4,064 Shares in Check Point Software Technologies Ltd. (NASDAQ:CHKP) Bought by Leo Wealth LLC

Leo Wealth LLC bought a new stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 4,064 shares of the technology company's stock, valued at approximately $759,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can boosted its holdings in Check Point Software Technologies by 32.2% during the third quarter. Bank of Montreal Can now owns 85,639 shares of the technology company's stock valued at $16,532,000 after purchasing an additional 20,866 shares in the last quarter. CWA Asset Management Group LLC bought a new stake in Check Point Software Technologies in the third quarter valued at $1,599,000. MML Investors Services LLC raised its stake in Check Point Software Technologies by 3.7% during the third quarter. MML Investors Services LLC now owns 103,507 shares of the technology company's stock worth $19,957,000 after acquiring an additional 3,655 shares in the last quarter. McHugh Group LLC bought a new position in shares of Check Point Software Technologies during the fourth quarter valued at $241,000. Finally, Martin Investment Management LLC boosted its stake in shares of Check Point Software Technologies by 2.0% in the 3rd quarter. Martin Investment Management LLC now owns 163,357 shares of the technology company's stock valued at $31,497,000 after purchasing an additional 3,225 shares in the last quarter. Institutional investors own 98.51% of the company's stock.

Check Point Software Technologies Stock Up 1.6 %

Shares of Check Point Software Technologies stock traded up $3.52 during trading on Tuesday, reaching $218.52. 1,287,989 shares of the company were exchanged, compared to its average volume of 917,688. Check Point Software Technologies Ltd. has a twelve month low of $145.75 and a twelve month high of $226.02. The business has a 50-day moving average price of $192.48 and a 200-day moving average price of $189.64. The firm has a market capitalization of $24.03 billion, a price-to-earnings ratio of 29.25, a P/E/G ratio of 3.31 and a beta of 0.65.

Analyst Ratings Changes

Several brokerages recently issued reports on CHKP. BMO Capital Markets lifted their price target on shares of Check Point Software Technologies from $215.00 to $245.00 and gave the company a "market perform" rating in a report on Monday, February 3rd. Piper Sandler raised their price objective on shares of Check Point Software Technologies from $185.00 to $195.00 and gave the stock a "neutral" rating in a report on Monday, January 6th. Morgan Stanley boosted their target price on Check Point Software Technologies from $183.00 to $200.00 and gave the stock an "equal weight" rating in a report on Friday, January 31st. Robert W. Baird dropped their price target on Check Point Software Technologies from $210.00 to $205.00 and set a "neutral" rating for the company in a report on Wednesday, October 30th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price objective on shares of Check Point Software Technologies in a research report on Monday, January 27th. Nineteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $215.59.

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.