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

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 0.9%

NASDAQ:CHKP traded down $1.06 on Thursday, reaching $123.62. 130,942 shares of the stock traded hands, compared to its average volume of 1,439,151. 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 company has a market capitalization of $13.05 billion, a price-to-earnings ratio of 12.73, a PEG ratio of 3.66 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 $232.07. The company’s fifty day simple moving average is $128.39 and its 200 day simple moving average is $155.57.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The company had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. During the same quarter last year, the firm earned $2.21 earnings per share. The firm’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. Equities analysts predict that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $160.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Cantor Fitzgerald reduced 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 report on Tuesday, April 21st. TD Cowen set a $180.00 price objective on Check Point Software Technologies in a research report on Thursday, April 30th. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a report on Monday, May 4th. Finally, Royal Bank Of Canada dropped their price objective on 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. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned 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 target price of $146.50.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Abound Financial LLC purchased a new position in Check Point Software Technologies during the 4th quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC purchased a new position in Check Point Software Technologies in the third quarter worth about $27,000. MV Capital Management Inc. purchased a new position in shares of Check Point Software Technologies in the 4th quarter worth approximately $28,000. Ascentis Independent Advisors bought a new position in shares of Check Point Software Technologies during the 1st quarter valued at approximately $30,000. Finally, Western Wealth Management LLC purchased a new stake in Check Point Software Technologies during the 1st quarter valued at $33,000. Institutional investors own 98.51% of the company’s stock.

Insiders Place Their Bets

In other news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction 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 sale, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 company 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).