Zurcher Kantonalbank Zurich Cantonalbank Has $12.93 Million Position in Check Point Software Technologies Ltd. $CHKP

Zurcher Kantonalbank Zurich Cantonalbank cut its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 5.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,662 shares of the technology company’s stock after selling 4,376 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.06% of Check Point Software Technologies worth $12,926,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CHKP. HUB Investment Partners LLC raised its stake in Check Point Software Technologies by 1.5% in the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock valued at $736,000 after purchasing an additional 53 shares in the last quarter. Modern Wealth Management LLC raised its position in shares of Check Point Software Technologies by 3.6% in the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after buying an additional 53 shares in the last quarter. Philip James Wealth Mangement LLC lifted its holdings in shares of Check Point Software Technologies by 1.1% during the 3rd quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock worth $989,000 after acquiring an additional 54 shares during the period. Horizon Investments LLC boosted its position in shares of Check Point Software Technologies by 28.9% during the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after acquiring an additional 54 shares in the last quarter. Finally, Pinnacle West Asset Management Inc. increased its stake in Check Point Software Technologies by 4.6% in the third quarter. Pinnacle West Asset Management Inc. now owns 1,255 shares of the technology company’s stock valued at $260,000 after acquiring an additional 55 shares during the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CHKP. BMO Capital Markets decreased 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. Stephens reduced their price objective on Check Point Software Technologies from $240.00 to $210.00 and set an “overweight” rating on the stock in a research note on Friday, February 13th. Piper Sandler decreased their target price on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. TD Cowen reissued a “buy” rating on shares of Check Point Software Technologies in a research note on Thursday, February 19th. Finally, Truist Financial set a $225.00 price target on shares of Check Point Software Technologies in a research note on Tuesday, January 20th. Seven analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $201.59.

Check Point Software Technologies Trading Down 5.5%

NASDAQ CHKP opened at $133.82 on Friday. The company has a market cap of $14.13 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 3.13 and a beta of 0.65. Check Point Software Technologies Ltd. has a twelve month low of $130.93 and a twelve month high of $233.78. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The business’s fifty day moving average is $150.28 and its 200 day moving average is $175.66.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, February 12th. The technology company reported $3.40 EPS for the quarter, beating the consensus estimate of $2.77 by $0.63. The firm had revenue of $744.90 million during the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company earned $2.70 earnings per share. 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, sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.58 EPS for the current fiscal year.

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).