VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $25.75 Million Investment in Check Point Software Technologies Ltd. $CHKP

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 195,937 shares of the technology company’s stock, valued at approximately $25,752,000.

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

Analyst Ratings Changes

Several research analysts have weighed in on CHKP shares. UBS Group increased their price target on shares of Check Point Software Technologies from $130.00 to $135.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Scotiabank raised Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 target price on the stock in a research report on Monday, July 6th. Citigroup increased their target price on Check Point Software Technologies from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Raymond James Financial cut Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Finally, Guggenheim upgraded Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 price target for the company in a research note on Wednesday, July 1st. Nine investment analysts have rated the stock with a Buy rating and eighteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $149.67.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP opened at $137.05 on Tuesday. The company has a market cap of $13.99 billion, a price-to-earnings ratio of 14.03, a PEG ratio of 3.92 and a beta of 0.50. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $210.66. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67. The stock has a fifty day moving average price of $132.55 and a 200-day moving average price of $136.17.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 38.80% and a net margin of 37.93%.Check Point Software Technologies’s revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the business 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, equities analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CRO Sherif Seddik sold 10,272 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total value of $1,269,516.48. Following the completion of the transaction, the executive directly owned 24,675 shares in the company, valued at approximately $3,049,583.25. The trade was a 29.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by corporate insiders.

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).