Swiss National Bank Purchases 70,500 Shares of Check Point Software Technologies Ltd. $CHKP

Swiss National Bank grew its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 28.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 316,600 shares of the technology company’s stock after buying an additional 70,500 shares during the period. Swiss National Bank’s holdings in Check Point Software Technologies were worth $45,226,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Assetmark Inc. increased its stake in shares of Check Point Software Technologies by 5.1% in the 1st quarter. Assetmark Inc. now owns 223,868 shares of the technology company’s stock worth $31,980,000 after acquiring an additional 10,903 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Check Point Software Technologies during the first quarter worth about $3,112,000. BCGM Wealth Management LLC grew its holdings in Check Point Software Technologies by 5.3% in the first quarter. BCGM Wealth Management LLC now owns 9,548 shares of the technology company’s stock worth $1,364,000 after purchasing an additional 484 shares during the period. Camden National Bank grew its holdings in Check Point Software Technologies by 21.4% in the first quarter. Camden National Bank now owns 68,992 shares of the technology company’s stock worth $9,856,000 after purchasing an additional 12,175 shares during the period. Finally, Roberts Glore & Co. Inc. IL increased its stake in shares of Check Point Software Technologies by 5.7% during the first quarter. Roberts Glore & Co. Inc. IL now owns 2,047 shares of the technology company’s stock valued at $292,000 after purchasing an additional 110 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Price Performance

Shares of CHKP opened at $127.91 on Thursday. The company has a market capitalization of $13.51 billion, a P/E ratio of 13.13, a price-to-earnings-growth ratio of 3.85 and a beta of 0.49. 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 $130.50 and a 200 day moving average of $147.68. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $224.20.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $672.55 million. During the same period in the prior year, the firm posted $2.21 EPS. The firm’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, equities research analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Guggenheim upgraded shares of Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 target price for the company in a report on Wednesday, July 1st. Citigroup reduced their price objective on Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. BMO Capital Markets lowered their price objective on Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Weiss Ratings downgraded 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 price target on Check Point Software Technologies in a report on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $151.44.

Insider Buying and Selling at Check Point Software Technologies

In other news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director directly owned 4,008 shares of the company’s stock, valued at $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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.

About Check Point Software Technologies

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).