Sumitomo Mitsui Trust Group Inc. Decreases Stock Position in Check Point Software Technologies Ltd. $CHKP

Posted by Stanley Muller on Jul 14th, 2026

Sumitomo Mitsui Trust Group Inc. cut its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 4.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,771 shares of the technology company’s stock after selling 7,305 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.16% of Check Point Software Technologies worth $23,823,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its holdings in shares of Check Point Software Technologies by 28.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after acquiring an additional 1,766,774 shares during the last quarter. Norges Bank bought a new position in Check Point Software Technologies during the 4th quarter valued at about $731,276,000. First Trust Advisors LP grew its holdings in Check Point Software Technologies by 6.3% during the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock valued at $492,588,000 after purchasing an additional 157,327 shares during the last quarter. Ameriprise Financial Inc. raised its position in Check Point Software Technologies by 8.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock worth $449,274,000 after purchasing an additional 170,075 shares during the period. Finally, DNB Asset Management AS raised its position in Check Point Software Technologies by 105.0% in the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after purchasing an additional 932,485 shares during the period. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

Shares of NASDAQ:CHKP opened at $134.32 on Tuesday. The firm’s 50 day simple moving average is $127.94 and its 200-day simple moving average is $150.31. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $225.23. The firm has a market cap of $14.18 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 3.89 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $668.40 million during the quarter, compared to analyst estimates of $672.55 million. During the same quarter in the previous year, the business earned $2.21 earnings per share. Check Point Software Technologies’s quarterly 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 year.

Insider Buying and Selling at Check Point Software Technologies

In other news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.

Analyst Upgrades and Downgrades

CHKP has been the subject of several recent analyst reports. The Goldman Sachs Group set a $168.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Wells Fargo & Company reduced their price target on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Stifel Nicolaus set a $120.00 price target on Check Point Software Technologies in a research note on Friday, May 1st. Royal Bank Of Canada cut their price objective on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, May 1st. Finally, Truist Financial set a $150.00 target price on Check Point Software Technologies in a research note on Thursday, April 30th. Ten investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Check Point Software Technologies currently has an average rating of “Hold” and a consensus price target of $150.70.

Check Out Our Latest Stock Report on CHKP

Check Point Software Technologies Company Profile

(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).