Greenup Street Wealth Management LLC Buys Shares of 21,763 Check Point Software Technologies Ltd. $CHKP

Greenup Street Wealth Management LLC purchased a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) in the first quarter, Holdings Channel reports. The fund purchased 21,763 shares of the technology company’s stock, valued at approximately $3,109,000.

Several other large investors also recently made changes to their positions in the stock. AQR Capital Management LLC acquired a new stake in Check Point Software Technologies in the 1st quarter worth approximately $262,000. EverSource Wealth Advisors LLC grew its holdings in Check Point Software Technologies by 24.3% during the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock valued at $132,000 after purchasing an additional 117 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of Check Point Software Technologies by 20.9% in the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock valued at $5,855,000 after purchasing an additional 4,577 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Check Point Software Technologies by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock valued at $8,018,000 after purchasing an additional 2,198 shares during the period. Finally, Diversify Advisory Services LLC lifted its stake in shares of Check Point Software Technologies by 17.3% in the second quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after buying an additional 317 shares during the last quarter. Institutional investors own 98.51% of the company’s stock.

Insider Activity

In other news, Director Yoav Chelouche sold 25,000 shares of the company’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 completion of the transaction, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Check Point Software Technologies Trading Up 0.6%

Shares of Check Point Software Technologies stock opened at $124.68 on Thursday. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $232.07. The company’s fifty day simple moving average is $128.39 and its 200-day simple moving average is $155.57. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 3.66 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.

Check Point Software Technologies (NASDAQ:CHKP) last released 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 firm had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same period in the prior year, the company earned $2.21 EPS. The business’s quarterly revenue 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. As a group, sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on CHKP. Barclays decreased their price objective on shares of Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating for the company in a report on Friday, May 1st. Morgan Stanley set a $133.00 target price on shares of Check Point Software Technologies in a research report on Friday, May 1st. Citigroup decreased their price target on shares of Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Cantor Fitzgerald lowered their price target on 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. Finally, BMO Capital Markets dropped their price objective on Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $146.50.

Check Point Software Technologies 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).