Sculptor Capital LP bought a new stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) in the fourth quarter, Holdings Channel reports. The fund bought 36,630 shares of the technology company’s stock, valued at approximately $6,797,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its holdings in Check Point Software Technologies by 28.2% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,570 shares of the technology company’s stock valued at $477,000 after buying an additional 565 shares in the last quarter. Twin City Private Wealth LLC grew its holdings in Check Point Software Technologies by 57.6% during the 4th quarter. Twin City Private Wealth LLC now owns 5,840 shares of the technology company’s stock valued at $1,084,000 after buying an additional 2,135 shares in the last quarter. USS Investment Management Ltd grew its holdings in Check Point Software Technologies by 1.5% during the 4th quarter. USS Investment Management Ltd now owns 15,702 shares of the technology company’s stock valued at $2,912,000 after buying an additional 236 shares in the last quarter. Verition Fund Management LLC grew its holdings in Check Point Software Technologies by 1,131.4% during the 4th quarter. Verition Fund Management LLC now owns 32,460 shares of the technology company’s stock valued at $6,023,000 after buying an additional 29,824 shares in the last quarter. Finally, Panagora Asset Management Inc. grew its holdings in Check Point Software Technologies by 793.4% during the 4th quarter. Panagora Asset Management Inc. now owns 55,274 shares of the technology company’s stock valued at $10,257,000 after buying an additional 49,087 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on CHKP. Piper Sandler lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price objective for the company. in a report on Thursday, April 30th. Stifel Nicolaus set a $120.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Morgan Stanley set a $133.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Barclays cut their price objective on Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating for the company in a report on Friday, May 1st. Finally, Jefferies Financial Group reissued a “buy” rating and set a $160.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Eight 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 MarketBeat.com, Check Point Software Technologies has an average rating of “Hold” and a consensus target price of $146.50.
Insiders Place Their Bets
In related news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction that occurred on 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 owned 4,008 shares in the company, valued at $562,242.24. The trade was a 86.18% decrease in their position. The transaction was disclosed in a filing 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 insiders.
Check Point Software Technologies Stock Down 0.5%
Shares of NASDAQ CHKP opened at $123.46 on Tuesday. Check Point Software Technologies Ltd. has a 12 month low of $112.23 and a 12 month high of $232.07. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $13.04 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 3.66 and a beta of 0.49. The business has a 50-day moving average of $131.44 and a 200-day moving average of $158.84.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last released its earnings results 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. The company had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.Check Point Software Technologies’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.47 earnings per share 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).
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