Sei Investments Co. raised its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 12.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,859 shares of the technology company’s stock after acquiring an additional 12,930 shares during the period. Sei Investments Co. owned 0.07% of Check Point Software Technologies worth $13,666,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. BB&T Investment Services Inc. bought a new stake in shares of Check Point Software Technologies during the second quarter valued at approximately $100,000. Acrospire Investment Management LLC raised its holdings in shares of 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 valued at $109,000 after buying an additional 600 shares during the last quarter. Fiduciary Trust Co. bought a new stake in shares of Check Point Software Technologies during the second quarter valued at approximately $145,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in shares of 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 valued at $151,000 after buying an additional 20 shares during the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Check Point Software Technologies during the second quarter valued at approximately $155,000. Institutional investors own 68.53% of the company’s stock.

Several brokerages recently commented on CHKP. Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $128.00 target price on shares of Check Point Software Technologies in a report on Tuesday, August 15th. Argus reissued a “buy” rating and set a $124.00 target price (up previously from $115.00) on shares of Check Point Software Technologies in a report on Tuesday, July 25th. BMO Capital Markets reissued a “market perform” rating and set a $115.00 target price (down previously from $117.00) on shares of Check Point Software Technologies in a report on Friday, July 21st. Credit Suisse Group began coverage on Check Point Software Technologies in a report on Tuesday, September 5th. They set a “neutral” rating and a $110.00 target price on the stock. Finally, Jefferies Group LLC reissued a “buy” rating and set a $126.00 target price on shares of Check Point Software Technologies in a report on Thursday, October 19th. Twenty 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 price target of $113.60.

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Check Point Software Technologies Ltd. (CHKP) opened at $103.01 on Friday. Check Point Software Technologies Ltd. has a 52-week low of $80.78 and a 52-week high of $119.20. The firm has a market cap of $16,842.79, a P/E ratio of 21.69, a price-to-earnings-growth ratio of 2.21 and a beta of 0.67.

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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