Check Point Software Technologies Ltd. $CHKP Shares Acquired by USS Investment Management Ltd

USS Investment Management Ltd grew its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 0.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,777 shares of the technology company’s stock after purchasing an additional 57 shares during the quarter. USS Investment Management Ltd’s holdings in Check Point Software Technologies were worth $3,825,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Capital A Wealth Management LLC acquired a new stake in shares of Check Point Software Technologies in the fourth quarter valued at about $29,000. Horizon Investments LLC grew its stake in Check Point Software Technologies by 116.4% during the 1st quarter. Horizon Investments LLC now owns 158 shares of the technology company’s stock valued at $36,000 after acquiring an additional 85 shares in the last quarter. Cromwell Holdings LLC purchased a new stake in Check Point Software Technologies during the 1st quarter valued at about $37,000. Abound Financial LLC purchased a new stake in Check Point Software Technologies during the 1st quarter valued at about $40,000. Finally, Menard Financial Group LLC purchased a new stake in Check Point Software Technologies during the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 98.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Scotiabank dropped their price objective on shares of Check Point Software Technologies from $240.00 to $220.00 and set a “sector outperform” rating for the company in a research note on Thursday, July 31st. Jefferies Financial Group dropped their price objective on shares of Check Point Software Technologies from $260.00 to $230.00 and set a “buy” rating for the company in a research note on Thursday, July 31st. Barclays set a $215.00 price objective on shares of Check Point Software Technologies and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Wells Fargo & Company dropped their price objective on shares of Check Point Software Technologies from $265.00 to $225.00 and set an “overweight” rating for the company in a research note on Thursday, July 31st. Finally, Morgan Stanley dropped their price objective on shares of Check Point Software Technologies from $215.00 to $193.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $227.58.

Check Point Software Technologies Price Performance

Shares of CHKP stock opened at $196.90 on Tuesday. The firm’s 50-day moving average is $202.34 and its two-hundred day moving average is $214.55. Check Point Software Technologies Ltd. has a 12 month low of $169.01 and a 12 month high of $234.35. The company has a market capitalization of $21.66 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 2.90 and a beta of 0.60.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Wednesday, July 30th. The technology company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Check Point Software Technologies had a net margin of 32.48% and a return on equity of 33.21%. The company had revenue of $665.20 million for the quarter, compared to the consensus estimate of $663.10 million. During the same period in the previous year, the firm earned $2.17 earnings per share. Check Point Software Technologies’s quarterly revenue was up 6.0% compared to the same quarter last year. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. Sell-side analysts forecast that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

About Check Point Software Technologies

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.