Check Point Software Technologies Ltd. $CHKP Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC cut its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 17.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,139 shares of the technology company’s stock after selling 3,984 shares during the quarter. Corient Private Wealth LLC’s holdings in Check Point Software Technologies were worth $3,553,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Nordea Investment Management AB lifted its stake in shares of 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 purchasing an additional 35,448 shares during the period. Phoenix Financial Ltd. acquired a new position in Check Point Software Technologies during the fourth quarter worth about $30,202,000. Massachusetts Financial Services Co. MA increased 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 in the last quarter. Assenagon Asset Management S.A. increased its holdings 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 buying an additional 10,644 shares in the last quarter. Finally, Ion Asset Management Ltd. acquired a new stake in shares of Check Point Software Technologies during the 3rd quarter valued at approximately $53,510,000. Institutional investors and hedge funds own 98.51% of the company’s stock.

Analysts Set New Price Targets

CHKP has been the topic of several research analyst reports. Barclays decreased their price target on Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a $160.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Weiss Ratings downgraded Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. Compass Point set a $120.00 target price on Check Point Software Technologies in a report on Monday, May 4th. Finally, Royal Bank Of Canada dropped their price target on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating for the company in a research report on Friday, May 1st. Eight research 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. Based on data from MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and an average price target of $146.50.

Insiders Place Their Bets

In related news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the transaction, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. The trade was a 86.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Check Point Software Technologies Trading Up 5.9%

Shares of Check Point Software Technologies stock opened at $130.05 on Friday. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $232.07. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The business has a 50 day moving average price of $128.06 and a 200 day moving average price of $154.90. The company has a market capitalization of $13.73 billion, a P/E ratio of 13.35, a P/E/G ratio of 3.84 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share 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 company had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. During the same quarter last year, the business posted $2.21 earnings per share. Check Point Software Technologies’s 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. Sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS 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).