Bank Hapoalim BM Sells 5,458 Shares of Check Point Software Technologies Ltd. $CHKP

Bank Hapoalim BM decreased its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 16.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,939 shares of the technology company’s stock after selling 5,458 shares during the quarter. Bank Hapoalim BM’s holdings in Check Point Software Technologies were worth $5,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in CHKP. Fulton Bank N.A. raised its stake in shares of Check Point Software Technologies by 3.2% during the 2nd quarter. Fulton Bank N.A. now owns 1,493 shares of the technology company’s stock valued at $330,000 after purchasing an additional 46 shares during the period. Sterling Investment Advisors Ltd. grew its holdings in Check Point Software Technologies by 2.6% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 1,970 shares of the technology company’s stock valued at $436,000 after buying an additional 50 shares in the last quarter. Trust Point Inc. increased its position in shares of Check Point Software Technologies by 2.3% during the third quarter. Trust Point Inc. now owns 2,420 shares of the technology company’s stock valued at $501,000 after buying an additional 54 shares during the period. Philip James Wealth Mangement LLC lifted its holdings in shares of Check Point Software Technologies by 1.1% in the third quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock worth $989,000 after buying an additional 54 shares in the last quarter. Finally, Aaron Wealth Advisors LLC boosted its position in shares of Check Point Software Technologies by 5.2% in the second quarter. Aaron Wealth Advisors LLC now owns 1,105 shares of the technology company’s stock valued at $244,000 after acquiring an additional 55 shares during the period. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Mizuho set a $225.00 target price on shares of Check Point Software Technologies in a report on Wednesday, October 29th. Morgan Stanley set a $212.00 price target on shares of Check Point Software Technologies in a report on Wednesday, October 29th. Barclays dropped their price objective on Check Point Software Technologies from $235.00 to $220.00 and set an “equal weight” rating for the company in a research note on Monday, January 5th. JPMorgan Chase & Co. cut their price objective on Check Point Software Technologies from $257.00 to $251.00 and set an “overweight” rating for the company in a report on Wednesday, September 24th. Finally, Royal Bank Of Canada decreased their price objective on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Check Point Software Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $230.41.

Check Point Software Technologies Price Performance

NASDAQ:CHKP opened at $185.54 on Friday. The firm’s 50-day moving average price is $189.92 and its 200-day moving average price is $196.43. The company has a market capitalization of $20.41 billion, a PE ratio of 20.32, a P/E/G ratio of 3.27 and a beta of 0.59. Check Point Software Technologies Ltd. has a 1-year low of $178.68 and a 1-year high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $1.49. The firm had revenue of $677.50 million during the quarter, compared to analyst estimates of $673.60 million. Check Point Software Technologies had a return on equity of 37.91% and a net margin of 37.62%.Check Point Software Technologies’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.25 EPS. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS and its Q4 2025 guidance at 2.700-2.800 EPS. Equities analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal 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).