136,481 Shares in Check Point Software Technologies Ltd. (NASDAQ:CHKP) Purchased by Aware Super Pty Ltd as trustee of Aware Super

Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 136,481 shares of the technology company's stock, valued at approximately $25,481,000. Aware Super Pty Ltd as trustee of Aware Super owned 0.12% of Check Point Software Technologies at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nemes Rush Group LLC purchased a new stake in shares of Check Point Software Technologies during the 4th quarter worth about $25,000. GAMMA Investing LLC increased its position in shares of Check Point Software Technologies by 53.1% in the fourth quarter. GAMMA Investing LLC now owns 173 shares of the technology company's stock worth $32,000 after acquiring an additional 60 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Check Point Software Technologies in the fourth quarter worth $35,000. Exchange Traded Concepts LLC raised its stake in shares of Check Point Software Technologies by 142.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 233 shares of the technology company's stock valued at $44,000 after acquiring an additional 137 shares during the period. Finally, Iron Horse Wealth Management LLC lifted its holdings in shares of Check Point Software Technologies by 370.6% during the 4th quarter. Iron Horse Wealth Management LLC now owns 240 shares of the technology company's stock valued at $45,000 after acquiring an additional 189 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Check Point Software Technologies Trading Up 0.0 %

NASDAQ:CHKP traded up $0.02 during mid-day trading on Friday, hitting $214.96. The stock had a trading volume of 824,648 shares, compared to its average volume of 767,669. The company has a 50 day simple moving average of $221.71 and a 200-day simple moving average of $201.50. The stock has a market capitalization of $23.64 billion, a price-to-earnings ratio of 28.78, a P/E/G ratio of 3.41 and a beta of 0.62. Check Point Software Technologies Ltd. has a 52 week low of $145.75 and a 52 week high of $234.36.

Analyst Upgrades and Downgrades

CHKP has been the topic of a number of recent research reports. Scotiabank boosted their price objective on Check Point Software Technologies from $215.00 to $250.00 and gave the stock a "sector outperform" rating in a research note on Friday, January 31st. Citigroup boosted their price target on Check Point Software Technologies from $185.00 to $190.00 and gave the stock a "neutral" rating in a research report on Friday, January 17th. Jefferies Financial Group increased their price objective on shares of Check Point Software Technologies from $250.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Compass Point set a $260.00 target price on shares of Check Point Software Technologies in a research note on Thursday, March 27th. Finally, BMO Capital Markets raised shares of Check Point Software Technologies from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $245.00 to $275.00 in a research note on Friday, March 28th. Fifteen analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $235.50.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.