L2 Asset Management LLC Purchases 5,644 Shares of Check Point Software Technologies Ltd. $CHKP

L2 Asset Management LLC increased its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 47.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 17,499 shares of the technology company’s stock after purchasing an additional 5,644 shares during the period. L2 Asset Management LLC’s holdings in Check Point Software Technologies were worth $3,621,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Check Point Software Technologies during the 2nd quarter worth approximately $714,801,000. Massachusetts Financial Services Co. MA boosted its position in Check Point Software Technologies by 27.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock worth $1,276,729,000 after purchasing an additional 1,317,167 shares during the period. Schroder Investment Management Group raised its position in shares of Check Point Software Technologies by 2,413.2% in the second quarter. Schroder Investment Management Group now owns 628,858 shares of the technology company’s stock valued at $139,135,000 after purchasing an additional 603,836 shares during the period. First Trust Advisors LP lifted its stake in shares of Check Point Software Technologies by 31.4% during 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 last quarter. Finally, Capital World Investors bought a new stake in shares of Check Point Software Technologies during the 3rd quarter worth about $80,084,000. Institutional investors own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

CHKP has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $180.00 price target on shares of Check Point Software Technologies in a report on Friday, February 13th. Evercore set a $185.00 price target on Check Point Software Technologies in a research note on Friday, February 13th. Truist Financial set a $225.00 price objective on Check Point Software Technologies in a research report on Tuesday, January 20th. Scotiabank reduced their target price on shares of Check Point Software Technologies from $195.00 to $180.00 and set a “sector perform” rating for the company in a research report on Friday, February 13th. Finally, Argus raised shares of Check Point Software Technologies to a “hold” rating in a research report on Thursday, February 26th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $212.40.

Check Point Software Technologies Stock Down 0.5%

Shares of NASDAQ CHKP opened at $152.83 on Tuesday. Check Point Software Technologies Ltd. has a 52 week low of $150.17 and a 52 week high of $234.35. The stock’s fifty day moving average is $171.73 and its 200 day moving average is $186.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The stock has a market capitalization of $16.81 billion, a P/E ratio of 15.85, a PEG ratio of 3.40 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last released its earnings results on Thursday, February 12th. The technology company reported $3.40 EPS for the quarter, beating the consensus estimate of $2.77 by $0.63. The firm had revenue of $744.90 million for the quarter, compared to analyst estimates of $746.40 million. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $2.70 EPS. 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. Sell-side analysts forecast that Check Point Software Technologies Ltd. will post 8.61 earnings per share 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).