Check Point Software Technologies Ltd. $CHKP Shares Bought by Bank Hapoalim BM

Bank Hapoalim BM raised its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 15.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,133 shares of the technology company’s stock after acquiring an additional 4,194 shares during the period. Bank Hapoalim BM’s holdings in Check Point Software Technologies were worth $5,963,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Nordea Investment Management AB boosted its stake in Check Point Software Technologies by 3.3% in the fourth quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock valued at $205,827,000 after acquiring an additional 35,448 shares during the period. Phoenix Financial Ltd. acquired a new position in Check Point Software Technologies in the fourth quarter valued at approximately $30,202,000. Massachusetts Financial Services Co. MA boosted its stake 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 acquiring an additional 1,766,774 shares during the period. Assenagon Asset Management S.A. boosted its stake in Check Point Software Technologies by 7.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 162,807 shares of the technology company’s stock valued at $30,210,000 after acquiring an additional 10,644 shares during the period. Finally, Ion Asset Management Ltd. acquired a new position in Check Point Software Technologies in the third quarter valued at approximately $53,510,000. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Piper Sandler downgraded Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research report on Thursday, April 30th. JPMorgan Chase & Co. reduced their price objective on Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Stifel Nicolaus set a $120.00 price objective on Check Point Software Technologies in a research report on Friday, May 1st. Bank of America downgraded Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research report on Monday, May 4th. Finally, Wedbush reduced their price objective on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and an average target price of $146.50.

Insider Activity

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the company’s 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 transaction, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.

Check Point Software Technologies Price Performance

Shares of NASDAQ:CHKP opened at $121.96 on Wednesday. Check Point Software Technologies Ltd. has a 12 month low of $112.23 and a 12 month high of $232.07. The stock has a market cap of $12.88 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 3.64 and a beta of 0.49. The stock’s 50 day moving average price is $130.92 and its 200 day moving average price is $158.40. 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 announced its earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the previous year, the company earned $2.21 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. 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 earnings per share 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).