Check Point Software Technologies Ltd. $CHKP Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. reduced its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 174,076 shares of the technology company’s stock after selling 16,694 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Check Point Software Technologies were worth $32,302,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. HUB Investment Partners LLC boosted its stake in Check Point Software Technologies by 1.5% during the 3rd quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock valued at $736,000 after purchasing an additional 53 shares in the last quarter. Modern Wealth Management LLC boosted its stake in Check Point Software Technologies by 3.6% during the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after purchasing an additional 53 shares in the last quarter. Trust Point Inc. boosted its stake in Check Point Software Technologies by 2.3% during the 3rd quarter. Trust Point Inc. now owns 2,420 shares of the technology company’s stock valued at $501,000 after purchasing an additional 54 shares in the last quarter. Philip James Wealth Mangement LLC boosted its stake in Check Point Software Technologies by 1.1% during the 3rd quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock valued at $989,000 after purchasing an additional 54 shares in the last quarter. Finally, Horizon Investments LLC boosted its stake in Check Point Software Technologies by 28.9% during the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock valued at $50,000 after purchasing an additional 54 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CHKP. Piper Sandler decreased their price target on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. Barclays decreased their price target on Check Point Software Technologies from $195.00 to $165.00 and set an “equal weight” rating for the company in a research note on Monday. Truist Financial set a $225.00 price target on Check Point Software Technologies in a research note on Tuesday, January 20th. Wedbush decreased their price target on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Finally, Weiss Ratings lowered Check Point Software Technologies from a “buy (b-)” rating to a “hold (c-)” rating in a research note on Wednesday, April 1st. Seven equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $203.91.

Check Point Software Technologies Stock Performance

CHKP opened at $137.61 on Friday. The firm has a market cap of $14.53 billion, a PE ratio of 14.27, a P/E/G ratio of 2.98 and a beta of 0.65. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The business has a fifty day simple moving average of $154.15 and a 200-day simple moving average of $177.97. Check Point Software Technologies Ltd. has a fifty-two week low of $132.43 and a fifty-two week high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.63. The business had revenue of $744.90 million during the quarter, compared to analyst estimates of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company’s revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $2.70 EPS. 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, equities analysts predict that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

Check Point Software Technologies Company 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).