Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,769 shares of the technology company’s stock after acquiring an additional 700 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Check Point Software Technologies were worth $4,210,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in CHKP. BB&T Investment Services Inc. bought a new position in Check Point Software Technologies during the second quarter worth about $100,000. Acrospire Investment Management LLC lifted its holdings in shares of Check Point Software Technologies by 150.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,000 shares of the technology company’s stock valued at $109,000 after purchasing an additional 600 shares in the last quarter. Fiduciary Trust Co. bought a new position in shares of Check Point Software Technologies during the 2nd quarter valued at about $145,000. Tower Research Capital LLC TRC bought a new position in shares of Check Point Software Technologies during the 2nd quarter valued at about $155,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Check Point Software Technologies by 1.4% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,425 shares of the technology company’s stock valued at $151,000 after acquiring an additional 20 shares in the last quarter. Institutional investors own 73.93% of the company’s stock.

Shares of Check Point Software Technologies Ltd. (CHKP) opened at $104.78 on Monday. Check Point Software Technologies Ltd. has a 1 year low of $84.00 and a 1 year high of $119.20. The firm has a market capitalization of $17,125.55, a price-to-earnings ratio of 22.06, a P/E/G ratio of 2.25 and a beta of 0.62.

Several equities research analysts have commented on CHKP shares. BidaskClub upgraded Check Point Software Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, August 24th. Cowen restated a “buy” rating and issued a $113.00 target price on shares of Check Point Software Technologies in a research note on Friday, September 8th. Oppenheimer restated a “buy” rating and issued a $128.00 target price on shares of Check Point Software Technologies in a research note on Monday, October 2nd. Jefferies Group restated a “buy” rating and issued a $126.00 target price on shares of Check Point Software Technologies in a research note on Thursday, October 19th. Finally, Stephens cut Check Point Software Technologies from an “overweight” rating to an “equal weight” rating and set a $110.00 target price on the stock. in a research note on Wednesday, November 1st. Twenty research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $113.60.

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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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