Check Point Software Technologies Ltd. $CHKP Shares Acquired by Meitav Investment House Ltd.

Meitav Investment House Ltd. grew its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,690 shares of the technology company’s stock after buying an additional 6,573 shares during the period. Meitav Investment House Ltd.’s holdings in Check Point Software Technologies were worth $19,520,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Modern Wealth Management LLC increased its position 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 acquiring an additional 53 shares during the period. HUB Investment Partners LLC raised its stake in 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 worth $736,000 after acquiring an additional 53 shares during the last quarter. Horizon Investments LLC lifted its position in Check Point Software Technologies by 28.9% during the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after acquiring an additional 54 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. lifted its position in Check Point Software Technologies by 4.6% during the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,353 shares of the technology company’s stock worth $251,000 after acquiring an additional 59 shares during the period. Finally, RIA Advisory Group LLC grew its stake in Check Point Software Technologies by 5.1% during the 4th quarter. RIA Advisory Group LLC now owns 1,258 shares of the technology company’s stock valued at $233,000 after purchasing an additional 61 shares during the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director 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 can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on CHKP shares. Weiss Ratings lowered Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. TD Cowen set a $180.00 target price on Check Point Software Technologies in a research report on Thursday, April 30th. Wells Fargo & Company dropped their target price on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Friday, May 1st. Compass Point set a $120.00 price target on shares of Check Point Software Technologies in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and an average price target of $150.26.

Check Point Software Technologies Price Performance

Shares of Check Point Software Technologies stock traded up $2.84 during trading hours on Tuesday, reaching $141.71. The stock had a trading volume of 238,849 shares, compared to its average volume of 1,429,551. The stock’s 50 day moving average is $127.53 and its 200 day moving average is $152.52. 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 $232.07. The firm has a market capitalization of $14.96 billion, a PE ratio of 14.55, a PEG ratio of 4.03 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, April 30th. The technology company reported $2.50 EPS 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 firm had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. During the same period last year, the firm earned $2.21 EPS. The company’s quarterly revenue 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. Equities analysts expect that Check Point Software Technologies Ltd. will post 8.46 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).