Check Point Software Technologies Ltd. $CHKP Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio cut its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 82.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,588 shares of the technology company’s stock after selling 99,681 shares during the period. Public Employees Retirement System of Ohio’s holdings in Check Point Software Technologies were worth $2,941,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA raised its stake in 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. Norges Bank purchased a new stake in shares of Check Point Software Technologies during the 4th quarter valued at $731,276,000. First Trust Advisors LP grew its stake in shares of Check Point Software Technologies by 6.3% during the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock valued at $492,588,000 after buying an additional 157,327 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Check Point Software Technologies by 9.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company’s stock worth $442,733,000 after buying an additional 170,373 shares during the last quarter. Finally, DNB Asset Management AS increased its holdings in shares of Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after buying an additional 932,485 shares during the last quarter. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Raymond James Financial cut Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Stephens restated an “overweight” rating and set a $145.00 price target on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Morgan Stanley set a $133.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $150.00 price objective on shares of Check Point Software Technologies in a research note on Thursday, July 23rd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $160.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Nine research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $149.48.

Insider Activity

In related news, Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Key Headlines Impacting Check Point Software Technologies

Here are the key news stories impacting Check Point Software Technologies this week:

• Positive Sentiment: Check Point reported second-quarter adjusted earnings of $2.55 per share, exceeding the $2.45 consensus estimate and rising from $2.37 a year earlier. Revenue increased 1.3% year over year to $673.6 million, while subscription revenue and demand for AI-security products supported growth. Check Point Software Q2 Earnings Surpass Estimates
• Positive Sentiment: Susquehanna raised its price target from $140 to $150 and assigned a “positive” rating, implying substantial upside from recent levels. Susquehanna Check Point Analyst Action
• Positive Sentiment: The company launched an AI Network Firewall designed to give organizations visibility and control over AI use across employees, applications and AI agents. The product could strengthen Check Point’s competitive position as cybersecurity demand increasingly shifts toward AI protection. Check Point Launches AI Network Firewall
• Neutral Sentiment: Full-year 2026 guidance calls for adjusted EPS of $10.05-$10.85 and revenue of $2.8-$2.9 billion, broadly in line with current Wall Street expectations and offering limited near-term upside to estimates. Check Point Reports Second-Quarter Results
• Negative Sentiment: Third-quarter revenue guidance of $655 million-$685 million fell below the $696.5 million consensus estimate, raising concerns about near-term growth. Product sales and cash flow also faced pressure despite the earnings beat.
• Negative Sentiment: Analyst views remain mixed: Wells Fargo cut its target from $140 to $130 and maintained an “equal weight” rating, suggesting limited upside and reinforcing caution around Check Point’s modest revenue growth. Wells Fargo Lowers Check Point Price Target

Check Point Software Technologies Stock Down 0.9%

Shares of Check Point Software Technologies stock opened at $127.13 on Friday. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $210.66. The stock has a market cap of $12.98 billion, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 3.79 and a beta of 0.49. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. The company has a fifty day moving average price of $131.11 and a 200 day moving average price of $145.23.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.45 by $0.10. The company had revenue of $673.60 million for the quarter, compared to analyst estimates of $675.45 million. Check Point Software Technologies had a return on equity of 38.17% and a net margin of 37.93%.The firm’s revenue was up 1.3% compared to the same quarter last year. During the same period last year, the company posted $2.37 earnings per share. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Equities research analysts forecast that Check Point Software Technologies Ltd. will post 8.44 earnings per share for the current fiscal 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).