Check Point Software Technologies Ltd. $CHKP Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 32.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,021 shares of the technology company’s stock after selling 6,158 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Check Point Software Technologies were worth $1,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in Check Point Software Technologies in the 1st quarter worth approximately $262,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Check Point Software Technologies by 24.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock valued at $132,000 after acquiring an additional 117 shares during the last quarter. Squarepoint Ops LLC increased its stake in shares of Check Point Software Technologies by 20.9% in the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after acquiring an additional 4,577 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Check Point Software Technologies by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after acquiring an additional 2,198 shares during the period. Finally, Diversify Advisory Services LLC raised its holdings in shares of Check Point Software Technologies by 17.3% during the second quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after purchasing an additional 317 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Insider Activity

In related news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on CHKP. Stifel Nicolaus set a $120.00 price target on shares of Check Point Software Technologies in a report on Friday, May 1st. Weiss Ratings cut Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. Morgan Stanley set a $133.00 target price on Check Point Software Technologies in a research note on Friday, May 1st. Guggenheim raised Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 target price on the stock in a report on Wednesday, July 1st. Finally, Barclays lifted their price target on Check Point Software Technologies from $133.00 to $145.00 and gave the company an “equal weight” rating in a research report on Monday. Ten analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Check Point Software Technologies has an average rating of “Hold” and a consensus price target of $150.70.

Check Point Software Technologies Stock Up 3.1%

CHKP stock opened at $136.51 on Friday. The stock has a market capitalization of $14.42 billion, a P/E ratio of 14.02, a P/E/G ratio of 3.91 and a beta of 0.49. The firm has a 50-day simple moving average of $129.11 and a 200-day simple moving average of $149.20. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $225.23.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. During the same period last year, the company posted $2.21 EPS. Check Point Software Technologies’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 analysts forecast that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal 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).