Greenup Street Wealth Management LLC purchased a new stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,763 shares of the technology company’s stock, valued at approximately $3,109,000.
Other hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Check Point Software Technologies during the 3rd quarter valued at $27,000. Abound Financial LLC acquired a new stake in shares of Check Point Software Technologies in the fourth quarter worth $27,000. MV Capital Management Inc. acquired a new stake in shares of Check Point Software Technologies in the fourth quarter worth $28,000. Ossiam grew its holdings in shares of Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after buying an additional 96 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Check Point Software Technologies during the third quarter valued at $38,000. Hedge funds and other institutional investors own 98.51% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on CHKP. Truist Financial set a $150.00 price objective on Check Point Software Technologies in a research note on Thursday, April 30th. The Goldman Sachs Group set a $168.00 target price on Check Point Software Technologies in a research note on Friday, May 1st. Morgan Stanley set a $133.00 target price on Check Point Software Technologies in a report on Friday, May 1st. Compass Point set a $120.00 price target on shares of Check Point Software Technologies in a research report on Monday, May 4th. Finally, Stifel Nicolaus set a $120.00 price target 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $146.50.
Check Point Software Technologies Price Performance
CHKP opened at $124.68 on Thursday. The stock has a fifty day moving average price of $128.39 and a 200 day moving average price of $155.57. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $232.07. The stock has a market cap of $13.17 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 3.66 and a beta of 0.49.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last posted its quarterly 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%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the business earned $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. Analysts forecast that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.
Insider Transactions at Check Point Software Technologies
In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction that occurred on Tuesday, June 2nd. The shares were 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 directly owned 4,008 shares in the company, valued at $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 company insiders.
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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