Atria Wealth Solutions Inc. Has $777,000 Stock Holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Atria Wealth Solutions Inc. lifted its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 42.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,161 shares of the technology company’s stock after purchasing an additional 1,247 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Check Point Software Technologies were worth $777,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CHKP. Private Advisor Group LLC boosted its position in shares of Check Point Software Technologies by 6.1% during the third quarter. Private Advisor Group LLC now owns 2,108 shares of the technology company’s stock worth $406,000 after purchasing an additional 121 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in Check Point Software Technologies in the 3rd quarter valued at $346,000. Wealth Enhancement Advisory Services LLC lifted its position in Check Point Software Technologies by 115.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,992 shares of the technology company’s stock valued at $963,000 after acquiring an additional 2,674 shares in the last quarter. Concord Wealth Partners bought a new stake in Check Point Software Technologies in the 3rd quarter valued at $37,000. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in Check Point Software Technologies by 1.2% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 5,402 shares of the technology company’s stock worth $1,042,000 after buying an additional 66 shares in the last quarter. 98.51% of the stock is owned by institutional investors.

Check Point Software Technologies Price Performance

Shares of NASDAQ:CHKP opened at $218.63 on Wednesday. The company has a market cap of $24.05 billion, a price-to-earnings ratio of 29.27, a PEG ratio of 3.41 and a beta of 0.65. The firm has a 50 day simple moving average of $199.35 and a 200 day simple moving average of $192.67. Check Point Software Technologies Ltd. has a one year low of $145.75 and a one year high of $226.02.

Analysts Set New Price Targets

CHKP has been the topic of several analyst reports. Piper Sandler boosted their price target on shares of Check Point Software Technologies from $185.00 to $195.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. Royal Bank of Canada boosted their price target on shares of Check Point Software Technologies from $187.00 to $215.00 and gave the stock a “sector perform” rating in a research report on Friday, January 31st. Bank of America lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $205.00 to $195.00 in a research note on Wednesday, October 30th. BMO Capital Markets boosted their price objective on shares of Check Point Software Technologies from $215.00 to $245.00 and gave the stock a “market perform” rating in a research note on Monday, February 3rd. Finally, Evercore ISI boosted their price objective on shares of Check Point Software Technologies from $180.00 to $185.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Twenty research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $216.95.

Check Point Software Technologies 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.