167,004 Shares in Check Point Software Technologies Ltd. $CHKP Acquired by Align Financial LLC

Align Financial LLC acquired a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 167,004 shares of the technology company’s stock, valued at approximately $30,989,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA boosted its stake in Check Point Software Technologies by 28.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after purchasing an additional 1,766,774 shares during the period. Norges Bank acquired a new position in Check Point Software Technologies in the 4th quarter worth approximately $731,276,000. First Trust Advisors LP boosted its stake in Check Point Software Technologies by 6.3% in the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock worth $492,588,000 after purchasing an additional 157,327 shares during the period. Ameriprise Financial Inc. boosted its stake in Check Point Software Technologies by 8.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock worth $449,274,000 after purchasing an additional 170,075 shares during the period. Finally, DNB Asset Management AS boosted its stake in Check Point Software Technologies by 105.0% in the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after purchasing an additional 932,485 shares during the period. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Stock Down 0.1%

CHKP stock opened at $121.89 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $232.07. The company has a fifty day simple moving average of $130.39 and a 200 day simple moving average of $157.96. The firm has a market cap of $12.87 billion, a PE ratio of 12.51, a PEG ratio of 3.59 and a beta of 0.49.

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, beating the consensus estimate 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 business had revenue of $668.40 million during the quarter, compared to analyst estimates of $672.55 million. During the same quarter in the previous year, the business earned $2.21 EPS. Check Point Software Technologies’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. Sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.

Insider Activity

In related news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company dropped their price target on shares of Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Scotiabank dropped their price target on shares of Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating on the stock in a research note on Friday, May 1st. Compass Point set a $120.00 price target on shares of Check Point Software Technologies in a research note on Monday, May 4th. Morgan Stanley set a $133.00 price target on shares of Check Point Software Technologies in a research note on Friday, May 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $160.00 price target on shares of Check Point Software Technologies in a research note on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $146.50.

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).