Check Point Software Technologies Ltd. $CHKP Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 21.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 36,696 shares of the technology company’s stock after selling 10,250 shares during the quarter. HighTower Advisors LLC’s holdings in Check Point Software Technologies were worth $6,809,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently 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 approximately $262,000. EverSource Wealth Advisors LLC boosted its holdings in Check Point Software Technologies by 24.3% in the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock valued at $132,000 after purchasing an additional 117 shares in the last quarter. Squarepoint Ops LLC boosted its holdings in Check Point Software Technologies by 20.9% in the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock valued at $5,855,000 after purchasing an additional 4,577 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Check Point Software Technologies by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock valued at $8,018,000 after purchasing an additional 2,198 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its holdings in Check Point Software Technologies by 17.3% in the second quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock valued at $476,000 after purchasing an additional 317 shares in the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $128.71 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $233.78. The stock has a 50 day moving average of $135.56 and a two-hundred day moving average of $164.53. The stock has a market cap of $13.59 billion, a P/E ratio of 13.21, a P/E/G ratio of 3.86 and a beta of 0.43.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The company had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the previous year, the business earned $2.21 earnings per share. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. 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 forecast that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on CHKP shares. Compass Point set a $120.00 price target on Check Point Software Technologies in a report on Monday, May 4th. Morgan Stanley set a $133.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Roth Mkm set a $160.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. TD Cowen set a $180.00 price objective on Check Point Software Technologies in a research note on Thursday, April 30th. Finally, Citigroup reduced their price objective on Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $146.50.

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).