Clal Insurance Enterprises Holdings Ltd lifted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 30.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 170,411 shares of the technology company’s stock after purchasing an additional 40,000 shares during the quarter. Clal Insurance Enterprises Holdings Ltd owned about 0.16% of Check Point Software Technologies worth $24,343,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in the business. Abound Financial LLC acquired a new stake in shares of Check Point Software Technologies during the 4th quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in Check Point Software Technologies in the 3rd quarter valued at about $27,000. MV Capital Management Inc. purchased a new position in Check Point Software Technologies in the fourth quarter worth approximately $28,000. Ascentis Independent Advisors acquired a new position in shares of Check Point Software Technologies during the 1st quarter worth about $30,000. Finally, Ossiam raised its holdings in Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 96 shares in the last quarter. 98.51% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. Roth Capital set a $160.00 price target on Check Point Software Technologies in a research note on Friday, May 1st. Cantor Fitzgerald lowered their price objective on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Raymond James Financial cut shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Weiss Ratings cut Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. Finally, Truist Financial set a $150.00 target price on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Ten investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $151.44.
Insider Buying and Selling at Check Point Software Technologies
In related news, Director Yoav Chelouche sold 25,000 shares of the company’s 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 sale, the director directly owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.
Check Point Software Technologies Price Performance
CHKP opened at $130.46 on Wednesday. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $225.23. The company’s 50 day simple moving average is $130.24 and its 200 day simple moving average is $148.09. The stock has a market capitalization of $13.78 billion, a PE ratio of 13.39, a P/E/G ratio of 4.00 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last issued its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping 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 return on equity of 38.79% and a net margin of 38.37%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the company 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. As a group, sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.
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).
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