AMP Capital Investors Ltd grew its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 42.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,910 shares of the technology company’s stock after buying an additional 17,419 shares during the quarter. AMP Capital Investors Ltd’s holdings in Check Point Software Technologies were worth $6,717,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. BB&T Investment Services Inc. purchased a new stake in shares of Check Point Software Technologies during the 2nd quarter valued at $100,000. Acrospire Investment Management LLC raised its position 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 buying an additional 600 shares in the last quarter. Fiduciary Trust Co. purchased a new stake in shares of Check Point Software Technologies during the 2nd quarter valued at $145,000. Tower Research Capital LLC TRC purchased a new stake in shares of Check Point Software Technologies during the 2nd quarter valued at $155,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in shares of Check Point Software Technologies by 1.4% during 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 buying an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 73.93% of the company’s stock.

Several research firms have recently weighed in on CHKP. Northland Securities restated a “hold” rating and set a $120.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, September 28th. BidaskClub upgraded shares of Check Point Software Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday. J P Morgan Chase & Co cut shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $121.00 price objective on the stock. in a research report on Tuesday. Oppenheimer restated a “buy” rating and set a $128.00 price objective on shares of Check Point Software Technologies in a research report on Monday, October 2nd. Finally, Credit Suisse Group restated a “neutral” rating and set a $105.00 price objective (down previously from $110.00) on shares of Check Point Software Technologies in a research report on Wednesday, November 1st. Twenty investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $113.60.

Shares of Check Point Software Technologies Ltd. (CHKP) opened at $106.43 on Thursday. The stock has a market cap of $17,430.00, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 2.27 and a beta of 0.62. Check Point Software Technologies Ltd. has a twelve month low of $84.00 and a twelve month high of $119.20.

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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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