Check Point Software Technologies Ltd. $CHKP Shares Sold by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP reduced its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 85.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 99,472 shares of the technology company’s stock after selling 579,486 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Check Point Software Technologies were worth $20,582,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of CHKP. Massachusetts Financial Services Co. MA boosted its holdings in shares of Check Point Software Technologies by 27.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock valued at $1,276,729,000 after acquiring an additional 1,317,167 shares in the last quarter. Norges Bank acquired a new stake in Check Point Software Technologies in the second quarter valued at about $714,801,000. Ninety One UK Ltd boosted its holdings in Check Point Software Technologies by 0.3% in the 3rd quarter. Ninety One UK Ltd now owns 2,601,592 shares of the technology company’s stock valued at $538,295,000 after purchasing an additional 8,814 shares in the last quarter. Ameriprise Financial Inc. increased its position in 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 purchasing an additional 170,373 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Check Point Software Technologies by 9.6% during the 2nd quarter. First Trust Advisors LP now owns 1,899,862 shares of the technology company’s stock worth $420,344,000 after buying an additional 166,092 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CHKP. Morgan Stanley set a $197.00 price target on Check Point Software Technologies in a research note on Wednesday, January 28th. Barclays decreased their target price on shares of Check Point Software Technologies from $220.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Friday, February 13th. Stephens cut their price target on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Evercore set a $185.00 price objective on shares of Check Point Software Technologies in a research note on Friday, February 13th. Finally, Robert W. Baird set a $220.00 price objective on shares of Check Point Software Technologies in a report on Friday, February 13th. Ten analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $214.80.

Check Point Software Technologies Price Performance

Check Point Software Technologies stock opened at $154.80 on Friday. The firm has a market capitalization of $17.02 billion, a PE ratio of 16.06, a P/E/G ratio of 3.39 and a beta of 0.58. Check Point Software Technologies Ltd. has a 52 week low of $150.17 and a 52 week high of $234.35. The firm’s 50-day simple moving average is $178.87 and its 200 day simple moving average is $188.67. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.63. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The firm had revenue of $744.90 million during the quarter, compared to the consensus estimate of $746.40 million. During the same period last year, the firm posted $2.70 EPS. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. On average, equities research analysts predict that Check Point Software Technologies Ltd. will post 8.61 EPS 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).