Mizuho Markets Americas LLC raised its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 633.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 158,900 shares of the technology company’s stock after acquiring an additional 137,235 shares during the quarter. Mizuho Markets Americas LLC’s holdings in Check Point Software Technologies were worth $22,699,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in Check Point Software Technologies during the 3rd quarter valued at about $27,000. Abound Financial LLC purchased a new stake in Check Point Software Technologies in the fourth quarter valued at about $27,000. MV Capital Management Inc. acquired a new stake in Check Point Software Technologies in the fourth quarter worth about $28,000. Ascentis Independent Advisors purchased a new stake in shares of Check Point Software Technologies during the first quarter worth about $30,000. Finally, Ossiam increased its holdings in shares of Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 96 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on the stock. BMO Capital Markets lowered their target price on shares of Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Royal Bank Of Canada decreased their price target on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating for the company in a report on Friday, May 1st. Scotiabank upgraded shares of 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 research note on Monday, July 6th. Jefferies Financial Group reissued a “buy” rating and set a $160.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Finally, Citigroup cut their target price on Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Ten research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $150.52.
Check Point Software Technologies Price Performance
Shares of NASDAQ:CHKP opened at $126.01 on Friday. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $224.20. 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 company has a market cap of $13.31 billion, a PE ratio of 12.94, a price-to-earnings-growth ratio of 3.78 and a beta of 0.49. The company’s 50 day moving average is $130.61 and its 200 day moving average is $147.29.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.42 by $0.08. The business had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.21 EPS. 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 forecast that Check Point Software Technologies Ltd. will post 8.45 EPS for the current year.
Insider Transactions at Check Point Software Technologies
In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the company’s 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 sale, the director directly owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by corporate insiders.
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).
Further Reading
- Five stocks we like better than Check Point Software Technologies
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding CHKP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report).
Receive News & Ratings for Check Point Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check Point Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
