Goldman Sachs Group Inc. boosted its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 30.5% in the fourth quarter, Holdings Channel reports. The fund owned 639,967 shares of the technology company’s stock after purchasing an additional 149,637 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Check Point Software Technologies were worth $118,752,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in CHKP. Measured Wealth Private Client Group LLC bought a new stake in Check Point Software Technologies during the third quarter valued at approximately $27,000. Ossiam raised its position 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 during the last quarter. Hilltop National Bank purchased a new position in shares of Check Point Software Technologies in the fourth quarter worth $36,000. Sunbelt Securities Inc. purchased a new position in Check Point Software Technologies during the third quarter valued at $38,000. Finally, LRI Investments LLC increased its holdings in Check Point Software Technologies by 100.9% in the 4th quarter. LRI Investments LLC now owns 215 shares of the technology company’s stock valued at $40,000 after acquiring an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.
Insider Buying and Selling
In related news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the sale, the director owned 4,008 shares in the company, valued at $562,242.24. This trade represents a 86.18% decrease in their position. The sale was disclosed in a filing with the SEC, 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 corporate insiders.
Analyst Ratings Changes
Get Our Latest Stock Analysis on CHKP
Check Point Software Technologies Trading Down 4.8%
CHKP opened at $129.28 on Tuesday. 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 stock’s 50 day moving average price is $133.30 and its 200-day moving average price is $160.97. 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 market cap of $13.65 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 4.00 and a beta of 0.49.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last posted its quarterly earnings data 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 company had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the previous year, the business earned $2.21 EPS. Check Point Software Technologies’s revenue 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. On average, equities analysts forecast that Check Point Software Technologies Ltd. will post 8.47 EPS for the current year.
About Check Point Software Technologies
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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