Check Point Software Technologies Ltd. (NASDAQ:CHKP – Get Free Report) insider Nataly Kremer sold 3,185 shares of Check Point Software Technologies stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $150.08, for a total transaction of $478,004.80. Following the sale, the insider owned 19,347 shares of the company’s stock, valued at approximately $2,903,597.76. This represents a 14.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Check Point Software Technologies Trading Up 0.4%
Shares of CHKP stock traded up $0.60 during trading hours on Monday, hitting $159.63. The company had a trading volume of 1,613,563 shares, compared to its average volume of 1,332,538. The company’s fifty day moving average is $134.92 and its 200 day moving average is $132.10. 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 Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $210.66. The stock has a market capitalization of $16.30 billion, a PE ratio of 16.34, a price-to-earnings-growth ratio of 4.55 and a beta of 0.48.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last posted its earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.10. The firm had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.37 EPS. 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 expect that Check Point Software Technologies Ltd. will post 8.45 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
CHKP has been the topic of several research analyst reports. Wedbush lowered Check Point Software Technologies from an “outperform” rating to a “neutral” rating and set a $135.00 price target on the stock. in a research report on Thursday, September 10th. Compass Point set a $135.00 price objective on Check Point Software Technologies in a report on Monday, July 27th. Guggenheim upgraded shares of Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 target price on the stock in a research report on Wednesday, July 1st. Citigroup lifted their target price on shares of Check Point Software Technologies from $125.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Finally, Yorkville Ives started coverage on shares of Check Point Software Technologies in a research report on Wednesday, October 7th. They issued an “outperform” rating and a $150.00 price target for the company. Nine analysts have rated the stock with a Buy rating and nineteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $149.50.
View Our Latest Analysis on CHKP
Institutional Investors Weigh In On Check Point Software Technologies
Large investors have recently made changes to their positions in the business. Evergreen Capital Management LLC grew its stake in shares of Check Point Software Technologies by 25.1% in the third quarter. Evergreen Capital Management LLC now owns 5,630 shares of the technology company’s stock valued at $723,000 after buying an additional 1,131 shares in the last quarter. Inspire Investing LLC lifted its position in Check Point Software Technologies by 10.3% during the 3rd quarter. Inspire Investing LLC now owns 27,641 shares of the technology company’s stock worth $3,548,000 after acquiring an additional 2,574 shares in the last quarter. Yousif Capital Management LLC lifted its position in Check Point Software Technologies by 2.0% during the 3rd quarter. Yousif Capital Management LLC now owns 3,839 shares of the technology company’s stock worth $493,000 after acquiring an additional 77 shares in the last quarter. Cardinal Capital Management boosted its holdings in Check Point Software Technologies by 15.8% in the 3rd quarter. Cardinal Capital Management now owns 10,854 shares of the technology company’s stock worth $1,393,000 after acquiring an additional 1,480 shares during the period. Finally, Sage Private Wealth Group LLC purchased a new position in Check Point Software Technologies in the 3rd quarter worth approximately $1,005,000. Institutional investors and hedge funds own 98.51% of the company’s stock.
About Check Point Software Technologies
Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.
The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.
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