Check Point Software Technologies Ltd. (CHKP) Shares Bought by Pennsylvania Trust Co

Pennsylvania Trust Co raised its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 35.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,587 shares of the technology company’s stock after buying an additional 1,200 shares during the period. Pennsylvania Trust Co’s holdings in Check Point Software Technologies were worth $500,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Gateway Investment Advisers LLC increased its stake in Check Point Software Technologies by 1.3% in the second quarter. Gateway Investment Advisers LLC now owns 2,407 shares of the technology company’s stock worth $263,000 after buying an additional 31 shares in the last quarter. IFP Advisors Inc increased its stake in Check Point Software Technologies by 2.4% in the first quarter. IFP Advisors Inc now owns 1,513 shares of the technology company’s stock worth $155,000 after buying an additional 36 shares in the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of Check Point Software Technologies by 1.9% in the first quarter. Ameritas Investment Partners Inc. now owns 3,084 shares of the technology company’s stock valued at $317,000 after buying an additional 57 shares in the last quarter. Raymond James Trust N.A. increased its stake in shares of Check Point Software Technologies by 1.5% in the first quarter. Raymond James Trust N.A. now owns 4,976 shares of the technology company’s stock valued at $511,000 after buying an additional 72 shares in the last quarter. Finally, Trust Co. of Vermont increased its stake in shares of Check Point Software Technologies by 6.0% in the first quarter. Trust Co. of Vermont now owns 1,775 shares of the technology company’s stock valued at $182,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 72.46% of the company’s stock.

Check Point Software Technologies Ltd. (CHKP) traded down 0.35% during trading on Tuesday, hitting $106.46. The stock had a trading volume of 753,170 shares. The company has a market cap of $17.39 billion, a price-to-earnings ratio of 23.62 and a beta of 0.72. The company has a 50-day moving average of $110.21 and a 200 day moving average of $105.18. Check Point Software Technologies Ltd. has a 52 week low of $74.34 and a 52 week high of $116.63.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Thursday, July 20th. The technology company reported $1.26 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.22 by $0.04. The business had revenue of $458.60 million during the quarter, compared to the consensus estimate of $454.62 million. Check Point Software Technologies had a return on equity of 22.02% and a net margin of 42.17%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.09 earnings per share. On average, equities research analysts anticipate that Check Point Software Technologies Ltd. will post $5.18 EPS for the current year.

WARNING: This piece of content was reported by BBNS and is owned by of BBNS. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://baseballnewssource.com/markets/pennsylvania-trust-co-increases-stake-in-check-point-software-technologies-ltd-chkp-updated-updated-updated/1196766.html.

Several equities research analysts have recently commented on CHKP shares. Morgan Stanley upgraded shares of Check Point Software Technologies from an “underweight” rating to an “equal weight” rating and boosted their target price for the company from $87.00 to $107.00 in a research note on Tuesday, April 18th. BMO Capital Markets restated a “market perform” rating and issued a $116.00 target price (up previously from $110.00) on shares of Check Point Software Technologies in a research note on Friday, April 21st. Cleveland Research upgraded shares of Check Point Software Technologies from a “neutral” rating to a “buy” rating in a research note on Monday, April 24th. BTIG Research restated a “buy” rating and issued a $118.00 target price on shares of Check Point Software Technologies in a research note on Monday, April 24th. Finally, Robert W. Baird restated a “hold” rating on shares of Check Point Software Technologies in a research note on Thursday, April 27th. Eighteen analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Check Point Software Technologies has a consensus rating of “Hold” and a consensus target price of $109.25.

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.

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

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

 


Latest News

Darren Daulton Former Catcher with Phillies Dies
Darren Daulton Former Catcher with Phillies Dies
Boston’s Chris Sale Will Pitch In Each of Three Series With Yankees
Boston’s Chris Sale Will Pitch In Each of Three Series With Yankees
Greg Holland Out For Rockies Following Kitchen Incident
Greg Holland Out For Rockies Following Kitchen Incident
Jon Lester Joins 2,000 Strikeout Club, Hits First Home Run
Jon Lester Joins 2,000 Strikeout Club, Hits First Home Run
Sonny Gray Acquired By Yankees from Athletics
Sonny Gray Acquired By Yankees from Athletics
Adrian Beltre Reaches 3,000 Careers Hits
Adrian Beltre Reaches 3,000 Careers Hits


Leave a Reply

 
© 2006-2017 BBNS.