Inspire Investing LLC Boosts Position in Check Point Software Technologies Ltd. $CHKP

Inspire Investing LLC boosted its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 39.0% in the first quarter, HoldingsChannel.com reports. The firm owned 20,170 shares of the technology company’s stock after buying an additional 5,662 shares during the quarter. Inspire Investing LLC’s holdings in Check Point Software Technologies were worth $2,881,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ lifted its position in shares of Check Point Software Technologies by 3.8% during the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 19,000 shares of the technology company’s stock worth $2,714,000 after buying an additional 687 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings in shares of Check Point Software Technologies by 3.2% in the 1st quarter. Pictet Asset Management Holding SA now owns 763,045 shares of the technology company’s stock valued at $108,970,000 after buying an additional 23,569 shares in the last quarter. HF Advisory Group LLC grew its position in shares of Check Point Software Technologies by 68.7% in the 1st quarter. HF Advisory Group LLC now owns 6,575 shares of the technology company’s stock valued at $939,000 after buying an additional 2,677 shares during the last quarter. GHP Investment Advisors Inc. grew its position in shares of Check Point Software Technologies by 39.4% in the 1st quarter. GHP Investment Advisors Inc. now owns 9,776 shares of the technology company’s stock valued at $1,397,000 after buying an additional 2,761 shares during the last quarter. Finally, Meyer Handelman Co. raised its stake in Check Point Software Technologies by 22.7% during the 1st quarter. Meyer Handelman Co. now owns 74,092 shares of the technology company’s stock worth $10,584,000 after acquiring an additional 13,710 shares in the last quarter. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Check Point Software Technologies Stock Performance

NASDAQ CHKP opened at $128.75 on Tuesday. The firm has a market cap of $13.60 billion, a P/E ratio of 13.22, a P/E/G ratio of 3.84 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 $232.07. The business’s 50-day moving average price is $127.88 and its 200 day moving average price is $154.19. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. During the same period in the prior year, the business earned $2.21 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. On average, equities research analysts expect that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current year.

Wall Street Analyst Weigh In

CHKP has been the subject of a number of research reports. TD Cowen set a $180.00 price target on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Mizuho set a $135.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Roth Mkm set a $160.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Wedbush reduced their target price on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Finally, Stifel Nicolaus set a $120.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $146.50.

Insider Activity at Check Point Software Technologies

In other news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the sale, the director owned 4,008 shares in the company, valued at $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by company insiders.

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).