Employees Retirement System of Texas Sells 4,499 Shares of Check Point Software Technologies Ltd. $CHKP

Employees Retirement System of Texas reduced its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 20.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,883 shares of the technology company’s stock after selling 4,499 shares during the quarter. Employees Retirement System of Texas’ holdings in Check Point Software Technologies were worth $3,318,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new position in Check Point Software Technologies in the 3rd quarter worth $27,000. Ossiam raised its holdings in 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 purchasing an additional 96 shares during the period. Hilltop National Bank bought a new position in Check Point Software Technologies in the 4th quarter worth $36,000. Sunbelt Securities Inc. bought a new position in Check Point Software Technologies in the 3rd quarter worth $38,000. Finally, LRI Investments LLC raised 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 worth $40,000 after purchasing an additional 108 shares during the period. 98.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on CHKP. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a report on Monday, May 4th. Citigroup decreased their price target on Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Argus raised Check Point Software Technologies to a “hold” rating in a report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $180.00 price target on shares of Check Point Software Technologies in a report on Friday, February 13th. Finally, Stifel Nicolaus set a $120.00 price target on Check Point Software Technologies in a report on Friday, May 1st. Eight investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $146.50.

Check Point Software Technologies Trading Down 1.8%

Shares of Check Point Software Technologies stock opened at $128.71 on Thursday. The firm has a market cap of $13.59 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 3.86 and a beta of 0.43. The business has a 50-day moving average price of $135.56 and a 200-day moving average price of $164.53. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data 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 analyst estimates 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 quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $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. Equities research analysts anticipate that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal 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).