Iron Horse Wealth Management LLC Acquires 189 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Iron Horse Wealth Management LLC increased its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 370.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 240 shares of the technology company’s stock after purchasing an additional 189 shares during the period. Iron Horse Wealth Management LLC’s holdings in Check Point Software Technologies were worth $45,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Robeco Institutional Asset Management B.V. lifted its holdings in Check Point Software Technologies by 10.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,836,799 shares of the technology company’s stock worth $354,153,000 after buying an additional 177,104 shares during the period. FMR LLC raised its position in shares of Check Point Software Technologies by 28.7% during the third quarter. FMR LLC now owns 1,133,175 shares of the technology company’s stock worth $218,488,000 after acquiring an additional 252,581 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Check Point Software Technologies by 73.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,094,887 shares of the technology company’s stock worth $211,105,000 after acquiring an additional 464,821 shares during the period. Boston Trust Walden Corp boosted its holdings in Check Point Software Technologies by 26.9% in the fourth quarter. Boston Trust Walden Corp now owns 487,283 shares of the technology company’s stock valued at $90,976,000 after acquiring an additional 103,388 shares during the last quarter. Finally, Swedbank AB boosted its holdings in Check Point Software Technologies by 1.1% in the fourth quarter. Swedbank AB now owns 428,042 shares of the technology company’s stock valued at $79,915,000 after acquiring an additional 4,760 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Check Point Software Technologies Price Performance

NASDAQ:CHKP opened at $212.44 on Friday. Check Point Software Technologies Ltd. has a one year low of $145.75 and a one year high of $226.02. The company has a market cap of $23.36 billion, a PE ratio of 28.44, a PEG ratio of 3.41 and a beta of 0.65. The firm has a 50-day moving average of $190.61 and a 200-day moving average of $188.75.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CHKP. JPMorgan Chase & Co. boosted their price target on shares of Check Point Software Technologies from $207.00 to $221.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. UBS Group lifted their target price on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Susquehanna upped their price target on shares of Check Point Software Technologies from $215.00 to $255.00 and gave the company a “positive” rating in a research report on Friday, January 31st. Robert W. Baird lowered their price objective on Check Point Software Technologies from $210.00 to $205.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 price objective on shares of Check Point Software Technologies in a research note on Monday, January 27th. Nineteen research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and an average 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.