Illinois Municipal Retirement Fund Sells 4,872 Shares of Check Point Software Technologies Ltd. $CHKP

Posted by Stanley Muller on Jul 18th, 2026

Illinois Municipal Retirement Fund cut its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 10.3% in the first quarter, Holdings Channel.com reports. The firm owned 42,444 shares of the technology company’s stock after selling 4,872 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Check Point Software Technologies were worth $6,063,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CHKP. Camden National Bank lifted its holdings in shares of Check Point Software Technologies by 21.4% in the first quarter. Camden National Bank now owns 68,992 shares of the technology company’s stock valued at $9,856,000 after purchasing an additional 12,175 shares in the last quarter. Roberts Glore & Co. Inc. IL grew its holdings in shares of Check Point Software Technologies by 5.7% during the first quarter. Roberts Glore & Co. Inc. IL now owns 2,047 shares of the technology company’s stock worth $292,000 after buying an additional 110 shares in the last quarter. Arbejdsmarkedets Tillaegspension grew its holdings in shares of Check Point Software Technologies by 10.3% during the first quarter. Arbejdsmarkedets Tillaegspension now owns 132,187 shares of the technology company’s stock worth $18,883,000 after buying an additional 12,359 shares in the last quarter. J. Safra Sarasin Holding AG raised its position in Check Point Software Technologies by 13.0% in the 1st quarter. J. Safra Sarasin Holding AG now owns 2,236 shares of the technology company’s stock valued at $319,000 after buying an additional 258 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in Check Point Software Technologies by 45.9% in the 1st quarter. Fifth Third Bancorp now owns 766 shares of the technology company’s stock valued at $109,000 after buying an additional 241 shares during the last quarter. Institutional investors own 98.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CHKP. Stephens reaffirmed an “overweight” rating and set a $145.00 price target on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Truist Financial set a $150.00 price objective on shares of Check Point Software Technologies in a report on Thursday, April 30th. Jefferies Financial Group reissued a “buy” rating and issued a $160.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Compass Point set a $120.00 target price on shares of Check Point Software Technologies in a report on Monday, May 4th. Finally, Piper Sandler downgraded shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 target price for the company. in a research report on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $150.70.

Read Our Latest Report on Check Point Software Technologies

Check Point Software Technologies Stock Performance

Shares of NASDAQ CHKP opened at $137.10 on Friday. The stock has a 50 day moving average price of $129.55 and a 200 day moving average price of $149.12. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $225.23. 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 has a market capitalization of $14.48 billion, a PE ratio of 14.08, a price-to-earnings-growth ratio of 4.03 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. The firm had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The business’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $2.21 earnings per share. 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. Analysts predict that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Insider Activity at Check Point Software Technologies

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

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).