Arbejdsmarkedets Tillaegspension Buys 12,359 Shares of Check Point Software Technologies Ltd. $CHKP

Arbejdsmarkedets Tillaegspension lifted its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 10.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 132,187 shares of the technology company’s stock after buying an additional 12,359 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in Check Point Software Technologies were worth $18,883,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its stake 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 in the last quarter. Norges Bank purchased a new position in Check Point Software Technologies during the 4th quarter worth $731,276,000. First Trust Advisors LP grew its stake in shares of Check Point Software Technologies by 6.3% in the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock worth $492,588,000 after acquiring an additional 157,327 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Check Point Software Technologies by 8.5% during the third 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 lifted its position in shares of Check Point Software Technologies by 105.0% during the fourth 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 own 98.51% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CHKP shares. Morgan Stanley set a $133.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Bank of America cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Monday, May 4th. Wedbush cut their target price on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. BMO Capital Markets reduced their target price on Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Finally, Truist Financial set a $150.00 price target on Check Point Software Technologies in a research report on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $150.70.

Insiders Place Their Bets

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the transaction, the director owned 4,008 shares in the company, valued at $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by corporate insiders.

Check Point Software Technologies Stock Up 2.0%

Shares of NASDAQ CHKP opened at $134.32 on Tuesday. 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 stock has a market capitalization of $14.18 billion, a PE ratio of 13.79, a P/E/G ratio of 3.89 and a beta of 0.49. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $225.23. The business’s fifty day moving average price is $127.94 and its 200-day moving average price is $150.31.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data 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 analyst estimates of $672.55 million. During the same quarter last year, the firm posted $2.21 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. 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 anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current 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).