Check Point Software Technologies (NASDAQ:CHKP) Director Sells $3,507,000.00 in Stock

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction on 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 transaction, the director owned 4,008 shares in the company, valued at $562,242.24. This trade represents a 86.18% decrease in their position. The transaction was disclosed in a legal 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.

Check Point Software Technologies Trading Down 0.5%

CHKP stock opened at $135.82 on Friday. 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 twelve month low of $112.23 and a twelve month high of $233.78. The stock has a market capitalization of $14.34 billion, a price-to-earnings ratio of 13.94, a price-to-earnings-growth ratio of 4.00 and a beta of 0.49. The firm’s fifty day simple moving average is $133.57 and its two-hundred day simple moving average is $161.61.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data 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 business 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 business posted $2.21 earnings per share. The business’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. As a group, analysts anticipate that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CHKP. BMO Capital Markets lowered their target price on shares of Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. The Goldman Sachs Group set a $168.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Mizuho set a $135.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Stephens reissued an “overweight” rating and set a $145.00 target price on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Finally, Scotiabank lowered their target price on shares of Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating for the company in a research note on Friday, May 1st. Eight investment 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. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $146.50.

Institutional Trading of Check Point Software Technologies

Hedge funds have recently added to or reduced their stakes in the business. Penserra Capital Management LLC lifted its stake in Check Point Software Technologies by 14.1% in the third quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock worth $97,030,000 after acquiring an additional 57,817 shares during the period. Nordea Investment Management AB lifted 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 worth $205,827,000 after acquiring an additional 35,448 shares during the period. M&G PLC lifted its position in shares of Check Point Software Technologies by 48.8% during the third quarter. M&G PLC now owns 119,834 shares of the technology company’s stock valued at $24,806,000 after buying an additional 39,292 shares during the last quarter. Phoenix Financial Ltd. purchased a new stake in shares of Check Point Software Technologies during the fourth quarter valued at about $30,202,000. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Check Point Software Technologies by 28.6% during 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 last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Company 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).