Callan Family Office LLC Invests $202,000 in Check Point Software Technologies Ltd. $CHKP

Callan Family Office LLC acquired a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the second quarter, according to its most recent filing with the SEC. The firm acquired 913 shares of the technology company’s stock, valued at approximately $202,000.

Other hedge funds have also recently bought and sold shares of the company. Ninety One UK Ltd boosted its position in shares of Check Point Software Technologies by 2.6% in the 2nd quarter. Ninety One UK Ltd now owns 2,592,778 shares of the technology company’s stock worth $573,652,000 after purchasing an additional 64,745 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Check Point Software Technologies by 28.1% in the 1st quarter. Ameriprise Financial Inc. now owns 1,830,874 shares of the technology company’s stock worth $417,280,000 after purchasing an additional 401,150 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Check Point Software Technologies by 2.8% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 1,687,393 shares of the technology company’s stock worth $384,591,000 after purchasing an additional 46,713 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Check Point Software Technologies by 43.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,483,714 shares of the technology company’s stock worth $338,168,000 after purchasing an additional 450,099 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Check Point Software Technologies by 2,704.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,304,551 shares of the technology company’s stock worth $297,333,000 after purchasing an additional 1,258,034 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Stock Performance

Check Point Software Technologies stock opened at $190.65 on Friday. Check Point Software Technologies Ltd. has a 52 week low of $169.01 and a 52 week high of $234.35. The stock has a market capitalization of $20.97 billion, a P/E ratio of 24.82, a PEG ratio of 2.83 and a beta of 0.60. The stock has a 50-day simple moving average of $194.73 and a 200 day simple moving average of $209.48.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. The company had revenue of $665.20 million during the quarter, compared to analysts’ expectations of $663.10 million. Check Point Software Technologies had a return on equity of 33.21% and a net margin of 32.48%.The business’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.17 earnings per share. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. Research analysts forecast that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current year.

Analysts Set New Price Targets

CHKP has been the topic of several recent research reports. Morgan Stanley reduced their price target on Check Point Software Technologies from $215.00 to $193.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 2nd. JPMorgan Chase & Co. reduced their target price on Check Point Software Technologies from $257.00 to $251.00 and set an “overweight” rating on the stock in a report on Wednesday, September 24th. Cantor Fitzgerald set a $220.00 target price on Check Point Software Technologies and gave the stock a “neutral” rating in a report on Thursday, July 31st. UBS Group reduced their target price on Check Point Software Technologies from $220.00 to $210.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Finally, Stephens reduced their target price on Check Point Software Technologies from $229.00 to $210.00 and set an “equal weight” rating on the stock in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seventeen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $227.00.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.