Verify Level Software program Applied sciences Ltd. (NASDAQ:CHKP) Shares Acquired by Engineers Gate Supervisor LP

Engineers Gate Supervisor LP lifted its place in shares of Verify Level Software program Applied sciences Ltd. (NASDAQ:CHKP – Get Rating) by 565.8% throughout the third quarter, in accordance with its most up-to-date Type 13F submitting with the SEC. The institutional investor owned 22,970 shares of the know-how firm’s inventory after buying an extra 19,520 shares throughout the interval. Engineers Gate Supervisor LP’s holdings in Verify Level Software program Applied sciences had been value $2,573,000 on the finish of the latest reporting interval.

Different hedge funds and different institutional traders have additionally made adjustments to their positions within the firm. SeaCrest Wealth Administration LLC acquired a brand new stake in shares of Verify Level Software program Applied sciences throughout the second quarter value about $33,000. Alta Advisers Ltd acquired a brand new stake in shares of Verify Level Software program Applied sciences throughout the third quarter value about $45,000. Brown Brothers Harriman & Co. elevated its place in shares of Verify Level Software program Applied sciences by 75.3% throughout the first quarter. Brown Brothers Harriman & Co. now owns 568 shares of the know-how firm’s inventory value $79,000 after buying an extra 244 shares within the final quarter. Wipfli Monetary Advisors LLC acquired a brand new stake in shares of Verify Level Software program Applied sciences throughout the third quarter value about $65,000. Lastly, Benjamin F. Edwards & Firm Inc. elevated its place in shares of Verify Level Software program Applied sciences by 556.5% throughout the third quarter. Benjamin F. Edwards & Firm Inc. now owns 604 shares of the know-how firm’s inventory value $68,000 after buying an extra 512 shares within the final quarter. Institutional traders and hedge funds personal 64.76% of the corporate’s inventory.

Verify Level Software program Applied sciences Value Efficiency

Shares of Check Point Software Technologies stock opened at $125.85 on Friday. Verify Level Software program Applied sciences Ltd. has a 1 yr low of $107.54 and a 1 yr excessive of $149.62. The corporate has a market capitalization of $15.78 billion, a P/E ratio of 19.90, a P/E/G ratio of two.43 and a beta of 0.69. The enterprise has a 50 day transferring common worth of $127.04 and a 200 day transferring common worth of $124.16.

Verify Level Software program Applied sciences (NASDAQ:CHKP – Get Rating) final issued its quarterly earnings knowledge on Monday, February thirteenth. The know-how firm reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.09. Verify Level Software program Applied sciences had a return on fairness of 27.22% and a web margin of 34.20%. The agency had income of $638.50 million throughout the quarter, in comparison with the consensus estimate of $636.24 million. Throughout the identical interval within the earlier yr, the agency posted $2.02 EPS. The corporate’s quarterly income was up 6.6% in comparison with the identical quarter final yr. As a bunch, analysis analysts count on that Verify Level Software program Applied sciences Ltd. will put up 6.95 EPS for the present fiscal yr.

Analyst Upgrades and Downgrades

Plenty of analysis corporations lately issued stories on CHKP. William Blair reissued a “market carry out” ranking on shares of Verify Level Software program Applied sciences in a report on Monday, February thirteenth. FBN Securities lowered their worth goal on Verify Level Software program Applied sciences from $155.00 to $150.00 in a report on Monday, February thirteenth. Wells Fargo & Firm raised Verify Level Software program Applied sciences from an “underweight” ranking to an “equal weight” ranking and set a $130.00 worth goal on the inventory in a report on Tuesday, January seventeenth. Credit score Suisse Group reissued an “underperform” ranking and set a $115.00 worth goal on shares of Verify Level Software program Applied sciences in a report on Wednesday, February fifteenth. Lastly, Morgan Stanley lowered their worth goal on Verify Level Software program Applied sciences from $125.00 to $116.00 and set an “underweight” ranking on the inventory in a report on Tuesday, February 14th. 4 funding analysts have rated the inventory with a promote ranking, eleven have given a maintain ranking and ten have assigned a purchase ranking to the corporate. In keeping with MarketBeat.com, Verify Level Software program Applied sciences at present has a consensus ranking of “Maintain” and a consensus worth goal of $139.52.

About Verify Level Software program Applied sciences

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Verify Level Software program Applied sciences Ltd. is engaged within the growth and advertising of software program and {hardware} options for info know-how safety. Its merchandise embrace Quantum, CloudGuard, Concord, and Infinity-Imaginative and prescient. The corporate was based by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.

See Additionally

Wish to see what different hedge funds are holding CHKP? Visit HoldingsChannel.com to get the newest 13F filings and insider trades for Verify Level Software program Applied sciences Ltd. (NASDAQ:CHKP – Get Rating).

This prompt information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected]

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