Asset Management One Co. Ltd. Purchases 6,703 Shares of Check Point Software Technologies Ltd. $CHKP

Asset Management One Co. Ltd. boosted its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 8.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 88,311 shares of the technology company’s stock after purchasing an additional 6,703 shares during the period. Asset Management One Co. Ltd. owned about 0.08% of Check Point Software Technologies worth $18,272,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CHKP. Gateway Investment Advisers LLC raised its stake in shares of Check Point Software Technologies by 42.7% in the third quarter. Gateway Investment Advisers LLC now owns 15,860 shares of the technology company’s stock valued at $3,282,000 after acquiring an additional 4,744 shares during the last quarter. Davis Capital Management bought a new stake in Check Point Software Technologies during the 3rd quarter worth approximately $1,276,000. Physicians Financial Services Inc. increased its holdings in Check Point Software Technologies by 7.5% during the 3rd quarter. Physicians Financial Services Inc. now owns 1,290 shares of the technology company’s stock valued at $267,000 after purchasing an additional 90 shares in the last quarter. Suncoast Equity Management raised its position in Check Point Software Technologies by 1.8% in the 3rd quarter. Suncoast Equity Management now owns 6,645 shares of the technology company’s stock valued at $1,375,000 after purchasing an additional 120 shares during the last quarter. Finally, Ninety One UK Ltd raised its position in Check Point Software Technologies by 0.3% in the 3rd quarter. Ninety One UK Ltd now owns 2,601,592 shares of the technology company’s stock valued at $538,295,000 after purchasing an additional 8,814 shares during the last quarter. 98.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. UBS Group increased their target price on Check Point Software Technologies from $210.00 to $215.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Morgan Stanley set a $212.00 price target on shares of Check Point Software Technologies in a research report on Wednesday, October 29th. Cantor Fitzgerald restated a “neutral” rating and issued a $220.00 price objective on shares of Check Point Software Technologies in a research report on Wednesday, October 22nd. Stifel Nicolaus set a $211.00 target price on shares of Check Point Software Technologies in a research report on Tuesday, October 28th. Finally, Roth Capital reissued a “neutral” rating on shares of Check Point Software Technologies in a research note on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $229.50.

Check Point Software Technologies Trading Up 2.2%

Shares of NASDAQ CHKP opened at $185.10 on Tuesday. Check Point Software Technologies Ltd. has a 1 year low of $178.64 and a 1 year high of $234.35. The firm’s 50-day moving average is $191.45 and its 200-day moving average is $198.24. The firm has a market capitalization of $20.36 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 3.18 and a beta of 0.59.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.45 by $1.49. Check Point Software Technologies had a net margin of 37.62% and a return on equity of 37.91%. The business had revenue of $677.50 million during the quarter, compared to the consensus estimate of $673.60 million. During the same period in the previous year, the firm posted $2.25 earnings per share. Check Point Software Technologies’s revenue for the quarter was up 6.7% compared to the same quarter last year. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS and its Q4 2025 guidance at 2.700-2.800 EPS. As a group, equities research analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 earnings per share 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).