Check Point Software Technologies Ltd. $CHKP Shares Sold by Atria Investments Inc

Atria Investments Inc lowered its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 9.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,635 shares of the technology company’s stock after selling 3,004 shares during the quarter. Atria Investments Inc’s holdings in Check Point Software Technologies were worth $6,114,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Check Point Software Technologies by 15.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,937 shares of the technology company’s stock worth $899,000 after purchasing an additional 541 shares during the period. Penserra Capital Management LLC lifted its holdings in Check Point Software Technologies by 5.6% in the 1st quarter. Penserra Capital Management LLC now owns 393,212 shares of the technology company’s stock valued at $89,620,000 after acquiring an additional 20,812 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Check Point Software Technologies by 43.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,483,714 shares of the technology company’s stock valued at $338,168,000 after acquiring an additional 450,099 shares during the last quarter. Nuveen LLC acquired a new stake in Check Point Software Technologies in the 1st quarter valued at about $88,286,000. Finally, National Pension Service lifted its holdings in Check Point Software Technologies by 49.2% in the 1st quarter. National Pension Service now owns 393,586 shares of the technology company’s stock valued at $89,706,000 after acquiring an additional 129,829 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Price Performance

Shares of CHKP opened at $195.68 on Friday. Check Point Software Technologies Ltd. has a one year low of $169.01 and a one year high of $234.35. The company has a 50-day moving average of $196.51 and a two-hundred day moving average of $207.95. The stock has a market cap of $21.52 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 2.97 and a beta of 0.60.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $1.49. The business had revenue of $677.50 million during the quarter, compared to analyst estimates of $673.60 million. Check Point Software Technologies had a net margin of 37.62% and a return on equity of 37.91%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.25 earnings per share. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS. Q4 2025 guidance at 2.700-2.800 EPS. Analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CHKP shares. UBS Group upped their price target on shares of Check Point Software Technologies from $210.00 to $215.00 and gave the company a “neutral” rating in a report on Wednesday. Mizuho set a $225.00 price target on shares of Check Point Software Technologies in a report on Wednesday. Cantor Fitzgerald reissued a “neutral” rating and issued a $220.00 price target on shares of Check Point Software Technologies in a report on Wednesday, October 22nd. Royal Bank Of Canada upped their price objective on shares of Check Point Software Technologies from $207.00 to $215.00 and gave the company a “sector perform” rating in a research note on Wednesday. Finally, Stifel Nicolaus set a $211.00 target price on shares of Check Point Software Technologies in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $230.48.

Check Point Software Technologies Company Profile

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.