Check Point Software Technologies (NASDAQ:CHKP) CRO Sherif Seddik Sells 10,272 Shares of Stock

Check Point Software Technologies Ltd. (NASDAQ:CHKP) CRO Sherif Seddik sold 10,272 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the transaction, the executive owned 24,675 shares in the company, valued at $3,049,583.25. This trade represents a 29.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Price Performance

Shares of Check Point Software Technologies stock opened at $125.28 on Friday. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $210.66. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72. The company has a 50-day simple moving average of $130.57 and a two-hundred day simple moving average of $143.14. The stock has a market capitalization of $12.79 billion, a price-to-earnings ratio of 12.82, a price-to-earnings-growth ratio of 4.66 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.10. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The firm had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. During the same quarter in the previous year, the firm posted $2.37 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. 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. Analysts forecast that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Analyst Ratings Changes

CHKP has been the topic of a number of analyst reports. TD Cowen reissued a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, July 30th. JPMorgan Chase & Co. cut Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 price objective for the company. in a report on Monday, July 27th. Mizuho set a $135.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Compass Point set a $135.00 target price on Check Point Software Technologies in a report on Monday, July 27th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $150.00 target price on shares of Check Point Software Technologies in a report on Thursday, July 23rd. Nine investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Check Point Software Technologies currently has a consensus rating of “Hold” and an average price target of $149.67.

Institutional Investors Weigh In On Check Point Software Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kentucky Trust Co boosted its holdings in shares of Check Point Software Technologies by 9.3% in the 2nd quarter. Kentucky Trust Co now owns 2,340 shares of the technology company’s stock valued at $308,000 after purchasing an additional 200 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in shares of Check Point Software Technologies by 18.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 28,156 shares of the technology company’s stock worth $3,701,000 after buying an additional 4,462 shares in the last quarter. Legacy Wealth Asset Management LLC lifted its position in shares of Check Point Software Technologies by 250.9% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 16,892 shares of the technology company’s stock worth $2,220,000 after buying an additional 12,078 shares during the last quarter. Franklin Parlapiano Turner & Welch LLC lifted its position in shares of Check Point Software Technologies by 10.6% during the 2nd quarter. Franklin Parlapiano Turner & Welch LLC now owns 44,816 shares of the technology company’s stock worth $5,890,000 after buying an additional 4,306 shares during the last quarter. Finally, HF Advisory Group LLC boosted its stake in Check Point Software Technologies by 26.9% in the second quarter. HF Advisory Group LLC now owns 8,343 shares of the technology company’s stock valued at $1,097,000 after buying an additional 1,768 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors.

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).