Jones Financial Companies Lllp Acquires Shares of 7,374 Check Point Software Technologies Ltd. $CHKP

Jones Financial Companies Lllp purchased a new stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) in the second quarter, Holdings Channel reports. The firm purchased 7,374 shares of the technology company’s stock, valued at approximately $969,000.

Other hedge funds have also bought and sold shares of the company. Abound Financial LLC purchased a new position in Check Point Software Technologies in the fourth quarter worth $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Check Point Software Technologies during the 3rd quarter valued at $27,000. MV Capital Management Inc. bought a new stake in shares of Check Point Software Technologies during the 4th quarter worth $28,000. Ascentis Independent Advisors bought a new stake in shares of Check Point Software Technologies during the 1st quarter worth $30,000. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of Check Point Software Technologies by 42.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock worth $33,000 after buying an additional 76 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Price Performance

NASDAQ CHKP opened at $130.50 on Tuesday. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72. The company has a market cap of $13.32 billion, a PE ratio of 13.36, a price-to-earnings-growth ratio of 4.85 and a beta of 0.49. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $210.66. The firm’s 50-day simple moving average is $130.35 and its two-hundred day simple moving average is $138.96.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.10. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The firm had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. During the same quarter last year, the company earned $2.37 earnings per share. The company’s revenue was up 1.3% on a year-over-year basis. 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 predict that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current year.

Insider Activity at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the transaction, the director directly owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sherif Seddik sold 10,272 shares of Check Point Software Technologies stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the transaction, the executive owned 24,675 shares of the company’s stock, valued at $3,049,583.25. This represents a 29.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Scotiabank upgraded shares of Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price target for the company in a research report on Monday, July 6th. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a research note on Thursday, July 30th. Barclays reduced their target price on shares of Check Point Software Technologies from $145.00 to $140.00 and set an “equal weight” rating for the company in a research report on Friday, July 31st. Stifel Nicolaus raised their price target on shares of Check Point Software Technologies from $120.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, July 31st. Finally, The Goldman Sachs Group lowered their price target on shares of Check Point Software Technologies from $168.00 to $150.00 and set a “neutral” rating on the stock in a report on Saturday, August 1st. Nine equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company. Based on data from MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and a consensus target price of $149.67.

Check Point Software Technologies 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).