Bank Hapoalim BM Has $11.20 Million Position in Check Point Software Technologies Ltd. (CHKP)

Bank Hapoalim BM lifted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 20.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,220 shares of the technology company’s stock after buying an additional 16,591 shares during the quarter. Check Point Software Technologies comprises approximately 2.5% of Bank Hapoalim BM’s holdings, making the stock its 11th biggest position. Bank Hapoalim BM owned approximately 0.06% of Check Point Software Technologies worth $11,199,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in CHKP. Veritas Asset Management LLP bought a new position in Check Point Software Technologies during the second quarter worth $482,664,000. BT Investment Management Ltd bought a new position in Check Point Software Technologies during the second quarter worth $165,866,000. Koch Industries Inc. boosted its position in Check Point Software Technologies by 41,297.0% during the second quarter. Koch Industries Inc. now owns 1,148,354 shares of the technology company’s stock worth $1,138,000 after purchasing an additional 1,145,580 shares during the period. Janus Henderson Group PLC boosted its position in Check Point Software Technologies by 336.7% during the second quarter. Janus Henderson Group PLC now owns 1,152,428 shares of the technology company’s stock worth $125,709,000 after purchasing an additional 888,530 shares during the period. Finally, APG Asset Management N.V. boosted its position in Check Point Software Technologies by 53.0% during the third quarter. APG Asset Management N.V. now owns 2,548,811 shares of the technology company’s stock worth $290,615,000 after purchasing an additional 883,300 shares during the period. 68.53% of the stock is owned by institutional investors and hedge funds.

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A number of research firms have commented on CHKP. Northland Securities reaffirmed a “hold” rating and set a $120.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, September 28th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $128.00 price objective on shares of Check Point Software Technologies in a research report on Wednesday, November 1st. Cowen and Company cut shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating and set a $112.00 price objective for the company. in a research report on Wednesday, November 1st. Stephens cut shares of Check Point Software Technologies from an “overweight” rating to an “equal weight” rating and set a $110.00 price objective for the company. in a research report on Wednesday, November 1st. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $115.00 price objective on shares of Check Point Software Technologies in a research report on Wednesday, November 1st. Twenty analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $113.60.

Shares of Check Point Software Technologies Ltd. (NASDAQ CHKP) traded down $0.40 during midday trading on Wednesday, reaching $102.40. The company’s stock had a trading volume of 2,353,000 shares, compared to its average volume of 1,136,869. The firm has a market capitalization of $16,801.93, a P/E ratio of 21.64, a price-to-earnings-growth ratio of 2.21 and a beta of 0.67. Check Point Software Technologies Ltd. has a 12-month low of $80.78 and a 12-month high of $119.20.

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.

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

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