Check Point Software Technologies Ltd. $CHKP Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. grew its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 16.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,684,756 shares of the technology company’s stock after buying an additional 234,539 shares during the period. Victory Capital Management Inc.’s holdings in Check Point Software Technologies were worth $312,623,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nordea Investment Management AB lifted its holdings in shares of Check Point Software Technologies by 3.3% during the fourth quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock worth $205,827,000 after purchasing an additional 35,448 shares during the period. M&G PLC lifted its holdings in shares of Check Point Software Technologies by 48.8% during the third quarter. M&G PLC now owns 119,834 shares of the technology company’s stock worth $24,806,000 after purchasing an additional 39,292 shares during the period. Phoenix Financial Ltd. acquired a new stake in shares of Check Point Software Technologies during the fourth quarter worth about $30,202,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Check Point Software Technologies by 28.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after purchasing an additional 1,766,774 shares during the period. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Check Point Software Technologies by 7.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 162,807 shares of the technology company’s stock worth $30,210,000 after purchasing an additional 10,644 shares during the period. Institutional investors and hedge funds own 98.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Susquehanna decreased their target price on Check Point Software Technologies from $255.00 to $140.00 and set a “positive” rating for the company in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $180.00 target price on shares of Check Point Software Technologies in a report on Friday, February 13th. Barclays decreased their target price on Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating for the company in a report on Friday, May 1st. Jefferies Financial Group reissued a “buy” rating and issued a $160.00 price target on shares of Check Point Software Technologies in a report on Friday, May 1st. Finally, TD Cowen set a $180.00 price target on Check Point Software Technologies in a report on Thursday, April 30th. 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $146.50.

Insider Activity at Check Point Software Technologies

In other news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares in the company, valued at $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by company insiders.

Check Point Software Technologies Trading Up 0.8%

Shares of NASDAQ:CHKP opened at $124.06 on Friday. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $232.07. The company has a market capitalization of $13.10 billion, a PE ratio of 12.74, a PEG ratio of 3.63 and a beta of 0.49. The business has a 50 day moving average of $131.94 and a two-hundred day moving average of $159.45. 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 (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. The company had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.Check Point Software Technologies’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.21 earnings per share. 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. As a group, analysts forecast that Check Point Software Technologies Ltd. will post 8.47 EPS for the current year.

About Check Point Software Technologies

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).