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Smith Group cut its stake in cybersecurity firm Check Point, which beat earnings estimates.
Smith Group Asset Management LLC reduced its stake in cybersecurity firm Check Point Software Technologies by 0.4% to 33,443 shares in the first quarter.
The firm's holdings in Check Point are valued at $7.62 million.
Check Point reported earnings of $2.21 per share, beating estimates by $0.02, with revenue of $637.80 million, slightly above forecasts.
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Smith Group recortó su participación en la firma de ciberseguridad Check Point, que superó las estimaciones de ganancias.