KBC Group NV Sells 14,564 Shares of Check Point Software Technologies Ltd. $CHKP

KBC Group NV cut its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 12.5% during the first quarter, Holdings Channel.com reports. The fund owned 101,665 shares of the technology company’s stock after selling 14,564 shares during the period. KBC Group NV’s holdings in Check Point Software Technologies were worth $14,523,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Measured Wealth Private Client Group LLC acquired a new stake in shares of Check Point Software Technologies during the third quarter worth $27,000. Abound Financial LLC acquired a new position in Check Point Software Technologies in the fourth quarter valued at about $27,000. MV Capital Management Inc. bought a new position in Check Point Software Technologies during the fourth quarter worth about $28,000. Ossiam grew its position in shares of Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after buying an additional 96 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in shares of Check Point Software Technologies during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Price Performance

CHKP stock opened at $130.46 on Wednesday. The stock has a 50-day moving average price of $130.24 and a two-hundred day moving average price of $148.09. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $225.23. The stock has a market cap of $13.78 billion, a PE ratio of 13.39, a price-to-earnings-growth ratio of 4.00 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 posted its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million during 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%.Check Point Software Technologies’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.21 earnings per share. 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 analysts forecast that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Insider Activity at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction on 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 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Barclays increased their price target on shares of Check Point Software Technologies from $133.00 to $145.00 and gave the company an “equal weight” rating in a research report on Monday, July 13th. Raymond James Financial downgraded shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Compass Point set a $120.00 target price on shares of Check Point Software Technologies in a report on Monday, May 4th. Stifel Nicolaus set a $120.00 price target on shares of Check Point Software Technologies in a research report on Friday, May 1st. Finally, Truist Financial set a $150.00 price target on shares of Check Point Software Technologies in a report on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $151.44.

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).