Gateway Investment Advisers LLC Has $2.06 Million Position in Check Point Software Technologies Ltd. $CHKP

Gateway Investment Advisers LLC reduced its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 30.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,101 shares of the technology company’s stock after selling 4,759 shares during the period. Gateway Investment Advisers LLC’s holdings in Check Point Software Technologies were worth $2,060,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. HUB Investment Partners LLC boosted its stake in shares of Check Point Software Technologies by 1.5% in the 3rd quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock valued at $736,000 after purchasing an additional 53 shares in the last quarter. Modern Wealth Management LLC boosted its stake in shares of Check Point Software Technologies by 3.6% in the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after purchasing an additional 53 shares in the last quarter. Philip James Wealth Mangement LLC boosted its stake in shares of Check Point Software Technologies by 1.1% in the 3rd quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock valued at $989,000 after purchasing an additional 54 shares in the last quarter. Horizon Investments LLC boosted its stake in shares of Check Point Software Technologies by 28.9% in the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock valued at $50,000 after purchasing an additional 54 shares in the last quarter. Finally, Pinnacle West Asset Management Inc. boosted its stake in shares of Check Point Software Technologies by 4.6% in the 3rd quarter. Pinnacle West Asset Management Inc. now owns 1,255 shares of the technology company’s stock valued at $260,000 after purchasing an additional 55 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on CHKP shares. Weiss Ratings downgraded shares of Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. Mizuho set a $135.00 target price on shares of Check Point Software Technologies in a research report on Friday, May 1st. Evercore set a $185.00 target price on shares of Check Point Software Technologies in a research report on Friday, February 13th. Cantor Fitzgerald cut their target price on shares of Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Finally, Stifel Nicolaus set a $120.00 target price on shares of Check Point Software Technologies in a research report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $146.50.

Check Point Software Technologies Stock Down 0.5%

NASDAQ:CHKP opened at $114.93 on Friday. The company has a market cap of $12.14 billion, a PE ratio of 11.80, a P/E/G ratio of 3.40 and a beta of 0.43. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $233.78. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 2.05. The firm’s 50 day simple moving average is $144.56 and its 200 day simple moving average is $171.50.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The firm had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.21 EPS. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. On average, research analysts anticipate that Check Point Software Technologies Ltd. will post 8.49 earnings per share for the current year.

Check Point Software Technologies 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).