JPMorgan Chase & Co. Purchases 9,935 Shares of Check Point Software Technologies Ltd. $CHKP

JPMorgan Chase & Co. increased its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.0% in the third quarter, HoldingsChannel reports. The firm owned 174,357 shares of the technology company’s stock after purchasing an additional 9,935 shares during the quarter. JPMorgan Chase & Co.’s holdings in Check Point Software Technologies were worth $36,076,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new position in Check Point Software Technologies during the first quarter valued at $262,000. Nisa Investment Advisors LLC increased its stake in shares of Check Point Software Technologies by 39.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,531 shares of the technology company’s stock worth $339,000 after acquiring an additional 434 shares in the last quarter. Assetmark Inc. increased its stake in shares of Check Point Software Technologies by 124.3% in the 2nd quarter. Assetmark Inc. now owns 162,846 shares of the technology company’s stock worth $36,030,000 after acquiring an additional 90,247 shares in the last quarter. Savvy Advisors Inc. purchased a new position in Check Point Software Technologies during the 2nd quarter valued at about $231,000. Finally, Creekmur Asset Management LLC boosted its stake in Check Point Software Technologies by 30.2% during the second quarter. Creekmur Asset Management LLC now owns 1,558 shares of the technology company’s stock worth $345,000 after acquiring an additional 361 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Stock Down 1.8%

Check Point Software Technologies stock opened at $152.07 on Friday. Check Point Software Technologies Ltd. has a one year low of $150.17 and a one year high of $234.35. The stock has a fifty day moving average of $178.12 and a 200 day moving average of $188.47. 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 cap of $16.72 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 3.43 and a beta of 0.58.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. The Goldman Sachs Group dropped their price target on Check Point Software Technologies from $208.00 to $186.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Wedbush dropped their target price on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $180.00 target price on shares of Check Point Software Technologies in a research note on Friday, February 13th. UBS Group set a $200.00 price target on Check Point Software Technologies in a research report on Thursday, February 12th. Finally, KeyCorp upgraded shares of Check Point Software Technologies to a “hold” rating in a research note on Monday, January 12th. Ten investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $214.80.

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).