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

Check Point Software Technologies Ltd. (NASDAQ:CHKPGet Free Report) Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction dated 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 $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Stock Performance

NASDAQ CHKP opened at $135.68 on Thursday. The firm has a market cap of $14.33 billion, a P/E ratio of 13.93, a P/E/G ratio of 4.13 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 $233.78. The business’s 50-day moving average price is $133.87 and its 200 day moving average price is $162.23. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share 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 company had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same period last year, the firm earned $2.21 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts expect that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current year.

Hedge Funds Weigh In On Check Point Software Technologies

A number of large investors have recently made changes to their positions in CHKP. Penserra Capital Management LLC grew its holdings in shares of Check Point Software Technologies by 14.1% in the 3rd quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock worth $97,030,000 after acquiring an additional 57,817 shares during the period. Nordea Investment Management AB raised its holdings in Check Point Software Technologies by 3.3% during the fourth quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock worth $205,827,000 after purchasing an additional 35,448 shares during the last quarter. M&G PLC boosted its position in Check Point Software Technologies by 48.8% during the third quarter. M&G PLC now owns 119,834 shares of the technology company’s stock worth $24,806,000 after purchasing an additional 39,292 shares in the last quarter. Phoenix Financial Ltd. purchased a new stake in Check Point Software Technologies during the fourth quarter worth $30,202,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in Check Point Software Technologies by 28.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after purchasing an additional 1,766,774 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Weiss Ratings cut shares of Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. lowered their target price on shares of Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Piper Sandler lowered shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research note on Thursday, April 30th. TD Cowen set a $180.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Finally, Stephens reaffirmed an “overweight” rating and issued a $145.00 price objective on shares of Check Point Software Technologies in a report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $146.50.

Check Out Our Latest Report on CHKP

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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