Check Point Software Technologies Ltd. $CHKP Stock Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC lowered its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 66.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,899 shares of the technology company’s stock after selling 11,524 shares during the period. Quadrant Capital Group LLC’s holdings in Check Point Software Technologies were worth $796,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CHKP. Robinson Value Management Ltd. bought a new stake in Check Point Software Technologies in the third quarter worth approximately $2,707,000. Robertson Stephens Wealth Management LLC raised its holdings in shares of Check Point Software Technologies by 180.4% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 22,769 shares of the technology company’s stock valued at $2,922,000 after purchasing an additional 14,648 shares in the last quarter. Wealth Intelligence LLC lifted its stake in shares of Check Point Software Technologies by 11.9% in the 3rd quarter. Wealth Intelligence LLC now owns 4,691 shares of the technology company’s stock valued at $602,000 after purchasing an additional 497 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its holdings in Check Point Software Technologies by 11.3% in the third quarter. Legacy Wealth Asset Management LLC now owns 18,800 shares of the technology company’s stock worth $2,413,000 after purchasing an additional 1,908 shares in the last quarter. Finally, Plan A Wealth LLC boosted its holdings in Check Point Software Technologies by 20.1% in the third quarter. Plan A Wealth LLC now owns 2,075 shares of the technology company’s stock worth $266,000 after purchasing an additional 347 shares in the last quarter. Institutional investors own 98.51% of the company’s stock.

Analyst Upgrades and Downgrades

CHKP has been the topic of several analyst reports. Yorkville Ives began coverage on shares of Check Point Software Technologies in a research report on Wednesday, October 7th. They set an “outperform” rating and a $150.00 target price on the stock. The Goldman Sachs Group decreased their price target on Check Point Software Technologies from $168.00 to $150.00 and set a “neutral” rating for the company in a research note on Saturday, August 1st. Mizuho increased their price objective on Check Point Software Technologies from $135.00 to $145.00 and gave the company a “neutral” rating in a report on Thursday, October 15th. Cantor Fitzgerald reissued a “neutral” rating and issued a $150.00 price objective on shares of Check Point Software Technologies in a research note on Thursday, July 23rd. Finally, TD Cowen restated a “buy” rating on shares of Check Point Software Technologies in a report on Thursday, July 30th. Nine research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the stock. According to MarketBeat.com, Check Point Software Technologies presently has a consensus rating of “Hold” and a consensus target price of $149.50.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies news, CRO Sherif Seddik sold 10,272 shares of Check Point Software Technologies 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 transaction, the executive directly owned 24,675 shares of the company’s stock, valued at $3,049,583.25. The trade was a 29.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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.

Check Point Software Technologies Stock Up 4.6%

Check Point Software Technologies stock opened at $159.03 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.67 and a quick ratio of 1.67. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $210.66. The firm has a fifty day moving average price of $134.92 and a two-hundred day moving average price of $132.21. The firm has a market cap of $16.24 billion, a price-to-earnings ratio of 16.28, a P/E/G ratio of 4.55 and a beta of 0.48.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.10. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%. The company had revenue of $673.60 million for the quarter, compared to the consensus estimate of $675.45 million. During the same period last year, the business posted $2.37 earnings per share. The firm’s revenue was up 1.3% compared to the same quarter last year. 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, analysts forecast that Check Point Software Technologies Ltd. will post 8.45 earnings per share for the current year.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.

The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.