Rhumbline Advisers Sells 4,282 Shares of Check Point Software Technologies Ltd. $CHKP

Rhumbline Advisers decreased its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 11.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,296 shares of the technology company’s stock after selling 4,282 shares during the period. Rhumbline Advisers’ holdings in Check Point Software Technologies were worth $7,096,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. AQR Capital Management LLC purchased a new position in shares of Check Point Software Technologies during the 1st quarter valued at $262,000. Stratos Wealth Partners LTD. purchased a new stake in Check Point Software Technologies during the second quarter valued at about $280,000. Caitong International Asset Management Co. Ltd lifted its holdings in Check Point Software Technologies by 47,800.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 479 shares of the technology company’s stock valued at $106,000 after purchasing an additional 478 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Check Point Software Technologies by 1.8% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 183,755 shares of the technology company’s stock worth $40,656,000 after purchasing an additional 3,296 shares in the last quarter. Finally, CNB Bank raised its position in shares of Check Point Software Technologies by 69.7% in the second quarter. CNB Bank now owns 392 shares of the technology company’s stock valued at $87,000 after purchasing an additional 161 shares during the period. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Price Performance

NASDAQ:CHKP opened at $159.04 on Friday. Check Point Software Technologies Ltd. has a 52-week low of $157.29 and a 52-week high of $234.35. The stock has a fifty day moving average of $181.59 and a 200 day moving average of $189.58. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The firm has a market capitalization of $17.49 billion, a price-to-earnings ratio of 16.50, a P/E/G ratio of 3.53 and a beta of 0.58.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.63. The firm had revenue of $744.90 million for the quarter, compared to analysts’ expectations of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.70 EPS. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. On average, research analysts expect that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Weiss Ratings raised shares of Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, October 30th. Robert W. Baird set a $220.00 price target on Check Point Software Technologies in a report on Friday, February 13th. BMO Capital Markets reduced their price target on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. TD Cowen reissued a “buy” rating on shares of Check Point Software Technologies in a report on Thursday. Finally, Stephens cut their target price on Check Point Software Technologies from $240.00 to $210.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $214.80.

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).