- According to the latest filing with the Securities and Exchange Commission, Check Point Software Technologies Ltd.
- has seen a decrease in its holdings with Lafayette Investments Inc.
- by 1.2% in the 4th quarter, resulting in a decrease of 284 shares.
Lafayette Investments Inc. owns approximately 24,000 shares of Check Point Software Technologies stock, after selling 284 shares during the quarter. This represents a decrease in the company’s stake in the technology firm from 24,900 shares to 23,616 shares.
- Lafayette Investments Inc. is a significant shareholder in Check Point Software Technologies
- with a stake of approximately 1.0% in the company’s portfolio
- The stock is its 29th largest holding
Other Institutional Investors
- Several other institutional investors have made changes to their holdings in Check Point Software Technologies
- World Investment Advisors raised its holdings by 4.4% in the 4th quarter
- Truist Financial Corp increased its stake by 2.6% in the fourth quarter
- Vestmark Advisory Solutions Inc. lifted its holdings by 99.3% in the fourth quarter
- Hickory Asset Management Inc. bought a new position in Check Point Software Technologies
- Assetmark Inc. boosted its holdings by 44.1% during the fourth quarter
| Investor | Institutional | Shares | Value ($millions) | % Change |
| World Investment Advisors | 4.4% | 30,041 | $5,609,000 | |
| Truist Financial Corp | 2.6% | 119,504 | $22,311,000 | |
| Vestmark Advisory Solutions Inc. | 99.3% | 4,973 | $928,000 | |
| Hickory Asset Management Inc. | New | $476,000 | ||
| Assetmark Inc. | 44.1% | 140,943 | $26,314,000 |
Market Performance and Outlook
| Stock | Price ($) | Market Cap ($millions) | P/E Ratio | Peg Ratio | Beta |
| Check Point Software Technologies | $220.10 | $24.21 billion | 29.46 | 3.41 | 0.62 |
| Moving Average | 50 Day | 200 Day | 52 Week Low | 52 Week High |
| $221.49 | $200.91 | $145.75 | $234.36 |
Analyst Upgrades and Downgrades
- Needham & Company LLC reaffirmed a “hold” rating on shares of Check Point Software Technologies
- The Goldman Sachs Group cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating
- Truist Financial reiterated a “buy” rating and issued a $250.00 price target
- Mizuho increased their price objective on Check Point Software Technologies from $220.00 to $230.00
- Robert W. Baird raised Check Point Software Technologies from a “neutral” rating to an “outperform” rating
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