Zurcher Kantonalbank Zurich Cantonalbank Has $12.93 Million Stock Position in Check Point Software Technologies Ltd. $CHKP

Zurcher Kantonalbank Zurich Cantonalbank decreased its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 5.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 69,662 shares of the technology company’s stock after selling 4,376 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Check Point Software Technologies were worth $12,926,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CHKP. AQR Capital Management LLC bought a new stake in Check Point Software Technologies in the 1st quarter valued at about $262,000. EverSource Wealth Advisors LLC raised its holdings in Check Point Software Technologies by 24.3% during the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock worth $132,000 after buying an additional 117 shares during the last quarter. Squarepoint Ops LLC lifted its stake in shares of Check Point Software Technologies by 20.9% in the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock valued at $5,855,000 after buying an additional 4,577 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Check Point Software Technologies by 6.5% during the second 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 in the last quarter. Finally, Diversify Advisory Services LLC boosted its stake 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 valued at $476,000 after purchasing an additional 317 shares during the last quarter. 98.51% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies Stock Down 5.5%

Shares of NASDAQ:CHKP opened at $133.82 on Friday. Check Point Software Technologies Ltd. has a 52-week low of $130.93 and a 52-week high of $233.78. The firm has a fifty day moving average of $150.28 and a 200 day moving average of $175.66. The firm has a market capitalization of $14.13 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 3.13 and a beta of 0.65. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.05 and a current ratio of 2.05.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.63. The company had revenue of $744.90 million during the quarter, compared to analyst estimates of $746.40 million. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.70 earnings per share. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, research analysts anticipate that Check Point Software Technologies Ltd. will post 8.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on CHKP shares. UBS Group set a $175.00 price target on Check Point Software Technologies in a research report on Tuesday. Wedbush decreased their price objective on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Citigroup lowered shares of Check Point Software Technologies from a “neutral” rating to a “negative” rating in a research report on Tuesday, April 14th. Weiss Ratings downgraded shares of Check Point Software Technologies from a “buy (b-)” rating to a “hold (c-)” rating in a report on Wednesday, April 1st. Finally, Barclays decreased their price objective on shares of Check Point Software Technologies from $195.00 to $165.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. Seven investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $201.59.

Check Point Software Technologies Company 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).