Geode Capital Management LLC Purchases 14,668 Shares of Check Point Software Technologies Ltd. $CHKP

Geode Capital Management LLC grew its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 888,696 shares of the technology company’s stock after purchasing an additional 14,668 shares during the period. Geode Capital Management LLC owned about 0.81% of Check Point Software Technologies worth $164,031,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CHKP. Massachusetts Financial Services Co. MA boosted its holdings in Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after acquiring an additional 1,766,774 shares during the period. DNB Asset Management AS boosted its holdings in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock valued at $337,782,000 after acquiring an additional 932,485 shares during the period. First Trust Advisors LP boosted its holdings in Check Point Software Technologies by 31.4% during the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock valued at $516,711,000 after acquiring an additional 597,413 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in Check Point Software Technologies during the 3rd quarter valued at about $112,854,000. Finally, Capital World Investors purchased a new stake in Check Point Software Technologies during the 3rd quarter valued at about $80,084,000. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Check Point Software Technologies Trading Down 3.1%

CHKP opened at $135.68 on Thursday. The business has a 50 day simple moving average of $133.87 and a two-hundred day simple moving average of $162.23. The firm has a market capitalization of $14.33 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 4.13 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. The business 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%.Check Point Software Technologies’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.21 EPS. 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 8.47 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CHKP shares. Jefferies Financial Group restated a “buy” rating and set a $160.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 target price for the company. in a report on Monday, May 4th. Morgan Stanley set a $133.00 target price on Check Point Software Technologies in a report on Friday, May 1st. Cantor Fitzgerald dropped their target price on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Finally, Weiss Ratings cut Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. Eight analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $146.50.

Check Point Software Technologies Company 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).