Check Point Software Technologies (NASDAQ:CHKP) Stock Price Up 6.2% – Time to Buy?

Check Point Software Technologies Ltd. (NASDAQ:CHKP)’s stock price was up 6.2% during trading on Monday . The stock traded as high as $139.12 and last traded at $139.8130. 187,721 shares were traded during trading, a decline of 86% from the average daily volume of 1,347,476 shares. The stock had previously closed at $131.64.

Analyst Ratings Changes

A number of research firms recently weighed in on CHKP. JPMorgan Chase & Co. lowered shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 target price on the stock. in a report on Monday, July 27th. The Goldman Sachs Group decreased their price objective on Check Point Software Technologies from $168.00 to $150.00 and set a “neutral” rating for the company in a report on Saturday, August 1st. Raymond James Financial downgraded Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. TD Cowen reaffirmed a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, July 30th. Finally, Susquehanna raised their price objective on Check Point Software Technologies from $140.00 to $150.00 and gave the company a “positive” rating in a research note on Friday, July 31st. Eight equities research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $148.74.

Check Point Software Technologies Stock Up 5.9%

The stock’s fifty day moving average is $132.37 and its two-hundred day moving average is $135.42. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $14.24 billion, a PE ratio of 14.27, a P/E/G ratio of 3.76 and a beta of 0.50.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.45 by $0.10. The business had revenue of $673.60 million for the quarter, compared to analyst estimates of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, analysts predict that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Insider Buying and Selling

In related news, CRO Sherif Seddik sold 10,272 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total value of $1,269,516.48. Following the transaction, the executive owned 24,675 shares in the company, valued at approximately $3,049,583.25. This represents a 29.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CHKP. Horizon Investments LLC boosted its stake in Check Point Software Technologies by 28.9% during the third quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after buying an additional 54 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in shares of Check Point Software Technologies by 9.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 745 shares of the technology company’s stock worth $138,000 after acquiring an additional 64 shares during the last quarter. Advisory Services Network LLC lifted its holdings in shares of Check Point Software Technologies by 1.5% in the 4th quarter. Advisory Services Network LLC now owns 5,109 shares of the technology company’s stock worth $948,000 after acquiring an additional 76 shares during the last quarter. Elevation Wealth Partners LLC boosted its stake in shares of Check Point Software Technologies by 42.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock worth $33,000 after purchasing an additional 76 shares during the period. Finally, Parallel Advisors LLC grew its holdings in Check Point Software Technologies by 4.4% during the 4th quarter. Parallel Advisors LLC now owns 2,006 shares of the technology company’s stock valued at $372,000 after purchasing an additional 84 shares during the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, businesses and consumers from cyber threats. Its offerings address network, cloud, endpoint, mobile and data security, as well as security management and threat intelligence.

The company’s portfolio includes network security gateways and firewalls, cloud security solutions, endpoint protection, secure remote access, mobile security and security operations tools.