L2 Asset Management LLC Has $4.67 Million Holdings in Check Point Software Technologies Ltd. $CHKP

L2 Asset Management LLC grew its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 43.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,150 shares of the technology company’s stock after purchasing an additional 7,651 shares during the period. L2 Asset Management LLC’s holdings in Check Point Software Technologies were worth $4,667,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Check Point Software Technologies in the 4th quarter worth about $1,924,000. Squarepoint Ops LLC increased its position in Check Point Software Technologies by 74.0% in the 4th quarter. Squarepoint Ops LLC now owns 7,782 shares of the technology company’s stock worth $1,444,000 after purchasing an additional 3,310 shares during the last quarter. Sculptor Capital LP acquired a new position in Check Point Software Technologies in the 4th quarter worth about $6,797,000. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in Check Point Software Technologies by 28.2% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,570 shares of the technology company’s stock worth $477,000 after purchasing an additional 565 shares during the last quarter. Finally, Twin City Private Wealth LLC increased its position in Check Point Software Technologies by 57.6% in the 4th quarter. Twin City Private Wealth LLC now owns 5,840 shares of the technology company’s stock worth $1,084,000 after purchasing an additional 2,135 shares during the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Check Point Software Technologies

In other news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the transaction, the director owned 4,008 shares of the company’s stock, valued at $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have weighed in on CHKP. Mizuho set a $135.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Stephens reaffirmed 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. Weiss Ratings lowered Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. Cantor Fitzgerald dropped their target price on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Finally, TD Cowen set a $180.00 target price on Check Point Software Technologies in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Check Point Software Technologies has a consensus rating of “Hold” and an average target price of $146.50.

Check Point Software Technologies Trading Down 0.5%

NASDAQ:CHKP opened at $123.46 on Tuesday. Check Point Software Technologies Ltd. has a 12 month low of $112.23 and a 12 month high of $232.07. The firm has a market cap of $13.04 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 3.66 and a beta of 0.49. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. The company’s 50 day moving average is $131.44 and its 200-day moving average is $158.84.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The company had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. During the same quarter last year, the firm posted $2.21 earnings per share. The company’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. Equities analysts anticipate that Check Point Software Technologies Ltd. will post 8.47 EPS for the current year.

Check Point Software Technologies Company 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).