Assenagon Asset Management S.A. Acquires 10,644 Shares of Check Point Software Technologies Ltd. $CHKP

Assenagon Asset Management S.A. boosted its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 162,807 shares of the technology company’s stock after acquiring an additional 10,644 shares during the quarter. Assenagon Asset Management S.A. owned 0.15% of Check Point Software Technologies worth $30,210,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. HUB Investment Partners LLC grew its holdings in shares of Check Point Software Technologies by 1.5% in the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock worth $736,000 after purchasing an additional 53 shares during the last quarter. Modern Wealth Management LLC lifted its holdings in Check Point Software Technologies by 3.6% during the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after buying an additional 53 shares in the last quarter. Trust Point Inc. boosted its position in Check Point Software Technologies by 2.3% in the 3rd quarter. Trust Point Inc. now owns 2,420 shares of the technology company’s stock valued at $501,000 after buying an additional 54 shares during the period. Philip James Wealth Mangement LLC grew its stake in Check Point Software Technologies by 1.1% in the 3rd quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock worth $989,000 after acquiring an additional 54 shares in the last quarter. Finally, Horizon Investments LLC grew its stake in Check Point Software Technologies by 28.9% in the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after acquiring an additional 54 shares in the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

Shares of CHKP stock opened at $142.41 on Thursday. The firm has a market cap of $15.66 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 3.20 and a beta of 0.63. The company’s 50 day moving average is $166.31 and its 200 day moving average is $184.14. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. Check Point Software Technologies Ltd. has a 52-week low of $142.00 and a 52-week high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million during the quarter, compared to analyst estimates of $746.40 million. During the same quarter in the prior year, the business earned $2.70 earnings per share. Check Point Software Technologies’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. On average, sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

Analysts Set New Price Targets

CHKP has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $180.00 price target on shares of Check Point Software Technologies in a research note on Friday, February 13th. Piper Sandler reduced their price objective on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a report on Monday, January 5th. Stephens decreased their target price on Check Point Software Technologies from $240.00 to $210.00 and set an “overweight” rating for the company in a research report on Friday, February 13th. Mizuho lowered their target price on Check Point Software Technologies from $225.00 to $205.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Finally, Barclays dropped their price target on Check Point Software Technologies from $220.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Friday, February 13th. Nine research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, Check Point Software Technologies presently has an average rating of “Hold” and a consensus price target of $212.40.

About Check Point Software Technologies

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).