Strive Financial Group LLC Sells 7,712 Shares of Check Point Software Technologies Ltd. $CHKP

Strive Financial Group LLC lowered its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 84.9% in the second quarter, HoldingsChannel.com reports. The fund owned 1,367 shares of the technology company’s stock after selling 7,712 shares during the quarter. Strive Financial Group LLC’s holdings in Check Point Software Technologies were worth $180,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. AQR Capital Management LLC bought a new position in Check Point Software Technologies in the 1st quarter valued at $262,000. EverSource Wealth Advisors LLC raised its holdings in shares of Check Point Software Technologies by 24.3% in the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock valued at $132,000 after buying an additional 117 shares during the last quarter. Squarepoint Ops LLC lifted its position in Check Point Software Technologies by 20.9% during the 2nd quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after buying an additional 4,577 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Check Point Software Technologies by 6.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after acquiring an additional 2,198 shares during the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in Check Point Software Technologies by 17.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after acquiring an additional 317 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CHKP shares. Roth Capital set a $105.00 target price on shares of Check Point Software Technologies in a research note on Friday, July 31st. 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 for the company in a report on Saturday, August 1st. Susquehanna upped their price objective on Check Point Software Technologies from $140.00 to $150.00 and gave the stock a “positive” rating in a report on Friday, July 31st. Cantor Fitzgerald reissued a “neutral” rating and issued a $150.00 target price on shares of Check Point Software Technologies in a research note on Thursday, July 23rd. Finally, Scotiabank raised Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price target on the stock in a research note on Monday, July 6th. Nine research analysts have rated the stock with a Buy rating and eighteen have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $149.67.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies news, CRO Sherif Seddik sold 10,272 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total value of $1,269,516.48. Following the completion of the sale, the executive owned 24,675 shares of the company’s stock, valued at approximately $3,049,583.25. This represents a 29.39% 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. Corporate insiders own 29.00% of the company’s stock.

Check Point Software Technologies Stock Down 0.3%

Shares of Check Point Software Technologies stock opened at $137.05 on Friday. The business has a fifty day simple moving average of $132.38 and a 200 day simple moving average of $136.62. The stock has a market cap of $13.99 billion, a PE ratio of 14.03, a price-to-earnings-growth ratio of 3.92 and a beta of 0.50. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72. Check Point Software Technologies Ltd. has a 12 month low of $112.23 and a 12 month high of $210.66.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.10. The firm had revenue of $673.60 million for the quarter, compared to analysts’ expectations of $675.45 million. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%.The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $2.37 earnings per share. 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 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).