298,395 Shares in Check Point Software Technologies Ltd. $CHKP Bought by Axiom Investors LLC DE

Axiom Investors LLC DE bought a new position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 298,395 shares of the technology company’s stock, valued at approximately $68,010,000. Axiom Investors LLC DE owned about 0.27% of Check Point Software Technologies at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Capital A Wealth Management LLC acquired a new position in Check Point Software Technologies during the fourth quarter worth $29,000. Horizon Investments LLC boosted its holdings in Check Point Software Technologies by 116.4% during the first quarter. Horizon Investments LLC now owns 158 shares of the technology company’s stock worth $36,000 after purchasing an additional 85 shares during the last quarter. Cromwell Holdings LLC acquired a new position in Check Point Software Technologies during the first quarter worth $37,000. Abound Financial LLC acquired a new position in Check Point Software Technologies during the first quarter worth $40,000. Finally, TruNorth Capital Management LLC acquired a new position in Check Point Software Technologies during the first quarter worth $45,000. Institutional investors and hedge funds own 98.51% of the company’s stock.

Wall Street Analyst Weigh In

CHKP has been the topic of several analyst reports. Cantor Fitzgerald set a $220.00 price target on shares of Check Point Software Technologies and gave the stock a “neutral” rating in a research report on Thursday, July 31st. UBS Group dropped their price target on shares of Check Point Software Technologies from $220.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Barclays set a $215.00 price target on shares of Check Point Software Technologies and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Stifel Nicolaus set a $200.00 price target on shares of Check Point Software Technologies in a research report on Wednesday, July 30th. Finally, Jefferies Financial Group dropped their price target on shares of Check Point Software Technologies from $260.00 to $230.00 and set a “buy” rating on the stock in a research report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $227.58.

Check Point Software Technologies Price Performance

Shares of CHKP opened at $193.09 on Monday. The firm has a market capitalization of $21.24 billion, a PE ratio of 25.14, a PEG ratio of 2.90 and a beta of 0.60. The company’s 50-day moving average is $202.83 and its 200-day moving average is $214.69. Check Point Software Technologies Ltd. has a fifty-two week low of $169.01 and a fifty-two week high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.01. The company had revenue of $665.20 million for the quarter, compared to analyst estimates of $663.10 million. Check Point Software Technologies had a net margin of 32.48% and a return on equity of 33.21%. The company’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.17 earnings per share. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. Analysts predict that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

About Check Point Software Technologies

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.