Cinctive Capital Management LP Raises Stock Position in Check Point Software Technologies Ltd. $CHKP

Cinctive Capital Management LP raised its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 5,896.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,601 shares of the technology company’s stock after purchasing an additional 61,557 shares during the period. Cinctive Capital Management LP owned 0.06% of Check Point Software Technologies worth $12,953,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Penserra Capital Management LLC boosted its holdings in Check Point Software Technologies by 14.1% in the 3rd quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company’s stock worth $97,030,000 after buying an additional 57,817 shares during the last quarter. Davis Capital Management acquired a new position in shares of Check Point Software Technologies during the third quarter valued at approximately $1,276,000. Ninety One UK Ltd lifted its position in shares of Check Point Software Technologies by 0.3% in the third quarter. Ninety One UK Ltd now owns 2,601,592 shares of the technology company’s stock valued at $538,295,000 after acquiring an additional 8,814 shares in the last quarter. M&G PLC lifted its position in shares of Check Point Software Technologies by 48.8% in the third quarter. M&G PLC now owns 119,834 shares of the technology company’s stock valued at $24,806,000 after acquiring an additional 39,292 shares in the last quarter. Finally, Meyer Handelman Co. boosted its stake in shares of Check Point Software Technologies by 11.9% in the third quarter. Meyer Handelman Co. now owns 52,291 shares of the technology company’s stock worth $10,820,000 after acquiring an additional 5,552 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on CHKP shares. Truist Financial set a $225.00 price target on Check Point Software Technologies in a research report on Tuesday, January 20th. The Goldman Sachs Group lowered their target price on shares of Check Point Software Technologies from $208.00 to $186.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Citigroup dropped their target price on shares of Check Point Software Technologies from $210.00 to $200.00 and set a “neutral” rating for the company in a report on Tuesday, January 13th. Barclays reduced their target price on shares of Check Point Software Technologies from $220.00 to $195.00 and set an “equal weight” rating for the company in a research report on Friday, February 13th. Finally, Wells Fargo & Company initiated coverage on shares of Check Point Software Technologies in a research note on Tuesday, March 3rd. They issued an “equal weight” rating and a $165.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Check Point Software Technologies has a consensus rating of “Hold” and a consensus target price of $212.40.

Check Point Software Technologies Trading Down 1.4%

CHKP opened at $153.65 on Friday. The stock has a market capitalization of $16.90 billion, a PE ratio of 15.94, a P/E/G ratio of 3.40 and a beta of 0.63. Check Point Software Technologies Ltd. has a one year low of $150.17 and a one year high of $234.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The business’s 50 day moving average price is $172.38 and its 200 day moving average price is $186.44.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $746.40 million. During the same quarter last year, the firm earned $2.70 earnings per share. The firm’s quarterly 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. As a group, equities research analysts expect that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

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).