L2 Asset Management LLC Has $3.62 Million Stock Holdings in Check Point Software Technologies Ltd. $CHKP

L2 Asset Management LLC lifted its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 47.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,499 shares of the technology company’s stock after purchasing an additional 5,644 shares during the quarter. L2 Asset Management LLC’s holdings in Check Point Software Technologies were worth $3,621,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in CHKP. AQR Capital Management LLC acquired a new position in Check Point Software Technologies in the first quarter valued at about $262,000. Allworth Financial LP grew its position in shares of Check Point Software Technologies by 6.2% in the 2nd quarter. Allworth Financial LP now owns 1,083 shares of the technology company’s stock valued at $240,000 after purchasing an additional 63 shares during the period. Creative Planning increased its stake in Check Point Software Technologies by 18.2% during the 2nd quarter. Creative Planning now owns 27,474 shares of the technology company’s stock worth $6,079,000 after purchasing an additional 4,228 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in Check Point Software Technologies by 5.0% during the 2nd quarter. Avantax Advisory Services Inc. now owns 18,976 shares of the technology company’s stock worth $4,198,000 after buying an additional 907 shares during the period. Finally, Kingsview Wealth Management LLC lifted its stake in Check Point Software Technologies by 7.8% in the second quarter. Kingsview Wealth Management LLC now owns 2,119 shares of the technology company’s stock valued at $469,000 after buying an additional 153 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Check Point Software Technologies in a report on Tuesday, March 3rd. They set an “equal weight” rating and a $165.00 price objective on the stock. UBS Group set a $200.00 price target on Check Point Software Technologies in a research note on Thursday, February 12th. Truist Financial set a $225.00 price objective on Check Point Software Technologies in a research report on Tuesday, January 20th. Scotiabank dropped their target price on Check Point Software Technologies from $195.00 to $180.00 and set a “sector perform” rating on the stock in a research report on Friday, February 13th. Finally, Royal Bank Of Canada reduced their price target on Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating for the company in a research report on Monday, January 5th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Check Point Software Technologies presently has an average rating of “Hold” and an average target price of $212.40.

Check Point Software Technologies Stock Performance

CHKP opened at $152.83 on Tuesday. The business’s 50-day simple moving average is $171.73 and its 200 day simple moving average is $186.14. Check Point Software Technologies Ltd. has a 52-week low of $150.17 and a 52-week high of $234.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The firm has a market capitalization of $16.81 billion, a PE ratio of 15.85, a PEG ratio of 3.40 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The firm had revenue of $744.90 million during the quarter, compared to the consensus estimate of $746.40 million. During the same period last year, the company earned $2.70 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point’s product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.

Key product families include Quantum Security Gateways (on-premises and hybrid appliances), CloudGuard (cloud security posture and workload protection), Harmony (endpoint, remote access and unified endpoint security), and SandBlast (advanced threat prevention and sandboxing).