5 Biggest Cybersecurity Companies In the World

In this piece, we will take a look at the five biggest cybersecurity companies in the world. For more companies, head on over to 20 Biggest Cybersecurity Companies In the World.

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

Latest Market Capitalization: $16.66 billion

Check Point Software Technologies Ltd. (NASDAQ:CHKP) is an Israeli company headquartered in Tel Aviv. The firm has different products for cybersecurity such as cyber attack protection platforms and threat protection technologies.

Insider Monkey’s fourth quarter of 2022 survey of 943 hedge funds revealed that 33 had held a stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP). The firm’s largest shareholder is D. E. Shaw’s D E Shaw which owns 1.3 million shares that are worth $166 million.

4. Cloudflare, Inc. (NYSE:NET)

Latest Market Capitalization: $20.05 billion

Cloudflare, Inc. (NYSE:NET) is one of the most well known threat detection and protection companies in the world. It is headquartered in San Francisco, California, and was set up in 2009. As the name suggests, the firm has a platform for protecting all kinds of clouds.

By the end of December 2022, 40 of the 943 hedge funds part of Insider Monkey’s database were the firm’s shareholders. Out of these, the largest investor in Cloudflare, Inc. (NYSE:NET) is Paul Marshall and Ian Wace’s Marshall Wace LLP since it owns a $119 million stake that comes via 2.6 million shares.

3. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Latest Market Capitalization: $30.63 billion

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is headquartered in Austin, Texas and was set up in 2011. The firm has a cloud based software platform for protecting data, identity, and digital workloads.

Insider Monkey dug through 943 hedge fund portfolios for last year’s final quarter to find out that 66 had invested in CrowdStrike Holdings, Inc. (NASDAQ:CRWD). Out of these, the firm’s largest investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital which owns 1.6 million shares that are worth $175 million.

2. Fortinet, Inc. (NASDAQ:FTNT)

Latest Market Capitalization: $52.53 billion

Fortinet, Inc. (NASDAQ:FTNT) is a software company headquartered in Sunnyvale, California. The firm provides hardware and software products to enable customers to run firewalls, virtual private networks, spam management, and other functions.

47 of the 943 hedge funds part of Insider Monkey’s Q4 2022 database had bought the firm’s shares. Fortinet, Inc. (NASDAQ:FTNT)’s largest shareholder is Andreas Halvorsen’s Viking Global with a $348 million stake that comes via 7.1 million shares.

1. Palo Alto Networks, Inc. (NASDAQ:PANW)

Latest Market Capitalization: $58.35 billion

Palo Alto Networks, Inc. (NASDAQ:PANW) is a technology company based in Santa Clara, California. It offers a variety of different cybersecurity platforms such as firewalls and threat intelligence products.

As of December 2022, 85 of the 943 hedge funds polled by Insider Monkey had invested in the company. Out of these, Palo Alto Networks, Inc. (NASDAQ:PANW)’s largest shareholder is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital since it owns a $379 million stake.

Disclosure: None. You can also take a look at 12 Gene Editing Stocks With the Best Long-Term Potential and 12 Best Silver Mining Stocks To Buy Now.

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