Check Point Software Technologies Ltd. (CHKP) Stake Boosted by Lenox Wealth Management Inc.

Lenox Wealth Management Inc. grew its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 32.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,378 shares of the technology company’s stock after acquiring an additional 2,063 shares during the quarter. Lenox Wealth Management Inc.’s holdings in Check Point Software Technologies were worth $955,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Segall Bryant & Hamill LLC acquired a new position in shares of Check Point Software Technologies during the third quarter valued at about $201,000. Asset Management One Co. Ltd. increased its holdings in shares of Check Point Software Technologies by 2.4% during the third quarter. Asset Management One Co. Ltd. now owns 196,125 shares of the technology company’s stock valued at $22,362,000 after acquiring an additional 4,574 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of Check Point Software Technologies by 87.5% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 30,000 shares of the technology company’s stock valued at $3,421,000 after acquiring an additional 14,000 shares in the last quarter. Sather Financial Group Inc increased its holdings in shares of Check Point Software Technologies by 3.6% during the third quarter. Sather Financial Group Inc now owns 89,358 shares of the technology company’s stock valued at $10,189,000 after acquiring an additional 3,095 shares in the last quarter. Finally, AMP Capital Investors Ltd increased its holdings in shares of Check Point Software Technologies by 42.0% during the third quarter. AMP Capital Investors Ltd now owns 58,910 shares of the technology company’s stock valued at $6,717,000 after acquiring an additional 17,419 shares in the last quarter. Hedge funds and other institutional investors own 73.93% of the company’s stock.

CHKP has been the topic of several recent analyst reports. Cowen restated a “buy” rating and set a $113.00 price objective on shares of Check Point Software Technologies in a report on Friday, September 8th. Oppenheimer reiterated a “buy” rating and issued a $128.00 price target on shares of Check Point Software Technologies in a report on Monday, October 2nd. BidaskClub upgraded shares of Check Point Software Technologies from a “hold” rating to a “buy” rating in a report on Thursday, August 24th. Jefferies Group reiterated a “buy” rating and issued a $126.00 price target on shares of Check Point Software Technologies in a report on Thursday, October 19th. Finally, Stephens downgraded shares of Check Point Software Technologies from an “overweight” rating to an “equal weight” rating and set a $110.00 price target on the stock. in a report on Wednesday, November 1st. Twenty research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $113.60.

Check Point Software Technologies Ltd. (CHKP) opened at $103.54 on Thursday. Check Point Software Technologies Ltd. has a 52-week low of $83.10 and a 52-week high of $119.20. The stock has a market capitalization of $16,777.41, a P/E ratio of 21.61, a PEG ratio of 2.20 and a beta of 0.62.

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Check Point Software Technologies Profile

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

Institutional Ownership by Quarter for Check Point Software Technologies (NASDAQ:CHKP)

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