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

Check Point Software Technologies Ltd. (NASDAQ:CHKPGet Free Report) Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the transaction, the director owned 4,008 shares in the company, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Stock Up 0.6%

Shares of CHKP opened at $136.46 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. The firm has a market cap of $14.41 billion, a PE ratio of 14.01, a price-to-earnings-growth ratio of 4.00 and a beta of 0.49. The company’s fifty day moving average is $133.71 and its two-hundred day moving average is $161.80. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $233.78.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its 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. The business had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business 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. Analysts forecast that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CHKP has been the topic of several recent research reports. Truist Financial set a $150.00 target price on shares of Check Point Software Technologies in a report on Thursday, April 30th. Royal Bank Of Canada reduced their target price on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, May 1st. Barclays reduced their target price on shares of Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Wells Fargo & Company reduced their target price on shares of Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Finally, UBS Group reduced their target price on shares of Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Eight equities 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’s stock. Based on data from MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and an average price target of $146.50.

View Our Latest Research Report on CHKP

Institutional Investors Weigh In On Check Point Software Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC bought a new stake in shares of Check Point Software Technologies in the 3rd quarter worth about $27,000. Abound Financial LLC bought a new stake in shares of Check Point Software Technologies in the 4th quarter worth about $27,000. MV Capital Management Inc. bought a new stake in shares of Check Point Software Technologies in the 4th quarter worth about $28,000. Ossiam increased its position in shares of Check Point Software Technologies by 139.1% in the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 96 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of Check Point Software Technologies in the 3rd quarter worth about $38,000. Institutional investors own 98.51% of the company’s stock.

About Check Point Software Technologies

(Get Free Report)

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).

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