Zions Bancorporation boosted its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 3,700.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 874 shares of the technology company’s stock after acquiring an additional 851 shares during the quarter. Zions Bancorporation’s holdings in Check Point Software Technologies were worth $100,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CHKP. Harding Loevner LP raised its position in Check Point Software Technologies by 3,559.4% in the third quarter. Harding Loevner LP now owns 214,296,110 shares of the technology company’s stock worth $495,041,000 after acquiring an additional 208,440,017 shares in the last quarter. Veritas Asset Management LLP bought a new stake in Check Point Software Technologies in the second quarter worth about $482,664,000. BT Investment Management Ltd bought a new stake in Check Point Software Technologies in the second quarter worth about $165,866,000. Koch Industries Inc. raised its position in Check Point Software Technologies by 41,297.0% in the second quarter. Koch Industries Inc. now owns 1,148,354 shares of the technology company’s stock worth $1,138,000 after acquiring an additional 1,145,580 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in Check Point Software Technologies by 336.7% in the second quarter. Janus Henderson Group PLC now owns 1,152,428 shares of the technology company’s stock worth $125,709,000 after acquiring an additional 888,530 shares in the last quarter. Hedge funds and other institutional investors own 73.93% of the company’s stock.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) opened at $107.22 on Friday. Check Point Software Technologies Ltd. has a 12 month low of $84.00 and a 12 month high of $119.20. The firm has a market capitalization of $17,395.23, a PE ratio of 22.41, a price-to-earnings-growth ratio of 2.28 and a beta of 0.62.

Several brokerages have commented on CHKP. OTR Global cut shares of Check Point Software Technologies to a “positive” rating in a research report on Tuesday, October 17th. Jefferies Group reissued a “buy” rating and issued a $126.00 price target on shares of Check Point Software Technologies in a research note on Thursday, October 19th. BTIG Research cut 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 price target on Check Point Software Technologies and gave the stock a “hold” rating in a research note on Wednesday, November 1st. Finally, Cowen cut Check Point Software Technologies from an “outperform” rating to a “market perform” rating and set a $112.00 price target on the stock. in a research note on Wednesday, November 1st. Twenty investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $113.60.

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About Check Point Software Technologies

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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