Seizert Capital Partners LLC Sells 21,737 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Seizert Capital Partners LLC cut its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 17.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 102,000 shares of the technology company's stock after selling 21,737 shares during the period. Seizert Capital Partners LLC owned 0.09% of Check Point Software Technologies worth $19,043,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FSA Wealth Management LLC purchased a new stake in shares of Check Point Software Technologies during the 3rd quarter valued at $27,000. GAMMA Investing LLC boosted its stake in shares of Check Point Software Technologies by 53.1% during the 4th quarter. GAMMA Investing LLC now owns 173 shares of the technology company's stock valued at $32,000 after purchasing an additional 60 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $35,000. Strategic Financial Concepts LLC bought a new stake in Check Point Software Technologies during the fourth quarter worth about $35,000. Finally, Exchange Traded Concepts LLC raised its holdings 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 worth $44,000 after buying an additional 137 shares during the last quarter. 98.51% of the stock is owned by institutional investors.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP traded up $0.38 during mid-day trading on Wednesday, hitting $221.60. The company's stock had a trading volume of 1,026,672 shares, compared to its average volume of 923,909. The stock has a market cap of $24.37 billion, a price-to-earnings ratio of 29.67, a price-to-earnings-growth ratio of 3.41 and a beta of 0.65. Check Point Software Technologies Ltd. has a one year low of $145.75 and a one year high of $226.02. The company's fifty day simple moving average is $203.30 and its 200-day simple moving average is $194.14.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. BMO Capital Markets upped their target price 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. Mizuho increased their target price on shares of Check Point Software Technologies from $220.00 to $230.00 and gave the company a "neutral" rating in a research note on Wednesday, February 26th. StockNews.com cut shares of Check Point Software Technologies from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 price target on shares of Check Point Software Technologies in a report on Monday, January 27th. Finally, Jefferies Financial Group raised their price target on shares of Check Point Software Technologies from $250.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. Eighteen research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Check Point Software Technologies currently has a consensus rating of "Hold" and a consensus price target of $224.86.

About Check Point Software Technologies

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.