Insider Selling: Check Point Software Technologies (NASDAQ:CHKP) CRO Sells $1,269,516.48 in Stock

Check Point Software Technologies Ltd. (NASDAQ:CHKPGet Free Report) CRO Sherif Seddik sold 10,272 shares of Check Point Software Technologies stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the transaction, the executive directly owned 24,675 shares in the company, valued at approximately $3,049,583.25. The trade was a 29.39% decrease in their position. The sale was disclosed in a 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 Up 2.0%

Shares of CHKP stock opened at $127.82 on Friday. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $210.66. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72. The firm has a fifty day moving average of $130.42 and a 200-day moving average of $143.04. The company has a market capitalization of $13.05 billion, a price-to-earnings ratio of 13.08, a P/E/G ratio of 4.75 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.45 by $0.10. The business had revenue of $673.60 million for the quarter, compared to analysts’ expectations of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The firm’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.37 EPS. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, equities research analysts predict that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Institutional Trading of Check Point Software Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Abound Financial LLC bought a new position in Check Point Software Technologies in the fourth quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Check Point Software Technologies during the 3rd quarter worth approximately $27,000. MV Capital Management Inc. acquired a new stake in shares of Check Point Software Technologies in the 4th quarter valued at approximately $28,000. Ascentis Independent Advisors acquired a new stake in shares of Check Point Software Technologies in the 1st quarter valued at approximately $30,000. Finally, Elevation Wealth Partners LLC grew its stake in shares of Check Point Software Technologies by 42.7% in the second quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock valued at $33,000 after buying an additional 76 shares in the last quarter. Institutional investors own 98.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a report on Thursday, July 30th. JPMorgan Chase & Co. cut Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 target price on the stock. in a research note on Monday, July 27th. Compass Point set a $135.00 price target on Check Point Software Technologies in a research report on Monday, July 27th. Bank of America raised their price target on shares of Check Point Software Technologies from $120.00 to $140.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $150.00 price objective on shares of Check Point Software Technologies in a report on Thursday, July 23rd. Nine investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $149.67.

Read Our Latest Research 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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