Shutterstock, Inc. (SSTK) At $43.04 Forms Top; Maple Capital Management Trimmed Check Point Software (CHKP) Stake By $2.96 Million

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Logo

Shutterstock, Inc. (SSTK) formed multiple top with $45.62 target or 6.00% above today’s $43.04 share price. Shutterstock, Inc. (SSTK) has $1.50 billion valuation. The stock increased 2.09% or $0.88 during the last trading session, reaching $43.04. About 216,839 shares traded. Shutterstock, Inc. (NYSE:SSTK) has risen 17.70% since May 3, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

Maple Capital Management Inc decreased Check Point Software (CHKP) stake by 33.61% reported in 2017Q4 SEC filing. Maple Capital Management Inc sold 28,692 shares as Check Point Software (CHKP)’s stock declined 2.77%. The Maple Capital Management Inc holds 56,688 shares with $5.87M value, down from 85,380 last quarter. Check Point Software now has $15.42B valuation. The stock decreased 1.56% or $1.54 during the last trading session, reaching $96.94. About 1.34 million shares traded or 1.35% up from the average. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has declined 4.45% since May 3, 2017 and is downtrending. It has underperformed by 16.00% the S&P500.

Among 33 analysts covering Check Point Software Technologies Ltd. (NASDAQ:CHKP), 5 have Buy rating, 1 Sell and 27 Hold. Therefore 15% are positive. Check Point Software Technologies Ltd. has $132 highest and $65 lowest target. $107.83’s average target is 11.23% above currents $96.94 stock price. Check Point Software Technologies Ltd. had 82 analyst reports since September 10, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, July 21 by Citigroup. The firm has “Overweight” rating by First Analysis given on Friday, January 20. As per Wednesday, April 25, the company rating was maintained by BMO Capital Markets. Barclays Capital maintained it with “Equal-Weight” rating and $104 target in Thursday, April 26 report. Oppenheimer maintained Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Tuesday, June 13 with “Buy” rating. The firm earned “Buy” rating on Friday, July 7 by Jefferies. As per Thursday, September 15, the company rating was initiated by Guggenheim. BTIG Research upgraded Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Tuesday, February 7 to “Buy” rating. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) earned “Hold” rating by Stifel Nicolaus on Sunday, September 10. BMO Capital Markets maintained Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Wednesday, January 31 with “Hold” rating.

Among 9 analysts covering Shutterstock (NYSE:SSTK), 0 have Buy rating, 1 Sell and 8 Hold. Therefore 0 are positive. Shutterstock has $72 highest and $30.0 lowest target. $42’s average target is -2.42% below currents $43.04 stock price. Shutterstock had 23 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by TheStreet on Friday, October 16 to “Hold”. Deutsche Bank maintained the stock with “Hold” rating in Friday, February 23 report. The firm has “Hold” rating by Deutsche Bank given on Thursday, August 3. The firm has “Hold” rating given on Thursday, August 3 by Jefferies. The stock of Shutterstock, Inc. (NYSE:SSTK) has “Sector Perform” rating given on Friday, August 7 by RBC Capital Markets. The stock of Shutterstock, Inc. (NYSE:SSTK) has “Hold” rating given on Wednesday, June 21 by Jefferies. The stock of Shutterstock, Inc. (NYSE:SSTK) has “Buy” rating given on Thursday, August 6 by Cantor Fitzgerald. Jefferies maintained Shutterstock, Inc. (NYSE:SSTK) rating on Wednesday, November 1. Jefferies has “Underperform” rating and $34 target. The firm earned “Market Perform” rating on Friday, August 7 by William Blair. The rating was downgraded by Jefferies on Friday, August 7 to “Hold”.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.10, from 0.92 in 2017Q3. It improved, as 17 investors sold Shutterstock, Inc. shares while 46 reduced holdings. 27 funds opened positions while 37 raised stakes. 19.96 million shares or 2.76% less from 20.53 million shares in 2017Q3 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Shutterstock, Inc. (NYSE:SSTK). Victory Mngmt Inc stated it has 0% in Shutterstock, Inc. (NYSE:SSTK). Alphamark Advsr Ltd Liability Co holds 4,773 shares. Texas Permanent School Fund stated it has 12,423 shares. Goldman Sachs Grp Inc Inc has 284,143 shares. Glenmede Trust Na owns 225 shares. 82,558 were accumulated by Deutsche National Bank Ag. Macquarie Ltd reported 0.02% in Shutterstock, Inc. (NYSE:SSTK). Ny State Common Retirement Fund holds 0% or 44,929 shares. Cwm Ltd Liability Co reported 40,406 shares. Northern Corporation reported 247,153 shares stake. Massachusetts-based Panagora Asset Management Incorporated has invested 0% in Shutterstock, Inc. (NYSE:SSTK). Stratos Wealth Prtn Limited holds 0% or 147 shares. Invesco Limited holds 107,397 shares or 0% of its portfolio. Wells Fargo And Mn has invested 0% in Shutterstock, Inc. (NYSE:SSTK).

Shutterstock, Inc. (NYSE:SSTK) Institutional Positions Chart