Check Point Software Technologies Ltd. $CHKP Shares Sold by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd reduced its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 25.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,504 shares of the technology company’s stock after selling 6,831 shares during the period. Swiss Life Asset Management Ltd’s holdings in Check Point Software Technologies were worth $4,036,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CHKP. Norges Bank bought a new position in shares of Check Point Software Technologies during the 2nd quarter valued at about $714,801,000. Massachusetts Financial Services Co. MA grew its stake in shares of Check Point Software Technologies by 27.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock worth $1,276,729,000 after purchasing an additional 1,317,167 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of Check Point Software Technologies by 2,413.2% in the 2nd quarter. Schroder Investment Management Group now owns 628,858 shares of the technology company’s stock worth $139,135,000 after purchasing an additional 603,836 shares in the last quarter. First Trust Advisors LP lifted its stake in Check Point Software Technologies by 31.4% during the third quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock valued at $516,711,000 after purchasing an additional 597,413 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in Check Point Software Technologies during the third quarter valued at approximately $112,854,000. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Stock Down 1.2%

Shares of NASDAQ:CHKP opened at $152.73 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The company has a market cap of $16.80 billion, a PE ratio of 15.84, a price-to-earnings-growth ratio of 3.38 and a beta of 0.63. Check Point Software Technologies Ltd. has a 52 week low of $150.17 and a 52 week high of $234.35. The firm has a 50 day simple moving average of $168.84 and a 200 day simple moving average of $185.05.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The firm had revenue of $744.90 million during the quarter, compared to analyst estimates of $746.40 million. During the same quarter last year, the business posted $2.70 EPS. The company’s revenue was up 5.9% on a year-over-year basis. 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. As a group, research analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CHKP. Robert W. Baird set a $220.00 price target on shares of Check Point Software Technologies in a research report on Friday, February 13th. Truist Financial set a $225.00 price objective on Check Point Software Technologies in a research report on Tuesday, January 20th. KeyCorp raised Check Point Software Technologies to a “hold” rating in a research note on Monday, January 12th. Citigroup decreased their target price on Check Point Software Technologies from $210.00 to $200.00 and set a “neutral” rating on the stock in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group cut their target price on Check Point Software Technologies from $208.00 to $186.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Nine analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $212.40.

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).