1,235 Shares in Check Point Software Technologies Ltd. (NASDAQ:CHKP) Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC bought a new position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,235 shares of the technology company's stock, valued at approximately $231,000.

Several other large investors also recently modified their holdings of CHKP. FSA Wealth Management LLC acquired a new stake in shares of Check Point Software Technologies during the 3rd quarter worth $27,000. GAMMA Investing LLC boosted its stake in Check Point Software Technologies by 53.1% in the fourth quarter. GAMMA Investing LLC now owns 173 shares of the technology company's stock valued at $32,000 after buying an additional 60 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in Check Point Software Technologies in the fourth quarter valued at about $35,000. Strategic Financial Concepts LLC acquired a new stake in Check Point Software Technologies in the fourth quarter valued at about $35,000. Finally, Exchange Traded Concepts LLC boosted its stake 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 buying an additional 137 shares in the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies Price Performance

NASDAQ CHKP traded down $2.88 during mid-day trading on Tuesday, reaching $222.39. 930,588 shares of the stock were exchanged, compared to its average volume of 987,936. Check Point Software Technologies Ltd. has a one year low of $145.75 and a one year high of $230.65. The stock has a 50 day simple moving average of $205.56 and a 200-day simple moving average of $194.97. The stock has a market cap of $24.46 billion, a P/E ratio of 29.77, a P/E/G ratio of 3.41 and a beta of 0.62.

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Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Morgan Stanley raised their price objective on Check Point Software Technologies from $183.00 to $200.00 and gave the company an "equal weight" rating in a research note on Friday, January 31st. BMO Capital Markets raised their price objective on Check Point Software Technologies from $215.00 to $245.00 and gave the company a "market perform" rating in a research note on Monday, February 3rd. Arete Research raised Check Point Software Technologies to a "hold" rating in a research note on Monday, February 24th. Susquehanna raised their price objective on Check Point Software Technologies from $215.00 to $255.00 and gave the company a "positive" rating in a research note on Friday, January 31st. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Check Point Software Technologies in a research note on Friday, January 31st. Seventeen research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target 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.