Dalton Greiner Hartman Maher & Co. cut its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 18.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 167,915 shares of the company’s stock after selling 37,594 shares during the period. Dalton Greiner Hartman Maher & Co. owned 0.10% of Check Point Software Technologies worth $13,032,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Prospera Financial Services Inc boosted its stake in Check Point Software Technologies by 20.7% in the third quarter. Prospera Financial Services Inc now owns 4,367 shares of the company’s stock worth $339,000 after buying an additional 748 shares during the period. Fox Run Management L.L.C. acquired a new stake in Check Point Software Technologies during the third quarter worth approximately $978,000. Atria Investments LLC boosted its stake in Check Point Software Technologies by 96.6% in the third quarter. Atria Investments LLC now owns 5,429 shares of the company’s stock worth $421,000 after buying an additional 2,668 shares during the period. Creative Planning boosted its stake in Check Point Software Technologies by 18.9% in the third quarter. Creative Planning now owns 6,875 shares of the company’s stock worth $534,000 after buying an additional 1,093 shares during the period. Finally, Harding Loevner LP acquired a new stake in Check Point Software Technologies during the third quarter worth approximately $188,714,000. Institutional investors own 71.38% of the company’s stock.

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

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) traded down 0.84% during trading on Monday, reaching $82.53. The company had a trading volume of 688,031 shares. Check Point Software Technologies Ltd. has a 12 month low of $71.64 and a 12 month high of $89.98. The firm has a market capitalization of $13.96 billion, a P/E ratio of 20.80 and a beta of 0.91. The firm’s 50 day moving average price is $80.92 and its 200 day moving average price is $79.81.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Monday, October 31st. The company reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.05. The firm earned $428 million during the quarter, compared to the consensus estimate of $422.79 million. Check Point Software Technologies had a return on equity of 20.32% and a net margin of 40.73%. The firm’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.04 EPS. Equities analysts predict that Check Point Software Technologies Ltd. will post $4.52 EPS for the current year.

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A number of research firms have commented on CHKP. Zacks Investment Research cut Check Point Software Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, November 17th. Wunderlich reiterated a “hold” rating and issued a $85.00 price target on shares of Check Point Software Technologies in a research note on Tuesday, November 1st. William Blair reiterated an “outperform” rating on shares of Check Point Software Technologies in a research note on Tuesday, November 1st. Robert W. Baird reiterated a “neutral” rating on shares of Check Point Software Technologies in a research note on Tuesday, November 1st. Finally, Piper Jaffray Cos. restated an “overweight” rating and issued a $100.00 price objective on shares of Check Point Software Technologies in a research note on Tuesday, November 1st. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $90.21.

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.

5 Day Chart for NASDAQ:CHKP

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