Associates Inc. purchased a new position in shares of Check Point Software Technologies during the third quarter worth approximately $205,000. Dimensional Fund Advisors LP purchased a new position in shares of Check Point Software Technologies during the second quarter worth approximately $207,000. Finally, Trustcore Financial Services LLC purchased a new position in shares of Check Point Software Technologies during the fourth quarter worth approximately $218,000. Institutional investors and hedge funds own 68.46% of the company’s stock.

Check Point Software Technologies Ltd. (CHKP) opened at $104.31 on Friday. The stock has a market cap of $16,769.24, a price-to-earnings ratio of 21.64, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57. Check Point Software Technologies Ltd. has a 1 year low of $95.03 and a 1 year high of $119.20.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Wednesday, January 31st. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.20. The business had revenue of $506.00 million for the quarter, compared to the consensus estimate of $508.66 million. Check Point Software Technologies had a net margin of 43.29% and a return on equity of 22.74%. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.46 EPS. analysts anticipate that Check Point Software Technologies Ltd. will post 5.26 EPS for the current year.

Several research firms have commented on CHKP. Northland Securities set a $120.00 price target on shares of Check Point Software Technologies and gave the stock a “hold” rating in a research note on Wednesday, November 1st. BTIG Research downgraded shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 1st. BidaskClub downgraded shares of Check Point Software Technologies from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. Stifel Nicolaus reissued a “hold” rating and set a $100.00 price target on shares of Check Point Software Technologies in a research note on Friday, November 3rd. Finally, UBS Group lifted their target price on shares of Check Point Software Technologies from $108.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, twenty-two have issued a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $113.67.

COPYRIGHT VIOLATION NOTICE: “Check Point Software Technologies Ltd. (CHKP) Shares Bought by Capital Analysts LLC” was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another publication, it was illegally copied and republished in violation of U.S. and international copyright laws. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2018/02/24/check-point-software-technologies-ltd-chkp-shares-bought-by-capital-analysts-llc.html.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

Want to see what other hedge funds are holding CHKP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Check Point Software Technologies Ltd. (NASDAQ:CHKP).

Institutional Ownership by Quarter for Check Point Software Technologies (NASDAQ:CHKP)

Receive News & Ratings for Check Point Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check Point Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply