Atlanta Capital Management Co. L L C trimmed its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 413,825 shares of the technology company’s stock after selling 8,708 shares during the period. Atlanta Capital Management Co. L L C owned approximately 0.25% of Check Point Software Technologies worth $47,184,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AXA lifted its stake in Check Point Software Technologies by 20.6% during the 2nd quarter. AXA now owns 187,805 shares of the technology company’s stock valued at $20,486,000 after acquiring an additional 32,118 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in Check Point Software Technologies by 7.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 89,147 shares of the technology company’s stock valued at $9,725,000 after acquiring an additional 5,914 shares during the period. JPMorgan Chase & Co. lifted its stake in Check Point Software Technologies by 693.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 467,485 shares of the technology company’s stock valued at $50,993,000 after acquiring an additional 408,560 shares during the period. Martin Investment Management LLC lifted its stake in Check Point Software Technologies by 17.0% during the 2nd quarter. Martin Investment Management LLC now owns 118,581 shares of the technology company’s stock valued at $12,935,000 after acquiring an additional 17,204 shares during the period. Finally, Pictet & Cie Europe SA lifted its stake in Check Point Software Technologies by 6.2% during the 2nd quarter. Pictet & Cie Europe SA now owns 17,163 shares of the technology company’s stock valued at $1,872,000 after acquiring an additional 1,000 shares during the period. Institutional investors and hedge funds own 73.93% of the company’s stock.

Several research firms recently issued reports on CHKP. OTR Global cut shares of Check Point Software Technologies to a “positive” rating in a research note on Tuesday, October 17th. Jefferies Group reiterated a “buy” rating and issued a $126.00 target price on shares of Check Point Software Technologies in a research note on Thursday, October 19th. BTIG Research cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 1st. Northland Securities set a $120.00 target price on shares of Check Point Software Technologies and gave the company a “hold” rating in a research note on Wednesday, November 1st. Finally, Cowen cut shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating and set a $112.00 target price for the company. in a research note on Wednesday, November 1st. Twenty analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $113.60.

Shares of Check Point Software Technologies Ltd. (NASDAQ CHKP) opened at $104.78 on Friday. Check Point Software Technologies Ltd. has a 1-year low of $84.00 and a 1-year high of $119.20. The stock has a market cap of $16,922.88, a price-to-earnings ratio of 21.80, a PEG ratio of 2.22 and a beta of 0.62.

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Check Point Software Technologies Company 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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