Bank Hapoalim BM raised its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 15.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 32,133 shares of the technology company’s stock after acquiring an additional 4,194 shares during the period. Bank Hapoalim BM’s holdings in Check Point Software Technologies were worth $5,963,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the company. Graham Capital Management L.P. raised its stake in Check Point Software Technologies by 373.2% during the 4th quarter. Graham Capital Management L.P. now owns 40,770 shares of the technology company’s stock valued at $7,565,000 after purchasing an additional 32,155 shares during the period. Abound Financial LLC acquired a new stake in Check Point Software Technologies during the 4th quarter valued at $27,000. L2 Asset Management LLC raised its stake in Check Point Software Technologies by 43.7% during the 4th quarter. L2 Asset Management LLC now owns 25,150 shares of the technology company’s stock valued at $4,667,000 after purchasing an additional 7,651 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Check Point Software Technologies during the 4th quarter valued at $1,924,000. Finally, Squarepoint Ops LLC raised its stake in Check Point Software Technologies by 74.0% during the 4th quarter. Squarepoint Ops LLC now owns 7,782 shares of the technology company’s stock valued at $1,444,000 after purchasing an additional 3,310 shares during the period. 98.51% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have issued reports on the stock. Scotiabank cut their target price on shares of Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating on the stock in a research note on Friday, May 1st. 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 note on Tuesday, April 21st. Wedbush lowered their price target on shares of Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Weiss Ratings cut shares of Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. Finally, Barclays lowered their price target on shares of Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Eight equities 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. Based on data from MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and an average target price of $146.50.
Check Point Software Technologies Trading Down 1.2%
Shares of NASDAQ:CHKP opened at $121.96 on Wednesday. The stock has a market capitalization of $12.88 billion, a PE ratio of 12.52, a P/E/G ratio of 3.64 and a beta of 0.49. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $232.07. The firm has a fifty day moving average price of $130.92 and a 200 day moving average price of $158.40. 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 – Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. 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 prior 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. Analysts expect that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.
Insider Transactions at Check Point Software Technologies
In related news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were 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 approximately $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.
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).
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