Check Point Software Technologies (NASDAQ:CHKP) Stock Sold Off Rep. Thomas H. Kean, Jr.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP). In a filing disclosed on June 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Check Point Software Technologies stock on June 1st. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of EQT (NYSE:EQT) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 4/29/2026.
• Sold $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 4/21/2026.
• Sold $1,001 – $15,000 in shares of nVent Electric (NYSE:NVT) on 4/15/2026.
• Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/14/2026.
• Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 4/14/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 3/31/2026.
• Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 3/26/2026.
• Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 3/26/2026.
• Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 3/26/2026.

Check Point Software Technologies Stock Down 1.5%

NASDAQ CHKP traded down $1.84 on Thursday, reaching $122.84. The company had a trading volume of 1,428,989 shares, compared to its average volume of 1,450,351. The company’s fifty day moving average is $128.39 and its 200-day moving average is $155.57. Check Point Software Technologies Ltd. has a 1-year low of $112.23 and a 1-year high of $232.07. The firm has a market capitalization of $12.97 billion, a price-to-earnings ratio of 12.61, a price-to-earnings-growth ratio of 3.66 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85.

Check Point Software Technologies (NASDAQ:CHKP) last released its earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the previous year, the business posted $2.21 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. On average, research analysts forecast that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Institutional Trading of Check Point Software Technologies

Several institutional investors and hedge funds have recently modified their holdings of the stock. HUB Investment Partners LLC grew its holdings in Check Point Software Technologies by 1.5% during the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock worth $736,000 after buying an additional 53 shares in the last quarter. Modern Wealth Management LLC boosted its holdings in Check Point Software Technologies by 3.6% during the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock worth $313,000 after acquiring an additional 53 shares during the last quarter. Horizon Investments LLC grew its stake in shares of Check Point Software Technologies by 28.9% in the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after acquiring an additional 54 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. grew its stake in shares of Check Point Software Technologies by 4.6% in the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,353 shares of the technology company’s stock worth $251,000 after acquiring an additional 59 shares in the last quarter. Finally, RIA Advisory Group LLC raised its holdings in shares of Check Point Software Technologies by 5.1% in the fourth quarter. RIA Advisory Group LLC now owns 1,258 shares of the technology company’s stock valued at $233,000 after purchasing an additional 61 shares during the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CHKP. Cantor Fitzgerald decreased their price target on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. Royal Bank Of Canada lowered their price objective on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, May 1st. Morgan Stanley set a $133.00 price objective on Check Point Software Technologies in a research report on Friday, May 1st. The Goldman Sachs Group set a $168.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Finally, Wells Fargo & Company reduced their price objective on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating for the company in a report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $146.50.

Insider Buying and Selling at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by insiders.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

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).