Aware Super Pty Ltd as trustee of Aware Super Lowers Stock Holdings in Check Point Software Technologies Ltd. $CHKP

Aware Super Pty Ltd as trustee of Aware Super cut its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 4.6% in the second quarter, Holdings Channel reports. The institutional investor owned 20,314 shares of the technology company’s stock after selling 973 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super’s holdings in Check Point Software Technologies were worth $4,494,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CHKP. TD Asset Management Inc increased its holdings in Check Point Software Technologies by 33.3% in the 2nd quarter. TD Asset Management Inc now owns 52,945 shares of the technology company’s stock worth $11,714,000 after acquiring an additional 13,213 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of Check Point Software Technologies by 4.3% in the second quarter. Oregon Public Employees Retirement Fund now owns 49,830 shares of the technology company’s stock valued at $11,025,000 after purchasing an additional 2,046 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Check Point Software Technologies by 17.1% during the second quarter. Sequoia Financial Advisors LLC now owns 7,487 shares of the technology company’s stock worth $1,656,000 after purchasing an additional 1,093 shares in the last quarter. Legal Advantage Investments Inc. acquired a new position in shares of Check Point Software Technologies during the 2nd quarter worth about $221,000. Finally, Franklin Parlapiano Turner & Welch LLC lifted its stake in Check Point Software Technologies by 2.8% in the 2nd quarter. Franklin Parlapiano Turner & Welch LLC now owns 34,567 shares of the technology company’s stock valued at $7,648,000 after buying an additional 934 shares in the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on CHKP. Barclays boosted their price objective on Check Point Software Technologies from $215.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Scotiabank set a $205.00 price target on Check Point Software Technologies and gave the stock a “sector perform” rating in a research report on Monday, October 6th. Stifel Nicolaus set a $200.00 price objective on Check Point Software Technologies in a research note on Wednesday, July 30th. Cantor Fitzgerald set a $220.00 target price on shares of Check Point Software Technologies and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Check Point Software Technologies in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seventeen have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $227.00.

Check Point Software Technologies Stock Down 2.0%

Shares of CHKP opened at $190.24 on Thursday. Check Point Software Technologies Ltd. has a 52-week low of $169.01 and a 52-week high of $234.35. The stock has a fifty day simple moving average of $194.51 and a two-hundred day simple moving average of $210.03. The company has a market capitalization of $20.92 billion, a PE ratio of 24.77, a price-to-earnings-growth ratio of 2.92 and a beta of 0.60.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.01. Check Point Software Technologies had a net margin of 32.48% and a return on equity of 33.21%. The firm had revenue of $665.20 million during the quarter, compared to analyst estimates of $663.10 million. During the same quarter in the prior year, the firm posted $2.17 earnings per share. Check Point Software Technologies’s quarterly revenue was up 6.0% on a year-over-year basis. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. As a group, equities analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

About Check Point Software Technologies

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.