Oregon Public Employees Retirement Fund Trims Stock Position in Check Point Software Technologies Ltd. $CHKP

Oregon Public Employees Retirement Fund lowered its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 47.1% during the 1st quarter, Holdings Channel reports. The firm owned 26,216 shares of the technology company’s stock after selling 23,334 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Check Point Software Technologies were worth $3,745,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC bought a new stake in Check Point Software Technologies during the 1st quarter valued at $262,000. EverSource Wealth Advisors LLC lifted its stake in Check Point Software Technologies by 24.3% in the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock worth $132,000 after acquiring an additional 117 shares during the period. Squarepoint Ops LLC lifted its stake in Check Point Software Technologies by 20.9% in the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after acquiring an additional 4,577 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Check Point Software Technologies by 6.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after acquiring an additional 2,198 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its position in Check Point Software Technologies by 17.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock valued at $476,000 after purchasing an additional 317 shares during the period. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by corporate insiders.

Check Point Software Technologies Trading Up 1.0%

NASDAQ:CHKP opened at $138.16 on Friday. The stock has a market capitalization of $14.59 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 4.04 and a beta of 0.49. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $232.07. 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 50 day moving average of $127.67 and a 200 day moving average of $151.11.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The business had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. During the same period in the prior year, the firm posted $2.21 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on CHKP. Wedbush reduced their price target on shares of Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Guggenheim upgraded shares of Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 price objective on the stock in a research note on Wednesday, July 1st. Truist Financial set a $150.00 price objective on shares of Check Point Software Technologies in a report on Thursday, April 30th. Scotiabank raised shares of Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price objective for the company in a research note on Monday. Finally, Royal Bank Of Canada lowered their target price on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating for the company in a report on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $150.26.

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).