National Pension Service Grows Stock Holdings in Check Point Software Technologies Ltd. $CHKP

National Pension Service boosted its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 114.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,468 shares of the technology company’s stock after buying an additional 8,268 shares during the period. National Pension Service’s holdings in Check Point Software Technologies were worth $2,033,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. California State Teachers Retirement System raised its position in shares of Check Point Software Technologies by 12,154.2% in the second quarter. California State Teachers Retirement System now owns 12,142,686 shares of the technology company’s stock worth $1,595,913,000 after buying an additional 12,043,596 shares in the last quarter. Norges Bank purchased a new position in Check Point Software Technologies during the fourth quarter worth about $731,276,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Check Point Software Technologies by 26,561.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,233,899 shares of the technology company’s stock worth $228,962,000 after acquiring an additional 1,229,271 shares during the last quarter. Altshuler Shaham Ltd increased its stake in Check Point Software Technologies by 6,253,188.9% in the 4th quarter. Altshuler Shaham Ltd now owns 562,796 shares of the technology company’s stock worth $104,432,000 after acquiring an additional 562,787 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Check Point Software Technologies by 1,032.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 318,042 shares of the technology company’s stock valued at $59,016,000 after acquiring an additional 289,951 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on CHKP. Susquehanna boosted their price objective on Check Point Software Technologies from $140.00 to $150.00 and gave the stock a “positive” rating in a report on Friday, July 31st. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, July 30th. JPMorgan Chase & Co. cut shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 price target for the company. in a research note on Monday, July 27th. Scotiabank raised shares of Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price target on the stock in a report on Monday, July 6th. Finally, Wells Fargo & Company lowered their price objective on shares of Check Point Software Technologies from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Friday, July 31st. Eight equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat.com, Check Point Software Technologies currently has an average rating of “Hold” and an average target price of $148.74.

Insider Activity at Check Point Software Technologies

In other news, CRO Sherif Seddik sold 10,272 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the sale, the executive directly 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 SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP opened at $131.64 on Monday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $210.66. The firm has a market cap of $13.44 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 3.76 and a beta of 0.50. The business has a 50 day moving average price of $132.37 and a 200-day moving average price of $135.42.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $0.10. The company had revenue of $673.60 million during 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 firm’s revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.37 EPS. 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. Equities research analysts predict that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current year.

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.