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Brown Advisory Inc. has reduced its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ: CHKP) 22.1% in the first quarter, according to its latest filing with the Securities and Exchange Commission, which held 21,898 shares of the technology company after selling 6,203 shares during the quarter. of Brown Advisory Inc. in Check Point Software Technologies Worth $ 2,175,000
Several other hedge funds and other institutional investors have also changed their positions on CHKP, while Mbadachusetts Financial Services Co. MA has increased its stake in Check Point Software Technologies of 7.0% in the 1st quarter. Financial Services Co. MA now holds 12,411,680 shares in the technology company valued at $ 1,232,978,000 after the purchase of 810,803 shares BlackRock Inc. increased its stake in Check Point Software Technologies by 3.3% in the first quarter. BlackRock Inc. now holds 5,173,811 shares in the technology company valued at $ 513,965,000 after purchasing an additional 165,551 shares during the period. Alecta Pensionsforsakring Omsesidigt increased its stake in Check Point Software Technologies by 4.8% in Q1. Alecta Pensionsforsakring Omsesidigt now holds 4,905,000 shares in the technology company, valued at $ 487,214,000, after purchasing 225,000 additional shares during the period. FIL Ltd increased its stake in Check Point Software Technologies by 50.4% in Q1. FIL Ltd. now holds 2,590,559 shares in the technology company valued at $ 257,346,000 after purchasing 868,345 additional shares during the period. Finally, Wells Fargo & Company MN strengthened its stake in Check Point Software Technologies by 29.0% in the first quarter. Wells Fargo & Company MN now holds 2,121,257 shares in the technology business valued at $ 210,726,000 after purchasing an additional 477,013 shares during the period. Institutional investors own 65.68% of the shares of the company.
Check Point Software Technologies shares opened Friday at $ 102.81, according to MarketBeat Ratings. Check Point Software Technologies Ltd. has a minimum of $ 93.76 over 12 months and $ 119.20 over 12 months. The stock has a market capitalization of 16.34 billion, a price / earnings ratio of 21.02, a PEG ratio of 2.02 and a beta of 0.64.
Check Point Software Technologies (NASDAQ: CHKP) released its financial results for the last time on Wednesday, April 25th. The technology company reported earnings per share (EPS) of $ 1.30 for the quarter, leading consensus badyst estimates of $ 1.28 per $ 0.02. Check Point Software Technologies posted a return on equity of 22.83% and a net margin of 43.15%. During the quarter, the company achieved a turnover of $ 452.30 million, against $ 452.13 million for badysts. In the same quarter of the previous year, the company earned $ 1.20 per share. Company revenues for the quarter increased 3.9% from the same quarter last year. Stock badysts predict that Check Point Software Technologies Ltd. will post 5.12 earnings per share for the current year.
Several badysts have recently published reports on society. OTR Global has updated the Check Point software technologies to a "positive" rating in a research note released on Friday. BidaskClub has updated Check Point's software technologies from a "sales" rating to a "conservation" rating in a research note on Thursday, June 28th. Zacks Investment Research upgraded Check Point's software technologies from a "sale" rating to a "keep" rating in a research note on Tuesday, June 26th. ValuEngine downgraded Check Point's software technologies from a "hold" rating to a "sell" rating in a research note on Wednesday, May 16th. Finally, Argus downgraded Check Point Software Technologies from a "buy" rating to a "hold" rating and raised its price target for the company from $ 119.20 to $ 124.00 in a report on Wednesday 9. may. An investment badyst rated the stock with a sale rating, twenty-four issued a standby note and three gave a buy-to-action rating of the company. The stock has an average rating of "Hold" and an average price target of $ 109.05
Check Point Software Technology Profile
Check Point Software Technologies Ltd. develops, markets and supports a range of products and services for IT security around the world. The company offers a portfolio of network and gateway solutions, management solutions and data security solutions and terminals. It provides Check Point Infinity Architecture, a cybersecurity architecture that protects against 5th generation mega-attacks on different networks, terminals, cloud and mobile; security gateways from platforms for small and small offices, high-end, demanding data centers, and perimeter environments; and the Check Point SandBlast Family for Threat Prevention and Zero Day Protection
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