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Truist Monetary Corp Cuts Inventory Place in Examine Level Software program Applied sciences Ltd. (NASDAQ:CHKP)

Truist Monetary Corp reduce its holdings in Examine Level Software program Applied sciences Ltd. (NASDAQ:CHKP – Get Ranking) by 3.9% within the third quarter, in response to the corporate in its most up-to-date disclosure with the SEC. The institutional investor owned 45,897 shares of the expertise firm’s inventory after promoting 1,885 shares throughout the quarter. Truist Monetary Corp’s holdings in Examine Level Software program Applied sciences had been value $5,142,000 on the finish of the newest quarter.

Quite a few different institutional traders and hedge funds have additionally not too long ago modified their holdings of the enterprise. Ion Asset Administration Ltd. grew its holdings in shares of Examine Level Software program Applied sciences by 5.2% within the third quarter. Ion Asset Administration Ltd. now owns 1,178,291 shares of the expertise firm’s inventory valued at $131,992,000 after buying a further 58,142 shares within the final quarter. Balentine LLC lifted its place in Examine Level Software program Applied sciences by 28.4% within the third quarter. Balentine LLC now owns 5,209 shares of the expertise firm’s inventory value $584,000 after shopping for a further 1,151 shares over the last quarter. Wipfli Monetary Advisors LLC purchased a brand new stake in Examine Level Software program Applied sciences within the third quarter value $65,000. Janney Montgomery Scott LLC lifted its place in Examine Level Software program Applied sciences by 4.7% within the third quarter. Janney Montgomery Scott LLC now owns 12,541 shares of the expertise firm’s inventory value $1,405,000 after shopping for a further 561 shares over the last quarter. Lastly, Meritage Portfolio Administration purchased a brand new stake in Examine Level Software program Applied sciences within the third quarter value $4,301,000. 64.76% of the inventory is owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

Quite a few analysts not too long ago issued studies on CHKP shares. Piper Sandler raised their value goal on Examine Level Software program Applied sciences from $125.00 to $130.00 in a analysis report on Thursday, January fifth. OTR International downgraded Examine Level Software program Applied sciences from a “optimistic” score to a “blended” score in a analysis report on Wednesday, October fifth. Wells Fargo & Firm raised their value goal on Examine Level Software program Applied sciences from $120.00 to $130.00 in a analysis report on Friday, October twenty eighth. StockNews.com assumed protection on Examine Level Software program Applied sciences in a analysis report on Wednesday, October twelfth. They set a “purchase” score for the corporate. Lastly, Robert W. Baird reiterated a “impartial” score and set a $136.00 goal value on shares of Examine Level Software program Applied sciences in a analysis report on Wednesday, October nineteenth. 5 analysts have rated the inventory with a promote score, six have issued a maintain score and ten have issued a purchase score to the inventory. Primarily based on information from MarketBeat.com, Examine Level Software program Applied sciences presently has a consensus score of “Maintain” and a consensus value goal of $138.30.

Examine Level Software program Applied sciences Value Efficiency

CHKP opened at $126.04 on Friday. The enterprise’s 50-day transferring common is $129.01 and its two-hundred day transferring common is $123.12. Examine Level Software program Applied sciences Ltd. has a 1 yr low of $107.54 and a 1 yr excessive of $149.62. The agency has a market capitalization of $15.81 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of two.52 and a beta of 0.68.

Examine Level Software program Applied sciences (NASDAQ:CHKP – Get Ranking) final posted its earnings outcomes on Thursday, October twenty seventh. The expertise firm reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.06. Examine Level Software program Applied sciences had a return on fairness of 26.20% and a internet margin of 34.35%. The corporate had income of $577.60 million for the quarter, in comparison with analyst estimates of $571.78 million. Throughout the identical quarter within the earlier yr, the agency earned $1.44 earnings per share. The agency’s quarterly income was up 8.2% in comparison with the identical quarter final yr. As a bunch, sell-side analysts count on that Examine Level Software program Applied sciences Ltd. will submit 6.37 EPS for the present yr.

Examine Level Software program Applied sciences Profile

(Get Ranking)

Examine Level Software program Applied sciences Ltd. develops, markets, and helps a variety of services for IT safety worldwide. The corporate provides a portfolio of community safety, endpoint safety, information safety, and administration options. It gives Examine Level Infinity Structure, a cyber safety structure that protects towards fifth and sixth era cyber-attacks throughout numerous networks, endpoint, cloud, workloads, Web of Issues, and cell.

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Wish to see what different hedge funds are holding CHKP? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Examine Level Software program Applied sciences Ltd. (NASDAQ:CHKP – Get Ranking).

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

This instantaneous information alert was generated by narrative science expertise and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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