Assenagon Asset Management S.A. Sells 45,216 Shares of Check Point Software Technologies Ltd. $CHKP

Posted by Brenda Bartman on Jun 28th, 2026

Assenagon Asset Management S.A. cut its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 27.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 117,591 shares of the technology company’s stock after selling 45,216 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Check Point Software Technologies were worth $16,798,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Abound Financial LLC bought a new stake in shares of Check Point Software Technologies in the fourth quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new position in Check Point Software Technologies in the third quarter valued at about $27,000. MV Capital Management Inc. purchased a new position in Check Point Software Technologies in the fourth quarter worth about $28,000. Ossiam grew its stake in shares of Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 96 shares during the period. Finally, Hilltop National Bank bought a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $36,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Stock Up 5.9%

NASDAQ CHKP opened at $130.05 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market capitalization of $13.73 billion, a P/E ratio of 13.35, a P/E/G ratio of 3.84 and a beta of 0.49. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $232.07. The stock has a 50 day moving average price of $128.06 and a 200-day moving average price of $154.90.

Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) 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 the consensus estimate of $672.55 million. During the same period last year, the company earned $2.21 earnings per share. Check Point Software Technologies’s 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 analysts predict that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CHKP shares. Mizuho set a $135.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Scotiabank cut their price objective on shares of Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating for the company in a research report on Friday, May 1st. JPMorgan Chase & Co. reduced their price objective on Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Royal Bank Of Canada decreased their target price on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, May 1st. Finally, The Goldman Sachs Group set a $168.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $146.50.

Get Our Latest Research Report on CHKP

Insider Transactions at Check Point Software Technologies

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 approximately $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.

About Check Point Software Technologies

(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).