OneAscent Financial Services LLC Acquires 571 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

OneAscent Financial Services LLC lifted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 17.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,777 shares of the technology company’s stock after buying an additional 571 shares during the quarter. OneAscent Financial Services LLC’s holdings in Check Point Software Technologies were worth $502,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CHKP. Ellevest Inc. lifted its holdings in shares of Check Point Software Technologies by 467.6% during the third quarter. Ellevest Inc. now owns 210 shares of the technology company’s stock worth $25,000 after buying an additional 173 shares in the last quarter. RMR Wealth Builders acquired a new stake in shares of Check Point Software Technologies during the second quarter worth $40,000. Dupont Capital Management Corp acquired a new stake in shares of Check Point Software Technologies during the third quarter worth $48,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Check Point Software Technologies during the third quarter worth $50,000. Finally, Flagship Harbor Advisors LLC increased its position in shares of Check Point Software Technologies by 23.7% in the third quarter. Flagship Harbor Advisors LLC now owns 460 shares of the technology company’s stock worth $55,000 after purchasing an additional 88 shares during the period. 67.86% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies stock opened at $129.68 on Thursday. The stock has a fifty day simple moving average of $126.23 and a two-hundred day simple moving average of $122.24. Check Point Software Technologies Ltd. has a 12 month low of $80.06 and a 12 month high of $139.26. The firm has a market cap of $18.86 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 2.91 and a beta of 0.66.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, October 22nd. The technology company reported $1.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.11. Check Point Software Technologies had a return on equity of 25.10% and a net margin of 41.47%. The business had revenue of $509.00 million during the quarter, compared to analyst estimates of $504.47 million. During the same quarter in the previous year, the company posted $1.44 earnings per share. Check Point Software Technologies’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, research analysts expect that Check Point Software Technologies Ltd. will post 6.04 earnings per share for the current fiscal year.

A number of research analysts have issued reports on CHKP shares. Mizuho lifted their target price on Check Point Software Technologies from $130.00 to $135.00 and gave the company a “neutral” rating in a research report on Tuesday. ValuEngine cut Check Point Software Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, December 17th. BTIG Research lifted their target price on Check Point Software Technologies from $143.00 to $153.00 and gave the company a “buy” rating in a research report on Thursday, December 31st. OTR Global upgraded Check Point Software Technologies to a “positive” rating in a research report on Friday, January 8th. Finally, The Goldman Sachs Group upgraded Check Point Software Technologies from a “sell” rating to a “neutral” rating and set a $128.00 target price on the stock in a research report on Sunday, October 25th. Five research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $122.71.

About Check Point Software Technologies

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a portfolio of network security, endpoint security, data security, and management solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against 5th and 6th generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile; Check Point Network Security, security gateways and software platforms that support small business and large enterprise data center and telco-grade environment; and Check Point SandBlast family for threat prevention and zero-day protections.

Read More: Why is a lock-up period needed for an IPO?

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

Receive News & Ratings for Check Point Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check Point Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.