47,456 Shares in Check Point Software Technologies Ltd. $CHKP Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 47,456 shares of the technology company’s stock, valued at approximately $6,237,000.

Several other institutional investors have also added to or reduced their stakes in CHKP. Phoenix Financial Ltd. purchased a new position in Check Point Software Technologies in the 4th quarter worth about $30,202,000. Goldman Sachs Group Inc. grew its stake in shares of Check Point Software Technologies by 30.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 639,967 shares of the technology company’s stock worth $118,752,000 after acquiring an additional 149,637 shares during the period. Victory Capital Management Inc. grew its stake in shares of Check Point Software Technologies by 16.2% in the fourth quarter. Victory Capital Management Inc. now owns 1,684,756 shares of the technology company’s stock worth $312,623,000 after acquiring an additional 234,539 shares during the period. Hsbc Holdings PLC raised its holdings in shares of Check Point Software Technologies by 56.8% during the fourth quarter. Hsbc Holdings PLC now owns 69,340 shares of the technology company’s stock valued at $12,902,000 after purchasing an additional 25,105 shares during the last quarter. Finally, World Investment Advisors lifted its position in Check Point Software Technologies by 38.4% during the fourth quarter. World Investment Advisors now owns 30,146 shares of the technology company’s stock valued at $5,594,000 after purchasing an additional 8,370 shares during the period. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on CHKP. Barclays dropped their target price on shares of Check Point Software Technologies from $145.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. Wells Fargo & Company lowered their target price on Check Point Software Technologies from $140.00 to $130.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. TD Cowen reissued a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, July 30th. Compass Point set a $135.00 price target on shares of Check Point Software Technologies in a research report on Monday, July 27th. Finally, Stifel Nicolaus increased their price objective on shares of Check Point Software Technologies from $120.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, July 31st. Nine investment analysts have rated the stock with a Buy rating and eighteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $149.67.

Check Point Software Technologies Price Performance

CHKP stock opened at $134.47 on Wednesday. The company’s fifty day moving average price is $131.77 and its 200-day moving average price is $137.07. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $210.66. The company has a market capitalization of $13.73 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 3.97 and a beta of 0.50. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.10. The company had revenue of $673.60 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, equities analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CRO Sherif Seddik sold 10,272 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total value of $1,269,516.48. Following the sale, the executive directly owned 24,675 shares in the company, valued at approximately $3,049,583.25. This represents a 29.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by company 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).