Check Point Software Technologies Ltd. $CHKP Shares Sold by Henry James International Management Inc.

Henry James International Management Inc. cut its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 16.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 24,455 shares of the technology company’s stock after selling 4,800 shares during the period. Check Point Software Technologies comprises approximately 1.8% of Henry James International Management Inc.’s holdings, making the stock its 19th biggest position. Henry James International Management Inc.’s holdings in Check Point Software Technologies were worth $5,411,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Legacy Investment Solutions LLC bought a new position in Check Point Software Technologies in the second quarter worth about $25,000. Horizon Investments LLC raised its position in shares of Check Point Software Technologies by 116.4% during the 1st quarter. Horizon Investments LLC now owns 158 shares of the technology company’s stock worth $36,000 after purchasing an additional 85 shares during the period. AlphaCore Capital LLC bought a new stake in shares of Check Point Software Technologies in the 2nd quarter worth approximately $43,000. Summit Securities Group LLC bought a new stake in shares of Check Point Software Technologies in the 1st quarter worth approximately $49,000. Finally, SVB Wealth LLC acquired a new position in Check Point Software Technologies during the 1st quarter valued at approximately $74,000. Institutional investors own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

CHKP has been the topic of several analyst reports. BMO Capital Markets increased their target price on Check Point Software Technologies from $215.00 to $240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Stifel Nicolaus set a $211.00 price objective on shares of Check Point Software Technologies in a report on Tuesday, October 28th. JPMorgan Chase & Co. cut their price objective on shares of Check Point Software Technologies from $257.00 to $251.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 24th. UBS Group upped their target price on shares of Check Point Software Technologies from $210.00 to $215.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings raised Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $230.91.

Check Point Software Technologies Stock Down 3.2%

Shares of CHKP opened at $192.12 on Friday. The firm has a market capitalization of $21.13 billion, a PE ratio of 21.04, a P/E/G ratio of 3.16 and a beta of 0.61. The firm has a 50-day moving average price of $193.85 and a 200 day moving average price of $202.86. Check Point Software Technologies Ltd. has a 52-week low of $178.64 and a 52-week high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.45 by $1.49. Check Point Software Technologies had a net margin of 37.62% and a return on equity of 37.91%. The company had revenue of $677.50 million during the quarter, compared to analyst estimates of $673.60 million. During the same period in the prior year, the business posted $2.25 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS and its Q4 2025 guidance at 2.700-2.800 EPS. On average, equities analysts expect that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.