Swedbank AB Has $95.07 Million Stock Position in Check Point Software Technologies Ltd. $CHKP

Swedbank AB boosted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 459,460 shares of the technology company’s stock after buying an additional 29,479 shares during the quarter. Swedbank AB’s holdings in Check Point Software Technologies were worth $95,067,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new stake in Check Point Software Technologies during the second quarter valued at about $25,000. Louisbourg Investments Inc. bought a new position in shares of Check Point Software Technologies in the third quarter worth about $29,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Check Point Software Technologies during the 3rd quarter worth about $42,000. AlphaCore Capital LLC bought a new stake in Check Point Software Technologies during the 2nd quarter valued at approximately $43,000. Finally, SVB Wealth LLC acquired a new stake in Check Point Software Technologies in the 1st quarter valued at approximately $74,000. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Price Performance

Shares of Check Point Software Technologies stock opened at $186.69 on Thursday. Check Point Software Technologies Ltd. has a 52-week low of $178.64 and a 52-week high of $234.35. The firm has a market capitalization of $20.53 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. The company’s fifty day moving average price is $192.48 and its two-hundred day moving average price is $200.42.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share for the quarter, beating the consensus estimate of $2.45 by $1.49. The business had revenue of $677.50 million for the quarter, compared to analyst estimates of $673.60 million. Check Point Software Technologies had a net margin of 37.62% and a return on equity of 37.91%. The firm’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.25 EPS. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS and its Q4 2025 guidance at 2.700-2.800 EPS. Analysts predict that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CHKP. UBS Group upped their price target on Check Point Software Technologies from $210.00 to $215.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. JPMorgan Chase & Co. dropped their target price on shares of Check Point Software Technologies from $257.00 to $251.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $220.00 target price on shares of Check Point Software Technologies in a research note on Wednesday, October 22nd. Morgan Stanley set a $212.00 price target on shares of Check Point Software Technologies in a research report on Wednesday, October 29th. Finally, Roth Capital restated a “neutral” rating on shares of Check Point Software Technologies in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $230.91.

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).