Swedbank AB Cuts Stake in Check Point Software Technologies Ltd. $CHKP

Swedbank AB lowered its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 454,160 shares of the technology company’s stock after selling 5,300 shares during the period. Swedbank AB owned about 0.41% of Check Point Software Technologies worth $84,274,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Penserra Capital Management LLC increased its stake in shares of Check Point Software Technologies by 14.1% during the third quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock worth $97,030,000 after purchasing an additional 57,817 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of Check Point Software Technologies by 3.3% during the fourth quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock worth $205,827,000 after purchasing an additional 35,448 shares in the last quarter. M&G PLC increased its stake in shares of Check Point Software Technologies by 48.8% during the third quarter. M&G PLC now owns 119,834 shares of the technology company’s stock worth $24,806,000 after purchasing an additional 39,292 shares in the last quarter. Phoenix Financial Ltd. purchased a new stake in shares of Check Point Software Technologies during the fourth quarter worth about $30,202,000. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Check Point Software Technologies by 28.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after purchasing an additional 1,766,774 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

CHKP opened at $133.63 on Friday. The firm has a market capitalization of $14.11 billion, a PE ratio of 13.72, a PEG ratio of 3.94 and a beta of 0.43. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $233.78. The firm’s 50-day moving average price is $136.93 and its 200 day moving average price is $166.07. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. Check Point Software Technologies’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.21 earnings per share. 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. As a group, sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CHKP shares. Royal Bank Of Canada cut their target price on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, May 1st. Bank of America lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research report on Monday, May 4th. Wedbush lowered their price target on shares of Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. TD Cowen set a $180.00 price target on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Finally, Piper Sandler lowered shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research report on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $146.50.

Check Point Software Technologies 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).