Sound Shore Management Inc. CT Purchases 71,271 Shares of Check Point Software Technologies Ltd. $CHKP

Sound Shore Management Inc. CT lifted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 424,584 shares of the technology company’s stock after acquiring an additional 71,271 shares during the quarter. Check Point Software Technologies makes up approximately 2.5% of Sound Shore Management Inc. CT’s portfolio, making the stock its 25th largest position. Sound Shore Management Inc. CT owned about 0.39% of Check Point Software Technologies worth $78,786,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Check Point Software Technologies in the 3rd quarter worth about $27,000. Ossiam grew its holdings in Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after buying an additional 96 shares in the last quarter. Hilltop National Bank purchased a new position in Check Point Software Technologies during the 4th quarter valued at about $36,000. Sunbelt Securities Inc. purchased a new position in Check Point Software Technologies during the 3rd quarter valued at about $38,000. Finally, LRI Investments LLC boosted its position in shares of Check Point Software Technologies by 100.9% during the 4th quarter. LRI Investments LLC now owns 215 shares of the technology company’s stock valued at $40,000 after acquiring an additional 108 shares during the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CHKP has been the subject of a number of research analyst reports. Wedbush dropped their price target on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Compass Point set a $120.00 price target on Check Point Software Technologies in a research report on Monday, May 4th. Royal Bank Of Canada reduced their price target on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, May 1st. Stifel Nicolaus set a $120.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Finally, Argus raised Check Point Software Technologies to a “hold” rating in a research report on Thursday, February 26th. Eight research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $146.50.

Check Point Software Technologies Stock Performance

Check Point Software Technologies stock opened at $135.68 on Thursday. The company has a market capitalization of $14.33 billion, a P/E ratio of 13.93, a PEG ratio of 4.13 and a beta of 0.49. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $233.78. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. The stock’s 50 day moving average is $133.87 and its 200 day moving average is $162.23.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.08. The business had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.21 EPS. 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. On average, equities research analysts predict that Check Point Software Technologies Ltd. will post 8.47 earnings per share for the current fiscal year.

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).