Resonant Capital Advisors LLC Raises Stake in Check Point Software Technologies Ltd. $CHKP

Resonant Capital Advisors LLC lifted its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 48.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,934 shares of the technology company’s stock after acquiring an additional 3,886 shares during the period. Resonant Capital Advisors LLC’s holdings in Check Point Software Technologies were worth $1,705,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC purchased a new stake in shares of Check Point Software Technologies in the 1st quarter valued at approximately $262,000. EverSource Wealth Advisors LLC grew its position in Check Point Software Technologies by 24.3% in the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock worth $132,000 after acquiring an additional 117 shares during the period. Squarepoint Ops LLC increased its stake in Check Point Software Technologies by 20.9% during the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after acquiring an additional 4,577 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Check Point Software Technologies by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock valued at $8,018,000 after purchasing an additional 2,198 shares during the period. Finally, Diversify Advisory Services LLC grew its holdings in shares of Check Point Software Technologies by 17.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after purchasing an additional 317 shares during the period. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Insider Transactions at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the transaction, the director directly owned 4,008 shares of the company’s stock, valued at $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 is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by company insiders.

Check Point Software Technologies Stock Down 0.1%

Check Point Software Technologies stock opened at $138.75 on Wednesday. The stock has a market cap of $14.65 billion, a PE ratio of 14.25, a P/E/G ratio of 4.10 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The stock’s fifty day moving average is $127.72 and its two-hundred day moving average is $151.83. Check Point Software Technologies Ltd. has a 1-year low of $112.23 and a 1-year high of $232.07.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping 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 business had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same period in the prior year, the firm 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.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $160.00 price target on shares of Check Point Software Technologies in a research report on Friday, May 1st. JPMorgan Chase & Co. dropped their target price on shares of Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Stephens reissued an “overweight” rating and issued a $145.00 target price on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Scotiabank upgraded Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price target for the company in a research report on Monday. Finally, Citigroup cut their price objective on Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Ten investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $150.26.

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).