Sherif Seddik Sells 10,272 Shares of Check Point Software Technologies (NASDAQ:CHKP) Stock

Check Point Software Technologies Ltd. (NASDAQ:CHKP) CRO Sherif Seddik sold 10,272 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the sale, the executive owned 24,675 shares in the company, valued at $3,049,583.25. This represents a 29.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Trading Up 2.0%

NASDAQ CHKP opened at $127.82 on Friday. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $210.66. The company has a 50 day moving average price of $130.42 and a 200 day moving average price of $143.04. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72. The firm has a market cap of $13.05 billion, a PE ratio of 13.08, a price-to-earnings-growth ratio of 4.66 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.10. The company had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. Check Point Software Technologies’s revenue was up 1.3% compared to the same quarter last year. During the same period last year, the firm earned $2.37 earnings per share. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, sell-side analysts forecast that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on CHKP. Truist Financial set a $150.00 price target on Check Point Software Technologies in a research note on Thursday, April 30th. Piper Sandler lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research note on Thursday, April 30th. Morgan Stanley set a $133.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. UBS Group lifted their target price on shares of Check Point Software Technologies from $130.00 to $135.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Check Point Software Technologies in a research report on Friday, July 24th. Nine equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $149.67.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Plato Investment Management Ltd acquired a new stake in shares of Check Point Software Technologies during the second quarter worth about $418,000. Kentucky Trust Co increased its holdings in Check Point Software Technologies by 9.3% in the 2nd quarter. Kentucky Trust Co now owns 2,340 shares of the technology company’s stock worth $308,000 after buying an additional 200 shares during the period. Handelsbanken Fonder AB raised its position in Check Point Software Technologies by 18.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 28,156 shares of the technology company’s stock worth $3,701,000 after buying an additional 4,462 shares during the last quarter. Legacy Wealth Asset Management LLC raised its position in Check Point Software Technologies by 250.9% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 16,892 shares of the technology company’s stock worth $2,220,000 after buying an additional 12,078 shares during the last quarter. Finally, Franklin Parlapiano Turner & Welch LLC lifted its stake in Check Point Software Technologies by 10.6% during the 2nd quarter. Franklin Parlapiano Turner & Welch LLC now owns 44,816 shares of the technology company’s stock valued at $5,890,000 after acquiring an additional 4,306 shares during the period. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

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).