XTX Topco Ltd Has $2.47 Million Position in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

XTX Topco Ltd lifted its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 275.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,240 shares of the technology company's stock after acquiring an additional 9,715 shares during the period. XTX Topco Ltd's holdings in Check Point Software Technologies were worth $2,472,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Check Point Software Technologies in the 4th quarter valued at approximately $428,820,000. Geode Capital Management LLC boosted its stake in shares of Check Point Software Technologies by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 849,546 shares of the technology company's stock worth $158,035,000 after acquiring an additional 27,267 shares in the last quarter. Clearbridge Investments LLC purchased a new position in Check Point Software Technologies in the 4th quarter worth about $100,456,000. Sei Investments Co. grew its position in Check Point Software Technologies by 6.0% during the 4th quarter. Sei Investments Co. now owns 504,977 shares of the technology company's stock worth $94,279,000 after purchasing an additional 28,763 shares in the last quarter. Finally, Boston Trust Walden Corp raised its position in Check Point Software Technologies by 26.9% during the fourth quarter. Boston Trust Walden Corp now owns 487,283 shares of the technology company's stock valued at $90,976,000 after buying an additional 103,388 shares during the period. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP traded up $0.02 during mid-day trading on Friday, hitting $214.96. The company's stock had a trading volume of 824,648 shares, compared to its average volume of 767,065. Check Point Software Technologies Ltd. has a one year low of $145.75 and a one year high of $234.36. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 28.78, a price-to-earnings-growth ratio of 3.41 and a beta of 0.62. The company's fifty day simple moving average is $221.79 and its 200-day simple moving average is $201.32.

Analyst Upgrades and Downgrades

CHKP has been the subject of a number of research reports. Cantor Fitzgerald reissued a "neutral" rating and set a $200.00 target price on shares of Check Point Software Technologies in a research note on Monday, January 27th. The Goldman Sachs Group lowered shares of Check Point Software Technologies from a "buy" rating to a "neutral" rating and lifted their price target for the company from $204.00 to $207.00 in a research report on Thursday, January 2nd. Needham & Company LLC restated a "hold" rating on shares of Check Point Software Technologies in a research note on Thursday, February 27th. Jefferies Financial Group increased their target price on shares of Check Point Software Technologies from $250.00 to $255.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. Finally, StockNews.com raised shares of Check Point Software Technologies from a "hold" rating to a "buy" rating in a report on Wednesday, April 9th. Fifteen investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $235.50.

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.