Brown Advisory Inc. lessened its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 9.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 28,958 shares of the technology company’s stock after selling 3,084 shares during the quarter. Brown Advisory Inc.’s holdings in Check Point Software Technologies were worth $3,302,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of CHKP. BB&T Investment Services Inc. purchased a new stake in Check Point Software Technologies during the second quarter worth approximately $100,000. Acrospire Investment Management LLC lifted its stake in Check Point Software Technologies by 150.0% during the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the technology company’s stock worth $109,000 after purchasing an additional 600 shares during the last quarter. Fiduciary Trust Co. purchased a new stake in Check Point Software Technologies during the second quarter worth approximately $145,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Check Point Software Technologies by 1.4% during the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,425 shares of the technology company’s stock worth $151,000 after purchasing an additional 20 shares during the last quarter. Finally, Tower Research Capital LLC TRC purchased a new stake in Check Point Software Technologies during the second quarter worth approximately $155,000. Hedge funds and other institutional investors own 73.93% of the company’s stock.

Several equities research analysts recently weighed in on CHKP shares. Cowen restated a “buy” rating and set a $113.00 target price on shares of Check Point Software Technologies in a research note on Friday, September 8th. Credit Suisse Group started coverage on Check Point Software Technologies in a research note on Tuesday, September 5th. They set a “neutral” rating and a $110.00 target price for the company. BTIG Research cut Check Point Software Technologies from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 1st. Jefferies Group restated a “buy” rating and set a $126.00 target price on shares of Check Point Software Technologies in a research note on Thursday, October 19th. Finally, Stifel Nicolaus restated a “hold” rating and set a $100.00 target price on shares of Check Point Software Technologies in a research note on Friday, November 3rd. Twenty equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $113.60.

Check Point Software Technologies Ltd. (CHKP) opened at $103.54 on Thursday. The stock has a market capitalization of $16,777.41, a P/E ratio of 21.61, a PEG ratio of 2.20 and a beta of 0.62. Check Point Software Technologies Ltd. has a twelve month low of $83.10 and a twelve month high of $119.20.

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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.

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

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