Key Points
- Check Point director Yoav Chelouche sold 25,000 shares on June 2 at an average price of $140.28, totaling about $3.51 million. After the transaction, he held 4,008 shares, a drop of 86.18%, and the sale was made under a pre-arranged Rule 10b5-1 plan.
- The company’s latest quarterly results beat profit expectations, with EPS of $2.50 versus analyst estimates of $2.42. Revenue came in at $668.4 million, slightly below consensus, but still rose 4.8% year over year.
- Analyst sentiment remains cautious, with an average rating of “Hold” and an average price target of $146.50. Several firms recently cut their targets, reflecting a softer outlook despite the company’s strong profitability and institutional ownership.
Check Point Software Technologies Ltd. (NASDAQ:CHKP - Get Free Report) Director Yoav Chelouche sold 25,000 shares of the business's stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction 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. This represents a 86.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Check Point Software Technologies Price Performance
Shares of NASDAQ:CHKP opened at $136.46 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $233.78. The firm has a 50-day simple moving average of $133.71 and a 200 day simple moving average of $161.80. The company has a market cap of $14.41 billion, a PE ratio of 14.01, a P/E/G ratio of 4.00 and a beta of 0.49.
Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) 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 business had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. During the same quarter in the prior year, the firm earned $2.21 EPS. The company's revenue for the quarter 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. On average, sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.47 EPS for the current year.
Analyst Ratings Changes
CHKP has been the subject of a number of recent research reports. Royal Bank Of Canada lowered their price objective on shares of Check Point Software Technologies from $157.00 to $135.00 and set a "sector perform" rating for the company in a research report on Friday, May 1st. Truist Financial set a $150.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Citigroup lowered their price objective on shares of Check Point Software Technologies from $190.00 to $125.00 and set a "neutral" rating for the company in a research report on Monday, May 4th. Roth Mkm set a $160.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Finally, Wells Fargo & Company lowered their price objective on shares of Check Point Software Technologies from $165.00 to $120.00 and set an "equal weight" rating for the company in a research report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $146.50.
Get Our Latest Research Report on Check Point Software Technologies
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Penserra Capital Management LLC boosted its holdings in shares of Check Point Software Technologies by 14.1% in the third quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company's stock valued at $97,030,000 after acquiring an additional 57,817 shares in the last quarter. Nordea Investment Management AB boosted its holdings in shares of Check Point Software Technologies by 3.3% in the fourth quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company's stock valued at $205,827,000 after acquiring an additional 35,448 shares in the last quarter. M&G PLC boosted its holdings in shares of Check Point Software Technologies by 48.8% in the third quarter. M&G PLC now owns 119,834 shares of the technology company's stock valued at $24,806,000 after acquiring an additional 39,292 shares in the last quarter. Phoenix Financial Ltd. bought a new position in shares of Check Point Software Technologies in the fourth quarter valued at approximately $30,202,000. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Check Point Software Technologies by 28.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company's stock valued at $1,472,832,000 after acquiring an additional 1,766,774 shares in the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.
Check Point Software Technologies Company Profile
(
Get Free Report)
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).
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