Geode Capital Management LLC grew its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 1.7% during the fourth quarter, Holdings Channel reports. The fund owned 888,696 shares of the technology company’s stock after purchasing an additional 14,668 shares during the period. Geode Capital Management LLC’s holdings in Check Point Software Technologies were worth $164,031,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Check Point Software Technologies in the 3rd quarter worth approximately $27,000. Ossiam grew its stake in shares of Check Point Software Technologies by 139.1% in the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after buying an additional 96 shares during the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of Check Point Software Technologies in the 3rd quarter worth approximately $38,000. Hilltop National Bank purchased a new stake in shares of Check Point Software Technologies in the 4th quarter worth approximately $36,000. Finally, LRI Investments LLC grew its stake in shares of Check Point Software Technologies by 100.9% in the 4th quarter. LRI Investments LLC now owns 215 shares of the technology company’s stock worth $40,000 after buying an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently weighed in on CHKP shares. Robert W. Baird set a $220.00 price target on Check Point Software Technologies in a research note on Friday, February 13th. Cantor Fitzgerald cut their price target on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Compass Point set a $120.00 price target on Check Point Software Technologies in a research note on Monday, May 4th. Stifel Nicolaus set a $120.00 price target on Check Point Software Technologies in a research note on Friday, May 1st. Finally, Argus upgraded Check Point Software Technologies to a “hold” rating in a research note on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $146.50.
Check Point Software Technologies Price Performance
Shares of Check Point Software Technologies stock opened at $135.68 on Thursday. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $233.78. The stock’s fifty day moving average is $133.87 and its 200 day moving average is $162.23. The stock has a market cap of $14.33 billion, a P/E ratio of 13.93, a P/E/G ratio of 4.13 and a beta of 0.49. 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 (NASDAQ:CHKP – Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $2.50 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 for the quarter, compared to analysts’ expectations of $672.55 million. During the same period last year, the firm earned $2.21 EPS. Check Point Software Technologies’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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 anticipate that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current year.
Check Point Software Technologies 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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