Janney Montgomery Scott LLC Lowers Stake in Check Point Software Technologies Ltd. $CHKP

Janney Montgomery Scott LLC lessened its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 8.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,127 shares of the technology company’s stock after selling 6,703 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Check Point Software Technologies were worth $10,303,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CHKP. Abound Financial LLC purchased a new stake in shares of Check Point Software Technologies during the 4th quarter worth $27,000. Measured Wealth Private Client Group LLC purchased a new position in Check Point Software Technologies in the third quarter valued at about $27,000. MV Capital Management Inc. purchased a new position in Check Point Software Technologies in the fourth quarter valued at about $28,000. Ossiam raised its holdings in Check Point Software Technologies by 139.1% in the third quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 96 shares in the last quarter. Finally, Hilltop National Bank bought a new position in Check Point Software Technologies in the fourth quarter worth about $36,000. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Yoav Chelouche sold 25,000 shares of the firm’s 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 completion of the transaction, the director directly owned 4,008 shares in the company, valued at $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by insiders.

Check Point Software Technologies Stock Up 1.7%

NASDAQ:CHKP opened at $136.58 on Friday. 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 twelve month low of $112.23 and a twelve month high of $232.07. The company has a market cap of $14.42 billion, a PE ratio of 14.02, a P/E/G ratio of 3.96 and a beta of 0.49. The company’s 50 day moving average is $127.64 and its two-hundred day moving average is $152.88.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. During the same period in the previous year, the company earned $2.21 earnings per share. The business’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. Analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CHKP. Wedbush lowered 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. Stephens reissued an “overweight” rating and set a $145.00 target price on shares of Check Point Software Technologies in a research report on Thursday, April 30th. The Goldman Sachs Group set a $168.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Cantor Fitzgerald cut their price target on shares of Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Finally, Stifel Nicolaus set a $120.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $148.04.

Check Point Software Technologies 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).