Swedbank AB Purchases 4,490 Shares of Check Point Software Technologies Ltd. $CHKP

Swedbank AB boosted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKPFree Report) by 1.0% in the first quarter, Holdings Channel.com reports. The firm owned 458,650 shares of the technology company’s stock after purchasing an additional 4,490 shares during the quarter. Swedbank AB’s holdings in Check Point Software Technologies were worth $65,518,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Check Point Software Technologies during the fourth quarter valued at about $731,276,000. Massachusetts Financial Services Co. MA increased its stake in shares of Check Point Software Technologies by 28.6% in the fourth 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Check Point Software Technologies by 26,561.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,233,899 shares of the technology company’s stock valued at $228,962,000 after buying an additional 1,229,271 shares during the last quarter. DNB Asset Management AS boosted its position in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after buying an additional 932,485 shares during the period. Finally, Altshuler Shaham Ltd boosted its position in Check Point Software Technologies by 6,253,188.9% during the 4th quarter. Altshuler Shaham Ltd now owns 562,796 shares of the technology company’s stock worth $104,432,000 after buying an additional 562,787 shares during the period. 98.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Stephens reiterated an “overweight” rating and set a $145.00 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 Check Point Software Technologies in a report on Monday, May 4th. Weiss Ratings lowered Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. Truist Financial set a $150.00 target price on Check Point Software Technologies in a report on Thursday, April 30th. Finally, Bank of America lowered Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research report on Monday, May 4th. Ten analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $150.26.

Check Out Our Latest Stock Analysis on Check Point Software Technologies

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $138.75 on Wednesday. The company has a market capitalization of $14.65 billion, a PE ratio of 14.25, a P/E/G ratio of 4.10 and a beta of 0.49. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $232.07. The firm has a fifty day simple moving average of $127.72 and a 200 day simple moving average of $151.83.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last issued its quarterly earnings results 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. The firm had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The business’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business 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, sell-side analysts forecast that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Insider Buying and Selling

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by corporate insiders.

Check Point Software Technologies Company Profile

(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).

Featured Articles

Want to see what other hedge funds are holding CHKP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Check Point Software Technologies Ltd. (NASDAQ:CHKPFree Report).

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

Receive News & Ratings for Check Point Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check Point Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.