Novem Group Takes Position in Check Point Software Technologies Ltd. $CHKP

Novem Group acquired a new position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,747 shares of the technology company’s stock, valued at approximately $1,066,000.

A number of other hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new stake in Check Point Software Technologies during the 3rd quarter worth about $27,000. Ossiam lifted its stake in shares of Check Point Software Technologies by 139.1% in the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 96 shares during the period. Hilltop National Bank bought a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $36,000. First Horizon Corp bought a new stake in shares of Check Point Software Technologies during the 3rd quarter valued at about $38,000. Finally, Sunbelt Securities Inc. acquired a new stake in Check Point Software Technologies during the third quarter worth approximately $38,000. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Up 1.4%

Shares of NASDAQ CHKP opened at $140.08 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 2.05. The company has a 50-day moving average price of $151.59 and a 200-day moving average price of $176.19. The stock has a market capitalization of $14.79 billion, a P/E ratio of 14.53, a P/E/G ratio of 3.05 and a beta of 0.65. Check Point Software Technologies Ltd. has a 1 year low of $132.43 and a 1 year high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The company had revenue of $744.90 million for the quarter, compared to analyst estimates of $746.40 million. During the same quarter in the prior year, the business posted $2.70 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. 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. On average, equities research analysts forecast that Check Point Software Technologies Ltd. will post 8.57 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Mizuho lowered their target price on Check Point Software Technologies from $205.00 to $165.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. KeyCorp raised shares of Check Point Software Technologies to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings lowered shares of Check Point Software Technologies from a “buy (b-)” rating to a “hold (c-)” rating in a research note on Wednesday, April 1st. UBS Group set a $175.00 target price on shares of Check Point Software Technologies in a research report on Tuesday. Finally, Wedbush cut their target price on shares of 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. Seven research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $202.17.

About Check Point Software Technologies

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).