Hsbc Holdings PLC Buys 25,105 Shares of Check Point Software Technologies Ltd. $CHKP

Hsbc Holdings PLC raised its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 56.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 69,340 shares of the technology company’s stock after buying an additional 25,105 shares during the quarter. Hsbc Holdings PLC’s holdings in Check Point Software Technologies were worth $12,902,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Modern Wealth Management LLC raised its stake in Check Point Software Technologies by 3.6% in the third quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after purchasing an additional 53 shares in the last quarter. Horizon Investments LLC raised its position in shares of Check Point Software Technologies by 28.9% in the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock valued at $50,000 after buying an additional 54 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. lifted its holdings in shares of Check Point Software Technologies by 4.6% during the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,353 shares of the technology company’s stock worth $251,000 after acquiring an additional 59 shares during the period. RIA Advisory Group LLC boosted its position in shares of Check Point Software Technologies by 5.1% during the 4th quarter. RIA Advisory Group LLC now owns 1,258 shares of the technology company’s stock worth $233,000 after acquiring an additional 61 shares in the last quarter. Finally, Transamerica Financial Advisors LLC increased its stake in Check Point Software Technologies by 9.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 745 shares of the technology company’s stock valued at $138,000 after acquiring an additional 64 shares during the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director 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 document filed 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. 29.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CHKP. Bank of America lowered Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research note on Monday, May 4th. Mizuho set a $135.00 price objective on Check Point Software Technologies in a research report on Friday, May 1st. Wells Fargo & Company reduced their price objective on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Jefferies Financial Group reissued a “buy” rating and set a $160.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Finally, TD Cowen set a $180.00 target price on shares of Check Point Software Technologies in a report on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Check Point Software Technologies has an average rating of “Hold” and an average price target of $150.26.

Check Point Software Technologies Stock Down 0.1%

Shares of CHKP opened at $138.75 on Wednesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $232.07. The stock has a market capitalization of $14.65 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 4.10 and a beta of 0.49. The stock has a fifty day moving average of $127.72 and a 200-day moving average of $151.83.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating 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 firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. During the same period last year, the firm posted $2.21 earnings per share. The business’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal 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).