Daiwa Securities Group Inc. Purchases 20,864 Shares of Check Point Software Technologies Ltd. $CHKP

Daiwa Securities Group Inc. boosted its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 229.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 29,946 shares of the technology company’s stock after acquiring an additional 20,864 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Check Point Software Technologies were worth $5,556,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its holdings in Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after purchasing an additional 1,766,774 shares during the last quarter. Norges Bank bought a new position in Check Point Software Technologies during the 4th quarter valued at about $731,276,000. First Trust Advisors LP grew its holdings in Check Point Software Technologies by 31.4% during the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock valued at $516,711,000 after purchasing an additional 597,413 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Check Point Software Technologies by 8.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock valued at $449,274,000 after purchasing an additional 170,075 shares during the last quarter. Finally, DNB Asset Management AS grew its holdings in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock valued at $337,782,000 after purchasing an additional 932,485 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Price Performance

Shares of CHKP stock opened at $135.82 on Monday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The company has a market capitalization of $14.34 billion, a P/E ratio of 13.94, a P/E/G ratio of 4.00 and a beta of 0.49. The company’s 50-day simple moving average is $133.57 and its two-hundred day simple moving average is $161.40. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The business had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. As a group, equities analysts anticipate that Check Point Software Technologies Ltd. will post 8.47 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on CHKP. BMO Capital Markets cut their price target on shares of Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. Wedbush cut their price target on shares of Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. UBS Group cut their price target on shares of Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Jefferies Financial Group reiterated a “buy” rating and set a $160.00 price target on shares of Check Point Software Technologies in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. cut their price target on shares of Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $146.50.

Insider Buying and Selling

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction dated 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 directly owned 4,008 shares in the company, valued at $562,242.24. This represents a 86.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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).