Intech Investment Management LLC Reduces Stock Position in Check Point Software Technologies Ltd. $CHKP

Intech Investment Management LLC decreased its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 28.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,185 shares of the technology company’s stock after selling 24,152 shares during the quarter. Intech Investment Management LLC owned 0.06% of Check Point Software Technologies worth $11,353,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Measured Wealth Private Client Group LLC bought a new position in shares of Check Point Software Technologies during the 3rd quarter valued at approximately $27,000. Ossiam raised its position in shares of Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after buying an additional 96 shares during the last quarter. Hilltop National Bank bought a new stake in shares of Check Point Software Technologies during the fourth quarter valued at approximately $36,000. Sunbelt Securities Inc. bought a new stake in shares of Check Point Software Technologies during the third quarter valued at approximately $38,000. Finally, LRI Investments LLC increased its position in Check Point Software Technologies by 100.9% in the fourth quarter. LRI Investments LLC now owns 215 shares of the technology company’s stock worth $40,000 after purchasing an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Morgan Stanley set a $133.00 price target on shares of Check Point Software Technologies in a research report on Friday, May 1st. 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 note on Friday, May 1st. Roth Mkm set a $160.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Bank of America downgraded shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 target price for the company. in a report on Monday, May 4th. Finally, BMO Capital Markets decreased their price objective on shares of Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a research report on Monday, May 4th. Eight analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $146.50.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $135.05 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market capitalization of $14.26 billion, a price-to-earnings ratio of 13.87, a PEG ratio of 3.87 and a beta of 0.43. The firm’s 50 day simple moving average is $134.74 and its 200-day simple moving average is $163.84. Check Point Software Technologies Ltd. has a 12 month low of $112.23 and a 12 month high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. The firm had revenue of $668.40 million during the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.21 EPS. 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. Analysts expect that Check Point Software Technologies Ltd. will post 8.47 EPS for the current year.

About Check Point Software Technologies

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).