Copperleaf Capital LLC Sells 3,302 Shares of Check Point Software Technologies Ltd. $CHKP

Copperleaf Capital LLC decreased its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 49.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,381 shares of the technology company’s stock after selling 3,302 shares during the quarter. Copperleaf Capital LLC’s holdings in Check Point Software Technologies were worth $700,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Legacy Investment Solutions LLC purchased a new stake in shares of Check Point Software Technologies during the 2nd quarter valued at about $25,000. Louisbourg Investments Inc. bought a new stake in Check Point Software Technologies during the third quarter worth approximately $29,000. First Horizon Corp purchased a new stake in Check Point Software Technologies during the third quarter valued at approximately $38,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Check Point Software Technologies in the 3rd quarter valued at approximately $42,000. Finally, AlphaCore Capital LLC purchased a new position in shares of Check Point Software Technologies in the 2nd quarter worth approximately $43,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Piper Sandler cut their target price on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. KeyCorp raised shares of Check Point Software Technologies to a “hold” rating in a research note on Monday. Stephens raised shares of Check Point Software Technologies from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $225.00 to $240.00 in a research note on Wednesday. BMO Capital Markets lifted their price target on shares of Check Point Software Technologies from $215.00 to $240.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Finally, Weiss Ratings upgraded shares of Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $230.41.

Check Point Software Technologies Price Performance

Shares of CHKP opened at $188.54 on Friday. Check Point Software Technologies Ltd. has a 1-year low of $178.68 and a 1-year high of $234.35. The company has a 50-day moving average of $190.21 and a 200 day moving average of $196.85. The firm has a market capitalization of $20.74 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 3.30 and a beta of 0.59.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Tuesday, October 28th. The technology company reported $3.94 EPS 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 for the quarter, compared to the consensus estimate of $673.60 million. During the same period in the prior year, the firm earned $2.25 EPS. The company’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. On average, equities 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).