Maia Wealth LLC Has $1.96 Million Stock Holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Maia Wealth LLC grew its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 21.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,869 shares of the technology company’s stock after acquiring an additional 1,744 shares during the period. Maia Wealth LLC’s holdings in Check Point Software Technologies were worth $1,956,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. increased its stake in shares of 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 purchasing an additional 177,104 shares during the last quarter. FMR LLC increased its position in 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 buying an additional 252,581 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in 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 valued at $211,105,000 after buying an additional 464,821 shares during the period. Boston Trust Walden Corp lifted its position in shares of 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 buying an additional 103,388 shares during the last quarter. Finally, Swedbank AB boosted its stake in shares of Check Point Software Technologies by 1.1% during the 4th quarter. Swedbank AB now owns 428,042 shares of the technology company’s stock worth $79,915,000 after acquiring an additional 4,760 shares during the period. Institutional investors and hedge funds own 98.51% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on CHKP. The Goldman Sachs Group downgraded Check Point Software Technologies from a “buy” rating to a “neutral” rating and raised their price target for the company from $204.00 to $207.00 in a report on Thursday, January 2nd. Jefferies Financial Group raised their target price on shares of Check Point Software Technologies from $250.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday. 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 note on Friday, January 31st. Baird R W upgraded shares of Check Point Software Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $215.00 target price on shares of Check Point Software Technologies in a research report on Thursday. Nineteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Check Point Software Technologies has an average rating of “Hold” and a consensus price target of $221.91.

Check Point Software Technologies Stock Up 1.6 %

NASDAQ:CHKP opened at $220.26 on Friday. Check Point Software Technologies Ltd. has a twelve month low of $145.75 and a twelve month high of $226.02. The stock’s 50-day simple moving average is $201.38 and its 200 day simple moving average is $193.38. The firm has a market capitalization of $24.22 billion, a PE ratio of 29.49, a price-to-earnings-growth ratio of 3.41 and a beta of 0.65.

Check Point Software Technologies Company 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.