Boston Trust Walden Corp Has $90.98 Million Stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Boston Trust Walden Corp raised its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 26.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 487,283 shares of the technology company’s stock after acquiring an additional 103,388 shares during the period. Boston Trust Walden Corp’s holdings in Check Point Software Technologies were worth $90,976,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. FSA Wealth Management LLC acquired a new position in Check Point Software Technologies in the 3rd quarter valued at approximately $27,000. GAMMA Investing LLC lifted its position in shares of Check Point Software Technologies by 53.1% in the fourth quarter. GAMMA Investing LLC now owns 173 shares of the technology company’s stock worth $32,000 after buying an additional 60 shares during the last quarter. Kathleen S. Wright Associates Inc. bought a new stake in shares of Check Point Software Technologies during the 3rd quarter worth about $33,000. Concord Wealth Partners acquired a new position in shares of Check Point Software Technologies during the 3rd quarter valued at about $37,000. Finally, Exchange Traded Concepts LLC raised its stake in shares of Check Point Software Technologies by 142.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 233 shares of the technology company’s stock valued at $44,000 after acquiring an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

CHKP opened at $218.02 on Monday. The firm has a market cap of $23.98 billion, a PE ratio of 29.19, a price-to-earnings-growth ratio of 3.41 and a beta of 0.65. Check Point Software Technologies Ltd. has a twelve month low of $145.75 and a twelve month high of $226.02. The firm’s fifty day moving average is $188.67 and its two-hundred day moving average is $187.97.

Analyst Ratings Changes

Several research firms have recently issued reports on CHKP. Evercore ISI boosted their price objective on shares of Check Point Software Technologies from $180.00 to $185.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $205.00 to $195.00 in a research report on Wednesday, October 30th. Piper Sandler raised their target price on Check Point Software Technologies from $185.00 to $195.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. Truist Financial reissued a “buy” rating and issued a $250.00 price target (up previously from $220.00) on shares of Check Point Software Technologies in a report on Friday. Finally, Mizuho raised their price objective on shares of Check Point Software Technologies from $178.00 to $205.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Nineteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Check Point Software Technologies presently has an average rating of “Hold” and a consensus target price of $215.59.

Check Point Software Technologies Profile

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.