Glen Eagle Advisors LLC Has $1.37 Million Stock Holdings in Check Point Software Technologies Ltd. $CHKP

Glen Eagle Advisors LLC decreased its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 44.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 9,561 shares of the technology company’s stock after selling 7,740 shares during the quarter. Glen Eagle Advisors LLC’s holdings in Check Point Software Technologies were worth $1,366,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CHKP. Measured Wealth Private Client Group LLC bought a new stake in Check Point Software Technologies during the third quarter worth about $27,000. Abound Financial LLC bought a new position in Check Point Software Technologies in the fourth quarter valued at approximately $27,000. MV Capital Management Inc. acquired a new position in shares of Check Point Software Technologies during the 4th quarter worth approximately $28,000. Ossiam increased its position in shares of Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 96 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of Check Point Software Technologies during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Stock Up 1.7%

CHKP stock opened at $132.75 on Tuesday. Check Point Software Technologies Ltd. has a 1-year low of $112.23 and a 1-year high of $222.21. The business’s 50 day simple moving average is $130.85 and its 200 day simple moving average is $146.53. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $13.55 billion, a PE ratio of 13.63, a PEG ratio of 3.86 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (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 business had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. During the same quarter last year, the firm posted $2.21 EPS. The company’s quarterly revenue was up 4.8% on a year-over-year basis. 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. As a group, research analysts anticipate that Check Point Software Technologies Ltd. will post 8.44 EPS for the current year.

Analyst Ratings Changes

CHKP has been the subject of several recent analyst reports. Scotiabank raised Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price objective for the company in a report on Monday, July 6th. UBS Group lowered their target price on shares of Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Check Point Software Technologies in a research report on Friday. Compass Point set a $135.00 price target on shares of Check Point Software Technologies in a research note on Monday. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $160.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $151.81.

Insider Activity

In related news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction dated 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 sale, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. The trade was a 86.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.

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).