Check Point Software Technologies (NASDAQ:CHKP) Director Yoav Chelouche Sells 25,000 Shares

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director owned 4,008 shares of the company’s stock, valued at $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Stock Performance

Shares of CHKP opened at $135.68 on Thursday. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $233.78. The stock has a market cap of $14.33 billion, a P/E ratio of 13.93, a PEG ratio of 4.13 and a beta of 0.49. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average of $133.87 and a two-hundred day moving average of $162.23.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same period last year, the company posted $2.21 EPS. The company’s revenue was up 4.8% on a year-over-year basis. 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. As a group, research analysts predict that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.

Analyst Ratings Changes

CHKP has been the topic of a number of analyst reports. Barclays decreased their price objective on Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Truist Financial set a $150.00 price target on shares of Check Point Software Technologies in a report on Thursday, April 30th. Compass Point set a $120.00 price objective on shares of Check Point Software Technologies in a research report on Monday, May 4th. Piper Sandler downgraded shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a research note on Thursday, April 30th. Finally, Cantor Fitzgerald decreased their target price on shares of Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $146.50.

Institutional Trading of Check Point Software Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHKP. Penserra Capital Management LLC boosted its position in shares of Check Point Software Technologies by 14.1% in the third quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock worth $97,030,000 after acquiring an additional 57,817 shares during the last quarter. Nordea Investment Management AB increased its position in Check Point Software Technologies by 3.3% during the fourth quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock worth $205,827,000 after purchasing an additional 35,448 shares during the last quarter. M&G PLC raised its stake in Check Point Software Technologies by 48.8% during the third quarter. M&G PLC now owns 119,834 shares of the technology company’s stock worth $24,806,000 after purchasing an additional 39,292 shares during the period. Phoenix Financial Ltd. acquired a new position in shares of Check Point Software Technologies in the 4th quarter valued at $30,202,000. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after buying an additional 1,766,774 shares during the period. Hedge funds and other institutional investors own 98.51% of the company’s stock.

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).