Key Points
- Check Point CRO Sherif Seddik sold 10,272 shares at an average price of $123.59, generating $1.27 million. The Rule 10b5-1 transaction reduced his ownership by 29.39%, leaving him with 24,675 shares.
- Check Point reported quarterly EPS of $2.55, beating estimates by $0.10, while revenue rose 1.3% year over year to $673.6 million. The company posted a 37.93% net margin and issued third-quarter and full-year 2026 EPS guidance.
- Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $149.67; institutional investors own 98.51% of the company’s stock.
Check Point Software Technologies Ltd. (NASDAQ:CHKP - Get Free Report) CRO Sherif Seddik sold 10,272 shares of the firm'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 transaction of $1,269,516.48. Following the completion of the sale, the executive owned 24,675 shares in the company, valued at approximately $3,049,583.25. The trade was a 29.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Check Point Software Technologies Price Performance
CHKP stock opened at $125.28 on Friday. The company has a 50 day simple moving average of $130.57 and a 200 day simple moving average of $143.14. The stock has a market cap of $12.79 billion, a price-to-earnings ratio of 12.82, a P/E/G ratio of 4.66 and a beta of 0.49. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $210.66. 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 (NASDAQ:CHKP - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.45 by $0.10. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The business had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. During the same quarter in the prior year, the firm earned $2.37 EPS. 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. Research analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.
Hedge Funds Weigh In On Check Point Software Technologies
Several large investors have recently modified their holdings of CHKP. Massachusetts Financial Services Co. MA grew its stake 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 worth $1,472,832,000 after purchasing an additional 1,766,774 shares during the last quarter. Norges Bank bought a new position in Check Point Software Technologies during the 4th quarter worth $731,276,000. First Trust Advisors LP raised its position in Check Point Software Technologies by 6.3% during the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company's stock worth $492,588,000 after purchasing an additional 157,327 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Check Point Software Technologies by 9.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company's stock worth $442,733,000 after buying an additional 170,373 shares during the period. Finally, DNB Asset Management AS lifted its holdings in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company's stock worth $337,782,000 after buying an additional 932,485 shares during the period. Institutional investors own 98.51% of the company's stock.
Analyst Ratings Changes
A number of research analysts have recently commented on CHKP shares. Piper Sandler cut Check Point Software Technologies from an "overweight" rating to a "neutral" rating and set a $120.00 price target for the company. in a research note on Thursday, April 30th. Guggenheim raised Check Point Software Technologies from a "neutral" rating to a "buy" rating and set a $188.00 target price for the company in a report on Wednesday, July 1st. Barclays lowered their target price on Check Point Software Technologies from $145.00 to $140.00 and set an "equal weight" rating for the company in a report on Friday, July 31st. JPMorgan Chase & Co. downgraded Check Point Software Technologies from an "overweight" rating to a "neutral" rating and set a $135.00 target price for the company. in a research report on Monday, July 27th. Finally, Scotiabank raised Check Point Software Technologies from a "sector perform" rating to an "outperform" rating and set a $185.00 price target on the stock in a research note on Monday, July 6th. Nine analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $149.67.
Check Out Our Latest Analysis on CHKP
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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