SEB Asset Management AB Makes New Investment in Check Point Software Technologies Ltd. $CHKP

SEB Asset Management AB acquired a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the first quarter, according to its most recent filing with the SEC. The firm acquired 42,733 shares of the technology company’s stock, valued at approximately $6,104,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Horizon Investments LLC lifted its stake in shares of Check Point Software Technologies by 28.9% during the third quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock valued at $50,000 after acquiring an additional 54 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. raised its holdings in Check Point Software Technologies by 4.6% during the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,353 shares of the technology company’s stock worth $251,000 after purchasing an additional 59 shares during the last quarter. RIA Advisory Group LLC lifted its position in Check Point Software Technologies by 5.1% during the 4th quarter. RIA Advisory Group LLC now owns 1,258 shares of the technology company’s stock valued at $233,000 after purchasing an additional 61 shares during the period. Transamerica Financial Advisors LLC boosted its stake in shares of Check Point Software Technologies by 9.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 745 shares of the technology company’s stock valued at $138,000 after purchasing an additional 64 shares during the last quarter. Finally, Diversified Trust Co. grew its position in shares of Check Point Software Technologies by 0.7% during the 4th quarter. Diversified Trust Co. now owns 9,975 shares of the technology company’s stock worth $1,851,000 after buying an additional 65 shares during the period. 98.51% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies Stock Down 3.9%

NASDAQ:CHKP opened at $130.46 on Wednesday. The stock has a 50-day simple moving average of $130.24 and a 200 day simple moving average of $148.09. Check Point Software Technologies Ltd. has a 52-week low of $112.23 and a 52-week high of $225.23. The company has a market cap of $13.78 billion, a PE ratio of 13.39, a PEG ratio of 4.00 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85.

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 return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the previous year, the business posted $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. On average, sell-side analysts expect 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 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 completion of the transaction, the director owned 4,008 shares in the company, valued at approximately $562,242.24. This represents 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 currently owned by corporate insiders.

Analyst Ratings Changes

CHKP has been the subject of a number of analyst reports. BMO Capital Markets lowered their target price on shares of Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Cantor Fitzgerald decreased their target price on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. TD Cowen set a $180.00 target price on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Barclays lifted their price target on shares of Check Point Software Technologies from $133.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Monday, July 13th. Finally, The Goldman Sachs Group set a $168.00 target price on Check Point Software Technologies in a report on Friday, May 1st. Ten equities 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus 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).