47,456 Shares in Check Point Software Technologies Ltd. $CHKP Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKPFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 47,456 shares of the technology company’s stock, valued at approximately $6,237,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Horizon Investments LLC increased its position in shares of Check Point Software Technologies by 28.9% during the third quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock valued at $50,000 after buying an additional 54 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in Check Point Software Technologies by 9.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 745 shares of the technology company’s stock worth $138,000 after buying an additional 64 shares during the period. Elevation Wealth Partners LLC boosted its position in Check Point Software Technologies by 42.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock valued at $33,000 after acquiring an additional 76 shares in the last quarter. Advisory Services Network LLC boosted its position in Check Point Software Technologies by 1.5% during the 4th quarter. Advisory Services Network LLC now owns 5,109 shares of the technology company’s stock valued at $948,000 after acquiring an additional 76 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of Check Point Software Technologies by 18.2% during the 4th quarter. Fifth Third Bancorp now owns 525 shares of the technology company’s stock worth $97,000 after acquiring an additional 81 shares during the period. Institutional investors own 98.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CHKP shares. UBS Group increased their target price on Check Point Software Technologies from $130.00 to $135.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Raymond James Financial cut Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Wells Fargo & Company decreased their price objective on Check Point Software Technologies from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. Scotiabank raised Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price objective for the company in a research report on Monday, July 6th. Finally, JPMorgan Chase & Co. cut shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 target price on the stock. in a report on Monday, July 27th. Nine equities research analysts have rated the stock with a Buy rating and eighteen have assigned a Hold rating to the stock. Based on data from MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and an average target price of $149.67.

Read Our Latest Stock Analysis on CHKP

Check Point Software Technologies Stock Performance

Shares of CHKP opened at $134.47 on Wednesday. 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 stock has a market cap of $13.73 billion, a P/E ratio of 13.76, a P/E/G ratio of 3.97 and a beta of 0.50. The business’s 50 day moving average price is $131.77 and its 200-day moving average price is $137.07. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $210.66.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.10. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%.The company had revenue of $673.60 million during the quarter, compared to analyst estimates of $675.45 million. During the same quarter last year, the company earned $2.37 EPS. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. 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. Equities research analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Insider Buying and Selling at Check Point Software Technologies

In other news, CRO Sherif Seddik sold 10,272 shares of Check Point Software Technologies stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total value of $1,269,516.48. Following the completion of the transaction, the executive owned 24,675 shares of the company’s stock, valued at $3,049,583.25. The trade was a 29.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by insiders.

Check Point Software Technologies Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Check Point Software Technologies (NASDAQ:CHKP)

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