State of Wisconsin Investment Board decreased its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 47.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,300 shares of the technology company’s stock after selling 87,520 shares during the quarter. State of Wisconsin Investment Board owned about 0.06% of Check Point Software Technologies worth $10,980,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Polaris Greystone Financial Group LLC boosted its stake in Check Point Software Technologies by 22.8% during the 3rd quarter. Polaris Greystone Financial Group LLC now owns 18,444 shares of the technology company’s stock valued at $2,103,000 after purchasing an additional 3,429 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Check Point Software Technologies by 6.1% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 20,799 shares of the technology company’s stock valued at $2,372,000 after purchasing an additional 1,200 shares during the period. BT Investment Management Ltd boosted its stake in Check Point Software Technologies by 8.7% during the 3rd quarter. BT Investment Management Ltd now owns 1,653,543 shares of the technology company’s stock valued at $188,537,000 after purchasing an additional 132,949 shares during the period. First Merchants Corp boosted its stake in Check Point Software Technologies by 11.3% during the 3rd quarter. First Merchants Corp now owns 13,529 shares of the technology company’s stock valued at $1,543,000 after purchasing an additional 1,372 shares during the period. Finally, Andra AP fonden boosted its stake in Check Point Software Technologies by 4.8% during the 3rd quarter. Andra AP fonden now owns 149,100 shares of the technology company’s stock valued at $17,000,000 after purchasing an additional 6,800 shares during the period. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Several analysts recently weighed in on the company. Evercore ISI set a $100.00 target price on Check Point Software Technologies and gave the company a “hold” rating in a research note on Friday, August 11th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $128.00 target price on shares of Check Point Software Technologies in a research note on Wednesday, July 26th. Cowen and Company restated a “buy” rating and set a $113.00 target price on shares of Check Point Software Technologies in a research note on Friday, July 21st. Citigroup Inc. increased their target price on Check Point Software Technologies from $111.00 to $112.00 and gave the company a “neutral” rating in a research note on Friday, July 21st. Finally, Northland Securities restated a “hold” rating and set a $120.00 target price on shares of Check Point Software Technologies in a research note on Thursday, September 28th. Twenty equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Check Point Software Technologies presently has a consensus rating of “Hold” and an average target price of $113.60.

Check Point Software Technologies Ltd. (NASDAQ CHKP) opened at $103.05 on Thursday. Check Point Software Technologies Ltd. has a twelve month low of $80.78 and a twelve month high of $119.20. The stock has a market capitalization of $16,736.55, a P/E ratio of 21.56, a PEG ratio of 2.20 and a beta of 0.67.

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Check Point Software Technologies Company 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.

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

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