Check Point Software Technologies Ltd. (CHKP) Shares Bought by Oak Associates Ltd. OH

Oak Associates Ltd. OH grew its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 44.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,510 shares of the technology company’s stock after buying an additional 39,025 shares during the quarter. Oak Associates Ltd. OH owned 0.08% of Check Point Software Technologies worth $14,425,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in CHKP. Teachers Advisors LLC boosted its holdings in shares of Check Point Software Technologies by 4.6% in the first quarter. Teachers Advisors LLC now owns 107,684 shares of the technology company’s stock valued at $11,055,000 after buying an additional 4,771 shares during the period. Vanguard Group Inc. lifted its position in shares of Check Point Software Technologies by 7.3% in 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 in the last quarter. Janus Capital Management LLC lifted its position in shares of Check Point Software Technologies by 226.7% in the first quarter. Janus Capital Management LLC now owns 31,272 shares of the technology company’s stock worth $3,210,000 after purchasing an additional 21,701 shares in the last quarter. Gateway Investment Advisers LLC lifted its position in shares of Check Point Software Technologies by 1.3% in the second quarter. Gateway Investment Advisers LLC now owns 2,407 shares of the technology company’s stock worth $263,000 after purchasing an additional 31 shares in the last quarter. Finally, NN Investment Partners Holdings N.V. bought a new stake in shares of Check Point Software Technologies in the second quarter worth $2,065,000. Institutional investors own 68.53% of the company’s stock.

Shares of Check Point Software Technologies Ltd. (NASDAQ CHKP) traded down $0.40 on Wednesday, hitting $102.40. 2,353,000 shares of the stock traded hands, compared to its average volume of 1,136,869. The company has a market capitalization of $16,801.93, a price-to-earnings ratio of 21.64, a PEG ratio of 2.21 and a beta of 0.67. Check Point Software Technologies Ltd. has a 52 week low of $80.78 and a 52 week high of $119.20.

A number of analysts have recently commented on the stock. Northland Securities set a $120.00 price objective on shares of Check Point Software Technologies and gave the stock a “hold” rating in a research report on Wednesday, November 1st. BTIG Research lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 1st. Stifel Nicolaus reissued a “hold” rating and issued a $100.00 price objective on shares of Check Point Software Technologies in a research report on Friday, November 3rd. BidaskClub raised shares of Check Point Software Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, August 24th. Finally, Piper Jaffray Companies set a $108.00 price objective on shares of Check Point Software Technologies and gave the stock a “hold” rating in a research report on Friday, October 6th. Twenty analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Check Point Software Technologies presently has a consensus rating of “Hold” and an average target price of $113.60.

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About Check Point Software Technologies

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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