Check Point Software Technologies Ltd. (CHKP) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lowered its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 5.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,817 shares of the technology company’s stock after selling 5,485 shares during the period. Epoch Investment Partners Inc. owned 0.05% of Check Point Software Technologies worth $10,013,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Check Point Software Technologies by 7.3% during the first quarter. Vanguard Group Inc. now owns 306,857 shares of the technology company’s stock worth $31,502,000 after purchasing an additional 20,909 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of Check Point Software Technologies by 3.2% during the second quarter. CIBC Asset Management Inc now owns 17,664 shares of the technology company’s stock worth $1,927,000 after purchasing an additional 544 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Check Point Software Technologies by 23.0% during the second quarter. Daiwa Securities Group Inc. now owns 4,550 shares of the technology company’s stock worth $496,000 after purchasing an additional 850 shares during the period. IFP Advisors Inc lifted its holdings in shares of Check Point Software Technologies by 21.6% during the second quarter. IFP Advisors Inc now owns 1,840 shares of the technology company’s stock worth $201,000 after purchasing an additional 327 shares during the period. Finally, Global X Management Co. LLC lifted its holdings in shares of Check Point Software Technologies by 46.6% during the second quarter. Global X Management Co. LLC now owns 3,778 shares of the technology company’s stock worth $412,000 after purchasing an additional 1,201 shares during the period. Hedge funds and other institutional investors own 73.93% of the company’s stock.

Shares of Check Point Software Technologies Ltd. (NASDAQ CHKP) opened at $103.54 on Thursday. Check Point Software Technologies Ltd. has a 52 week low of $83.10 and a 52 week high of $119.20. The firm has a market cap of $16,777.41, a price-to-earnings ratio of 21.61, a price-to-earnings-growth ratio of 2.20 and a beta of 0.62.

A number of equities analysts have recently commented on the stock. Northland Securities reiterated a “hold” rating and set a $120.00 price target on shares of Check Point Software Technologies in a report on Thursday, September 28th. Oppenheimer reiterated a “buy” rating and set a $128.00 price target on shares of Check Point Software Technologies in a report on Monday, October 2nd. Evercore ISI set a $100.00 price target on shares of Check Point Software Technologies and gave the stock a “hold” rating in a report on Friday, August 11th. Credit Suisse Group reiterated a “neutral” rating and set a $105.00 price target (down previously from $110.00) on shares of Check Point Software Technologies in a report on Wednesday, November 1st. Finally, Robert W. Baird reiterated a “hold” rating and set a $115.00 price target on shares of Check Point Software Technologies in a report on Wednesday, November 1st. Twenty investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $113.60.

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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.

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

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