39,948 Shares in Check Point Software Technologies Ltd. $CHKP Bought by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKPFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 39,948 shares of the technology company’s stock, valued at approximately $7,413,000.

A number of other institutional investors have also recently bought and sold shares of the business. HUB Investment Partners LLC boosted its stake in Check Point Software Technologies by 1.5% during the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock worth $736,000 after buying an additional 53 shares in the last quarter. Modern Wealth Management LLC boosted its stake in Check Point Software Technologies by 3.6% during the third quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock worth $313,000 after buying an additional 53 shares in the last quarter. Horizon Investments LLC boosted its stake in Check Point Software Technologies by 28.9% during the third quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after buying an additional 54 shares in the last quarter. Pinnacle West Asset Management Inc. boosted its stake in Check Point Software Technologies by 4.6% during the third quarter. Pinnacle West Asset Management Inc. now owns 1,255 shares of the technology company’s stock worth $260,000 after buying an additional 55 shares in the last quarter. Finally, Howe & Rusling Inc. boosted its stake in Check Point Software Technologies by 4.3% during the third quarter. Howe & Rusling Inc. now owns 1,434 shares of the technology company’s stock worth $297,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on CHKP. Citigroup decreased their price target on shares of Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated 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. Roth Mkm set a $160.00 price target on shares of Check Point Software Technologies in a research note on Friday, May 1st. Morgan Stanley set a $133.00 price target on shares of Check Point Software Technologies in a research note on Friday, May 1st. Finally, Cantor Fitzgerald decreased their price target on shares of Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Check Point Software Technologies presently has an average rating of “Hold” and an average price target of $146.50.

View Our Latest Report on CHKP

Check Point Software Technologies Stock Up 2.8%

Shares of NASDAQ:CHKP opened at $135.05 on Friday. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $233.78. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. The company’s fifty day moving average is $134.74 and its 200-day moving average is $163.84. The company has a market capitalization of $14.26 billion, a PE ratio of 13.87, a P/E/G ratio of 3.87 and a beta of 0.43.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last issued its earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The company had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. During the same quarter in the previous year, the company earned $2.21 EPS. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. Equities research analysts predict that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current fiscal year.

About Check Point Software Technologies

(Free Report)

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).

See Also

Institutional Ownership by Quarter for Check Point Software Technologies (NASDAQ:CHKP)

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