Check Point Software Technologies Ltd. $CHKP Shares Purchased by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 28.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,937,229 shares of the technology company’s stock after acquiring an additional 1,766,774 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.07% of Check Point Software Technologies worth $1,472,832,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CHKP. First Trust Advisors LP grew its holdings in Check Point Software Technologies by 31.4% during the third quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock worth $516,711,000 after acquiring an additional 597,413 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Check Point Software Technologies during the third quarter worth about $112,854,000. Capital World Investors purchased a new position in Check Point Software Technologies in the 3rd quarter worth about $80,084,000. Sound Shore Management Inc CT purchased a new position in Check Point Software Technologies in the 3rd quarter worth about $73,104,000. Finally, Altrinsic Global Advisors LLC increased its stake in Check Point Software Technologies by 54.4% in the 3rd quarter. Altrinsic Global Advisors LLC now owns 838,360 shares of the technology company’s stock worth $173,465,000 after purchasing an additional 295,288 shares in the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies Trading Down 4.7%

NASDAQ:CHKP opened at $135.22 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 2.05. Check Point Software Technologies Ltd. has a fifty-two week low of $134.38 and a fifty-two week high of $233.78. The stock’s 50-day moving average is $157.30 and its two-hundred day moving average is $179.80. The stock has a market cap of $14.28 billion, a PE ratio of 14.03, a price-to-earnings-growth ratio of 3.14 and a beta of 0.65.

Check Point Software Technologies (NASDAQ:CHKP) last released its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million for the quarter, compared to analysts’ expectations of $746.40 million. During the same quarter in the previous year, the business posted $2.70 EPS. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, equities research analysts forecast that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CHKP shares. Piper Sandler dropped their price target on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. BMO Capital Markets dropped their price target on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Weiss Ratings cut Check Point Software Technologies from a “buy (b-)” rating to a “hold (c-)” rating in a research note on Wednesday, April 1st. Morgan Stanley set a $197.00 price target on Check Point Software Technologies in a research note on Wednesday, January 28th. Finally, Barclays dropped their price target on Check Point Software Technologies from $220.00 to $195.00 and set an “equal weight” rating on the stock in a research note on Friday, February 13th. Seven equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $206.96.

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).