Skandinaviska Enskilda Banken AB publ Sells 23,457 Shares of Check Point Software Technologies Ltd. $CHKP

Skandinaviska Enskilda Banken AB publ trimmed its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 67.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,198 shares of the technology company’s stock after selling 23,457 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Check Point Software Technologies were worth $2,324,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new position in shares of Check Point Software Technologies in the 2nd quarter valued at approximately $25,000. Louisbourg Investments Inc. acquired a new stake in Check Point Software Technologies during the 3rd quarter worth approximately $29,000. First Horizon Corp bought a new position in Check Point Software Technologies in the third quarter valued at approximately $38,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Check Point Software Technologies in the third quarter valued at approximately $42,000. Finally, Richardson Financial Services Inc. increased its position in shares of Check Point Software Technologies by 63.2% during the third quarter. Richardson Financial Services Inc. now owns 204 shares of the technology company’s stock worth $42,000 after acquiring an additional 79 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on CHKP. Evercore set a $185.00 target price on shares of Check Point Software Technologies in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $180.00 price target on shares of Check Point Software Technologies in a report on Friday, February 13th. Scotiabank decreased their price objective on Check Point Software Technologies from $195.00 to $180.00 and set a “sector perform” rating for the company in a report on Friday, February 13th. Citigroup cut their target price on Check Point Software Technologies from $210.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 13th. Finally, Robert W. Baird set a $220.00 price target on shares of Check Point Software Technologies in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $214.80.

Check Point Software Technologies Stock Performance

Shares of NASDAQ CHKP opened at $159.04 on Friday. 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 50 day moving average price of $181.59 and a 200 day moving average price of $189.58. The stock has a market capitalization of $17.49 billion, a PE ratio of 16.50, a price-to-earnings-growth ratio of 3.53 and a beta of 0.58. Check Point Software Technologies Ltd. has a 52 week low of $157.29 and a 52 week high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million for the quarter, compared to analysts’ expectations of $746.40 million. During the same quarter in the prior year, the business posted $2.70 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. 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. Analysts predict 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).