Yoav Chelouche Sells 25,000 Shares of Check Point Software Technologies (NASDAQ:CHKP) Stock

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the transaction, the director directly owned 4,008 shares in the company, valued at $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Stock Performance

CHKP stock opened at $135.82 on Friday. The stock has a market capitalization of $14.34 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 4.02 and a beta of 0.49. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $233.78. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. The stock’s 50 day simple moving average is $133.57 and its 200 day simple moving average is $161.61.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Bank of America lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 target price for the company. in a research note on Monday, May 4th. Truist Financial set a $150.00 target price on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Robert W. Baird set a $220.00 target price on shares of Check Point Software Technologies in a research note on Friday, February 13th. Wedbush decreased their target price on shares of Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Finally, Citigroup decreased their target price on shares of Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $146.50.

Institutional Investors Weigh In On Check Point Software Technologies

Several hedge funds and other institutional investors have recently modified their holdings of CHKP. Norges Bank purchased a new stake in shares of Check Point Software Technologies in the 4th quarter worth $731,276,000. Massachusetts Financial Services Co. MA increased its stake in shares of Check Point Software Technologies by 28.6% in the 4th 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of 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 purchasing an additional 1,229,271 shares in the last quarter. DNB Asset Management AS increased its stake in shares of Check Point Software Technologies by 105.0% in the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after purchasing an additional 932,485 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in Check Point Software Technologies by 31.4% in the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock worth $516,711,000 after buying an additional 597,413 shares during the period. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

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).