Reilly Financial Advisors Llc decreased its stake in Check Point Software Tech Lt (CHKP) by 91.63% based on its latest 2019Q2 regulatory filing with the SEC. Reilly Financial Advisors Llc sold 87,844 shares as the company’s stock declined 5.65% . The institutional investor held 8,026 shares of the prepackaged software company at the end of 2019Q2, valued at $928,000, down from 95,870 at the end of the previous reported quarter. Reilly Financial Advisors Llc who had been investing in Check Point Software Tech Lt for a number of months, seems to be less bullish one the $17.49 billion market cap company. The stock decreased 0.40% or $0.45 during the last trading session, reaching $112.57. About 709,405 shares traded. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has declined 1.40% since December 4, 2018 and is downtrending. It has underperformed by 1.40% the S&P500.
Analysts await Check Point Software Technologies Ltd. (NASDAQ:CHKP) to report earnings on January, 29. They expect $1.81 EPS, up 17.53 % or $0.27 from last year’s $1.54 per share. CHKP’s profit will be $281.24 million for 15.55 P/E if the $1.81 EPS becomes a reality. After $1.27 actual EPS reported by Check Point Software Technologies Ltd. for the previous quarter, Wall Street now forecasts 42.52 % EPS growth.
More notable recent Check Point Software Technologies Ltd. (NASDAQ:CHKP) news were published by: Nasdaq.com which released: “Noteworthy ETF Inflows: IEFA, NXPI, CHKP, CCEP – Nasdaq” on December 04, 2019, also Nasdaq.com with their article: “Palo Alto forecasts current-quarter profit below estimates, shares fall – Nasdaq” published on November 25, 2019, Globenewswire.com published: “Check Point Software Blows the Lid off Cloud Threats with New Security Analytics Solution – GlobeNewswire” on June 11, 2019. More interesting news about Check Point Software Technologies Ltd. (NASDAQ:CHKP) were released by: Globenewswire.com and their article: “Check Point Software Technologies Revolutionizes IoT Cyber Security – GlobeNewswire” published on November 14, 2019 as well as Nasdaq.com‘s news article titled: “Hancock Whitney Breaks Below 200-Day Moving Average – Notable for HWC – Nasdaq” with publication date: December 03, 2019.
Check Point Software Technologies Ltd. (NASDAQ:CHKP) Ratings Coverage
Among 11 analysts covering Check Point Software Tech (NASDAQ:CHKP), 0 have Buy rating, 1 Sell and 10 Hold. Therefore 0 are positive. Check Point Software Tech has $125 highest and $105 lowest target. $116.18’s average target is 3.21% above currents $112.57 stock price. Check Point Software Tech had 15 analyst reports since September 19, 2019 according to SRatingsIntel. The rating was downgraded by Bank of America on Thursday, September 19 to “Underperform”. On Tuesday, October 29 the stock rating was maintained by UBS with “Neutral”. As per Tuesday, October 8, the company rating was downgraded by Jefferies. The stock has “Hold” rating by Mizuho on Monday, October 28. BMO Capital Markets maintained the shares of CHKP in report on Tuesday, October 29 with “Hold” rating. Robert W. Baird maintained the stock with “Hold” rating in Monday, October 28 report. Evercore maintained the shares of CHKP in report on Monday, October 28 with “Hold” rating. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) has “Equal-Weight” rating given on Tuesday, October 29 by Barclays Capital.
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