Check Point Software Technologies Ltd. (NASDAQ:CHKP) Shares Sold by Epacria Capital Partners LLC

Epacria Capital Partners LLC decreased its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 51.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,175 shares of the technology company's stock after selling 13,925 shares during the period. Check Point Software Technologies comprises approximately 2.1% of Epacria Capital Partners LLC's investment portfolio, making the stock its 13th biggest holding. Epacria Capital Partners LLC's holdings in Check Point Software Technologies were worth $2,460,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CHKP. Gitterman Wealth Management LLC grew its holdings in Check Point Software Technologies by 3.2% during the 4th quarter. Gitterman Wealth Management LLC now owns 1,533 shares of the technology company's stock worth $286,000 after acquiring an additional 48 shares during the period. TD Waterhouse Canada Inc. boosted its stake in Check Point Software Technologies by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 3,095 shares of the technology company's stock valued at $578,000 after purchasing an additional 52 shares during the last quarter. Argonautica Private Wealth Management Inc. lifted its position in shares of Check Point Software Technologies by 0.9% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 6,002 shares of the technology company's stock worth $1,121,000 after buying an additional 56 shares in the last quarter. Regatta Capital Group LLC lifted its position in shares of Check Point Software Technologies by 4.9% during the 4th quarter. Regatta Capital Group LLC now owns 1,229 shares of the technology company's stock worth $229,000 after buying an additional 57 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of Check Point Software Technologies by 3.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,891 shares of the technology company's stock worth $353,000 after buying an additional 57 shares in the last quarter. Institutional investors own 98.51% of the company's stock.

Check Point Software Technologies Price Performance

Check Point Software Technologies stock traded down $0.04 during mid-day trading on Monday, reaching $218.29. 464,382 shares of the company traded hands, compared to its average volume of 984,705. Check Point Software Technologies Ltd. has a fifty-two week low of $145.75 and a fifty-two week high of $234.35. The company has a market capitalization of $24.01 billion, a price-to-earnings ratio of 29.22, a price-to-earnings-growth ratio of 3.41 and a beta of 0.66. The firm's fifty day moving average is $220.18 and its two-hundred day moving average is $202.74.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The technology company reported $2.21 EPS for the quarter, beating the consensus estimate of $2.19 by $0.02. Check Point Software Technologies had a net margin of 32.97% and a return on equity of 32.40%. The business had revenue of $637.80 million for the quarter, compared to the consensus estimate of $635.80 million. During the same period in the prior year, the firm earned $2.04 EPS. The business's revenue for the quarter was up 6.5% on a year-over-year basis. As a group, equities research analysts predict that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Barclays boosted their target price on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the company an "equal weight" rating in a report on Thursday, January 30th. Stifel Nicolaus upped their price objective on shares of Check Point Software Technologies from $190.00 to $220.00 and gave the stock a "hold" rating in a report on Friday, January 31st. Citigroup increased their price target on shares of Check Point Software Technologies from $185.00 to $190.00 and gave the company a "neutral" rating in a report on Friday, January 17th. Susquehanna lifted their price target on shares of Check Point Software Technologies from $215.00 to $255.00 and gave the stock a "positive" rating in a research note on Friday, January 31st. Finally, Scotiabank decreased their price objective on shares of Check Point Software Technologies from $250.00 to $240.00 and set a "sector outperform" rating on the stock in a research report on Thursday, April 24th. Eighteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $232.04.

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.