Bellwether Advisors LLC boosted its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 1,311,300.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,114 shares of the technology company’s stock after acquiring an additional 13,113 shares during the period. Bellwether Advisors LLC’s holdings in Check Point Software Technologies were worth $2,713,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of CHKP. Norges Bank purchased a new position in shares of Check Point Software Technologies during the second quarter valued at approximately $714,801,000. Massachusetts Financial Services Co. MA increased its position in Check Point Software Technologies by 27.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock valued at $1,276,729,000 after buying an additional 1,317,167 shares in the last quarter. Schroder Investment Management Group raised its stake in Check Point Software Technologies by 2,413.2% during the second quarter. Schroder Investment Management Group now owns 628,858 shares of the technology company’s stock valued at $139,135,000 after buying an additional 603,836 shares during the last quarter. Sound Shore Management Inc CT bought a new stake in Check Point Software Technologies in the third quarter worth $73,104,000. Finally, DNB Asset Management AS grew its stake in shares of Check Point Software Technologies by 47.3% in the third quarter. DNB Asset Management AS now owns 887,854 shares of the technology company’s stock worth $183,706,000 after acquiring an additional 285,275 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.
Analyst Upgrades and Downgrades
CHKP has been the subject of several recent analyst reports. Mizuho lowered their price target on Check Point Software Technologies from $225.00 to $205.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Morgan Stanley set a $197.00 target price on shares of Check Point Software Technologies in a report on Wednesday, January 28th. Evercore set a $185.00 price target on shares of Check Point Software Technologies in a report on Friday, February 13th. Royal Bank Of Canada decreased their price objective on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating for the company in a report on Monday, January 5th. Finally, Wedbush lowered their price objective on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Nine analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $212.40.
Check Point Software Technologies Stock Up 3.1%
Shares of Check Point Software Technologies stock opened at $159.70 on Wednesday. Check Point Software Technologies Ltd. has a twelve month low of $150.17 and a twelve month high of $234.35. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The company’s 50 day moving average is $176.81 and its 200 day moving average is $188.11. The company has a market cap of $17.56 billion, a price-to-earnings ratio of 16.57, a price-to-earnings-growth ratio of 3.44 and a beta of 0.63.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.63. The business had revenue of $744.90 million during the quarter, compared to analyst estimates of $746.40 million. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.70 EPS. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Research analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 EPS for the current 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).
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