BNP Paribas Financial Markets Purchases 31,762 Shares of Check Point Software Technologies Ltd. $CHKP

BNP Paribas Financial Markets grew its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 106.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,605 shares of the technology company’s stock after purchasing an additional 31,762 shares during the quarter. BNP Paribas Financial Markets’ holdings in Check Point Software Technologies were worth $11,431,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its holdings in Check Point Software Technologies by 28.6% in the fourth 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 buying an additional 1,766,774 shares during the period. Norges Bank bought a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $731,276,000. First Trust Advisors LP boosted its position in shares of 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 purchasing an additional 597,413 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Check Point Software Technologies by 8.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock valued at $449,274,000 after purchasing an additional 170,075 shares in the last quarter. Finally, DNB Asset Management AS boosted its position in shares of 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 purchasing an additional 932,485 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $135.82 on Monday. The stock has a market capitalization of $14.34 billion, a P/E ratio of 13.94, a P/E/G ratio of 4.00 and a beta of 0.49. The company has a 50-day moving average price of $133.57 and a 200-day moving average price of $161.40. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $233.78. 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 (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, topping 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 company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous 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. On average, equities research analysts forecast that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their position. The transaction was disclosed in a filing with the SEC, 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.

Analysts Set New Price Targets

CHKP has been the topic of several research analyst reports. Piper Sandler lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Thursday, April 30th. Robert W. Baird set a $220.00 price objective on shares of Check Point Software Technologies in a research report on Friday, February 13th. Stifel Nicolaus set a $120.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. TD Cowen set a $180.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Finally, UBS Group reduced their price objective on shares of Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. 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 company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $146.50.

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).