Moors & Cabot Inc. maintained its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,580 shares of the technology company’s stock at the end of the 2nd quarter. Moors & Cabot Inc.’s holdings in Check Point Software Technologies were worth $281,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings 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 buying an additional 20 shares during the period. Gateway Investment Advisers LLC lifted its holdings in Check Point Software Technologies by 1.3% during the second quarter. Gateway Investment Advisers LLC now owns 2,407 shares of the technology company’s stock worth $263,000 after buying an additional 31 shares during the period. Baldwin Investment Management LLC lifted its holdings in Check Point Software Technologies by 0.7% during the second quarter. Baldwin Investment Management LLC now owns 4,665 shares of the technology company’s stock worth $509,000 after buying an additional 34 shares during the period. Trust Co. of Vermont lifted its holdings in Check Point Software Technologies by 2.2% during the second quarter. Trust Co. of Vermont now owns 1,814 shares of the technology company’s stock worth $198,000 after buying an additional 39 shares during the period. Finally, Wetherby Asset Management Inc. lifted its holdings in Check Point Software Technologies by 0.8% during the second quarter. Wetherby Asset Management Inc. now owns 5,314 shares of the technology company’s stock worth $580,000 after buying an additional 41 shares during the period. Institutional investors own 67.83% of the company’s stock.

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A number of analysts have weighed in on the company. Stephens upped their target price on Check Point Software Technologies from $115.00 to $122.00 and gave the stock an “overweight” rating in a report on Tuesday. Piper Jaffray Companies set a $108.00 target price on Check Point Software Technologies and gave the stock a “hold” rating in a report on Friday, October 6th. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $128.00 target price on shares of Check Point Software Technologies in a report on Monday, October 2nd. Northland Securities restated a “hold” rating and set a $120.00 target price on shares of Check Point Software Technologies in a report on Thursday, September 28th. Finally, Cowen and Company restated a “buy” rating and set a $113.00 target price on shares of Check Point Software Technologies in a report on Friday, September 8th. Seventeen research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $111.56.

Check Point Software Technologies Ltd. (NASDAQ CHKP) traded up 0.53% during trading on Friday, hitting $118.38. The company had a trading volume of 117,283 shares. The firm’s 50 day moving average is $112.81 and its 200-day moving average is $109.26. The stock has a market capitalization of $19.33 billion, a price-to-earnings ratio of 26.27 and a beta of 0.72. Check Point Software Technologies Ltd. has a 52-week low of $75.65 and a 52-week high of $118.93.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, July 20th. The technology company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $458.60 million for the quarter, compared to analyst estimates of $454.62 million. Check Point Software Technologies had a net margin of 42.17% and a return on equity of 22.02%. Check Point Software Technologies’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.09 earnings per share. On average, equities analysts forecast that Check Point Software Technologies Ltd. will post $5.18 earnings per share for the current year.

About Check Point Software Technologies

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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