Mutual of America Capital Management LLC Acquires 3,489 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Mutual of America Capital Management LLC boosted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,913 shares of the technology company's stock after buying an additional 3,489 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.07% of Check Point Software Technologies worth $13,613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. FSA Wealth Management LLC bought a new position in shares of Check Point Software Technologies during the 3rd quarter valued at $27,000. GAMMA Investing LLC lifted its stake in shares of Check Point Software Technologies by 53.1% in the 4th quarter. GAMMA Investing LLC now owns 173 shares of the technology company's stock valued at $32,000 after acquiring an additional 60 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Check Point Software Technologies during the 4th quarter worth approximately $35,000. Strategic Financial Concepts LLC purchased a new position in Check Point Software Technologies in the 4th quarter worth approximately $35,000. Finally, Exchange Traded Concepts LLC lifted its position in Check Point Software Technologies by 142.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 233 shares of the technology company's stock valued at $44,000 after purchasing an additional 137 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Stock Up 0.0 %

Shares of NASDAQ:CHKP traded up $0.06 on Tuesday, hitting $221.15. 711,685 shares of the company traded hands, compared to its average volume of 907,979. The stock has a 50 day simple moving average of $202.03 and a 200-day simple moving average of $193.70. The company has a market cap of $24.32 billion, a PE ratio of 29.62, a PEG ratio of 3.41 and a beta of 0.65. Check Point Software Technologies Ltd. has a 52 week low of $145.75 and a 52 week high of $226.02.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Scotiabank upped their price target on shares of Check Point Software Technologies from $215.00 to $250.00 and gave the company a "sector outperform" rating in a report on Friday, January 31st. Stifel Nicolaus increased their target price on shares of Check Point Software Technologies from $190.00 to $220.00 and gave the stock a "hold" rating in a report on Friday, January 31st. Royal Bank of Canada reissued a "sector perform" rating and issued a $215.00 target price on shares of Check Point Software Technologies in a research note on Thursday, February 27th. Guggenheim reaffirmed a "neutral" rating on shares of Check Point Software Technologies in a research report on Friday, January 31st. Finally, Mizuho lifted their price objective on Check Point Software Technologies from $220.00 to $230.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 26th. Eighteen equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $224.86.

Check Point Software Technologies 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.