Yousif Capital Management LLC Has $1.03 Million Position in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Yousif Capital Management LLC grew its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,507 shares of the technology company’s stock after purchasing an additional 90 shares during the quarter. Yousif Capital Management LLC’s holdings in Check Point Software Technologies were worth $1,028,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bleakley Financial Group LLC boosted its stake in Check Point Software Technologies by 3.3% in the third quarter. Bleakley Financial Group LLC now owns 1,797 shares of the technology company’s stock worth $346,000 after purchasing an additional 57 shares in the last quarter. Regatta Capital Group LLC lifted its stake in shares of Check Point Software Technologies by 4.9% during the fourth quarter. Regatta Capital Group LLC now owns 1,229 shares of the technology company’s stock valued at $229,000 after acquiring an additional 57 shares during the period. GAMMA Investing LLC lifted its stake in shares of Check Point Software Technologies by 53.1% during the fourth quarter. GAMMA Investing LLC now owns 173 shares of the technology company’s stock valued at $32,000 after acquiring an additional 60 shares during the period. Strategic Investment Advisors MI lifted its stake in shares of Check Point Software Technologies by 2.7% during the fourth quarter. Strategic Investment Advisors MI now owns 2,263 shares of the technology company’s stock valued at $423,000 after acquiring an additional 60 shares during the period. Finally, Brighton Jones LLC lifted its stake in shares of Check Point Software Technologies by 5.2% during the third quarter. Brighton Jones LLC now owns 1,337 shares of the technology company’s stock valued at $258,000 after acquiring an additional 66 shares during the period. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP opened at $222.09 on Friday. The company has a market cap of $24.43 billion, a PE ratio of 29.73, a PEG ratio of 3.31 and a beta of 0.65. Check Point Software Technologies Ltd. has a 52-week low of $145.75 and a 52-week high of $226.02. The stock has a 50-day simple moving average of $194.31 and a 200 day simple moving average of $190.30.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Jefferies Financial Group upped their price target on Check Point Software Technologies from $220.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. JPMorgan Chase & Co. upped their price target on Check Point Software Technologies from $207.00 to $221.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. UBS Group upped their price target on Check Point Software Technologies from $200.00 to $230.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Check Point Software Technologies in a research note on Friday, January 31st. Finally, Citigroup upped their price target on Check Point Software Technologies from $185.00 to $190.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Nineteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $215.59.

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.