Boston Partners Sells 58,012 Shares of Check Point Software Technologies Ltd. $CHKP

Boston Partners cut its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 2.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,504,690 shares of the technology company’s stock after selling 58,012 shares during the quarter. Boston Partners’ holdings in Check Point Software Technologies were worth $464,787,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. AQR Capital Management LLC acquired a new stake in shares of Check Point Software Technologies in the first quarter valued at about $262,000. EverSource Wealth Advisors LLC lifted its holdings in Check Point Software Technologies by 24.3% during the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock worth $132,000 after acquiring an additional 117 shares during the period. Squarepoint Ops LLC lifted its holdings in Check Point Software Technologies by 20.9% during the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after acquiring an additional 4,577 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Check Point Software Technologies by 6.5% during the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after acquiring an additional 2,198 shares during the period. Finally, Diversify Advisory Services LLC lifted its holdings in Check Point Software Technologies by 17.3% during the second quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after acquiring an additional 317 shares during the period. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have issued reports on CHKP. Wells Fargo & Company lowered their target price on 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. Morgan Stanley set a $133.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Barclays cut their price objective on shares of Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating for the company in a research report on Friday, May 1st. Stephens reiterated an “overweight” rating and issued a $145.00 target price on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Finally, Compass Point set a $120.00 price target on shares of Check Point Software Technologies in a report on Monday, May 4th. Eight 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $146.50.

Insider Activity

In other news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction dated Tuesday, June 2nd. The stock was 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. The trade was a 86.18% decrease in their ownership of the stock. The sale 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. Company insiders own 29.00% of the company’s stock.

Check Point Software Technologies Stock Performance

CHKP stock opened at $124.06 on Friday. The company has a market cap of $13.10 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of 3.63 and a beta of 0.49. 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 debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The stock’s fifty day moving average price is $131.94 and its 200-day moving average price is $159.45.

Check Point Software Technologies (NASDAQ:CHKP) last released its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.Check Point Software Technologies’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.21 earnings per share. 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, equities analysts forecast that Check Point Software Technologies Ltd. will post 8.47 earnings per share 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).