Altshuler Shaham Ltd Has $104.43 Million Stake in Check Point Software Technologies Ltd. $CHKP

Altshuler Shaham Ltd raised its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6,253,188.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 562,796 shares of the technology company’s stock after purchasing an additional 562,787 shares during the period. Check Point Software Technologies makes up 1.5% of Altshuler Shaham Ltd’s investment portfolio, making the stock its 24th biggest holding. Altshuler Shaham Ltd’s holdings in Check Point Software Technologies were worth $104,432,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CHKP. Polar Asset Management Partners Inc. acquired a new stake in shares of Check Point Software Technologies in the fourth quarter valued at about $8,740,000. AQR Capital Management LLC increased its position in shares of Check Point Software Technologies by 31.3% in the fourth quarter. AQR Capital Management LLC now owns 5,529 shares of the technology company’s stock valued at $1,026,000 after acquiring an additional 1,317 shares during the last quarter. EFG International AG acquired a new stake in shares of Check Point Software Technologies in the fourth quarter valued at about $4,277,000. Cetera Investment Advisers increased its position in shares of Check Point Software Technologies by 21.6% in the fourth quarter. Cetera Investment Advisers now owns 85,672 shares of the technology company’s stock valued at $15,897,000 after acquiring an additional 15,232 shares during the last quarter. Finally, Lazard Asset Management LLC increased its position in shares of Check Point Software Technologies by 2.2% in the fourth quarter. Lazard Asset Management LLC now owns 696,402 shares of the technology company’s stock valued at $129,224,000 after acquiring an additional 14,914 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Insider Activity

In related news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Royal Bank Of Canada lowered their target price on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, May 1st. Roth Mkm set a $160.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Truist Financial set a $150.00 target price on Check Point Software Technologies in a research report on Thursday, April 30th. Argus raised Check Point Software Technologies to a “hold” rating in a research report on Thursday, February 26th. Finally, Piper Sandler downgraded Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $146.50.

Check Point Software Technologies Trading Down 0.1%

Check Point Software Technologies stock opened at $121.89 on Thursday. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $232.07. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a market capitalization of $12.87 billion, a P/E ratio of 12.51, a PEG ratio of 3.59 and a beta of 0.49. The stock has a 50-day simple moving average of $130.39 and a 200 day simple moving average of $157.96.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The company had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the previous year, the company posted $2.21 earnings per share. The business’s revenue was up 4.8% on a year-over-year basis. 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 earnings per share for the current year.

Check Point Software Technologies Company Profile

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).