Check Point Software Technologies Ltd. $CHKP Stock Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC lessened its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 66.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 5,899 shares of the technology company’s stock after selling 11,524 shares during the period. Quadrant Capital Group LLC’s holdings in Check Point Software Technologies were worth $796,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. JNBA Financial Advisors lifted its holdings in shares of Check Point Software Technologies by 90.0% during the second quarter. JNBA Financial Advisors now owns 190 shares of the technology company’s stock valued at $25,000 after purchasing an additional 90 shares during the last quarter. Ascentis Independent Advisors acquired a new position in shares of Check Point Software Technologies in the 1st quarter valued at $30,000. Elevation Wealth Partners LLC boosted its position in shares of Check Point Software Technologies by 42.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock valued at $33,000 after purchasing an additional 76 shares during the period. Western Wealth Management LLC acquired a new position in shares of Check Point Software Technologies in the 1st quarter valued at $33,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in Check Point Software Technologies in the 1st quarter worth about $36,000. 98.51% of the stock is owned by institutional investors.

Check Point Software Technologies Price Performance

Shares of CHKP opened at $159.03 on Friday. The company has a market capitalization of $16.24 billion, a price-to-earnings ratio of 16.28, a P/E/G ratio of 4.55 and a beta of 0.48. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $210.66. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.67 and a quick ratio of 1.67. The business’s 50-day moving average is $134.92 and its 200-day moving average is $132.21.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping the consensus estimate 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 business had revenue of $673.60 million during the quarter, compared to analysts’ expectations of $675.45 million. During the same period last year, the company posted $2.37 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that Check Point Software Technologies Ltd. will post 8.45 EPS 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 the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total value of $1,269,516.48. Following the transaction, the executive directly owned 24,675 shares of the company’s stock, valued at approximately $3,049,583.25. This represents a 29.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup boosted their price objective on Check Point Software Technologies from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Yorkville Ives started coverage on shares of Check Point Software Technologies in a research report on Wednesday, October 7th. They issued an “outperform” rating and a $150.00 target price on the stock. Raymond James Financial lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of Check Point Software Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday. Finally, Wedbush downgraded shares of Check Point Software Technologies from an “outperform” rating to a “neutral” rating and set a $135.00 target price on the stock. in a research note on Thursday, September 10th. Nine equities research analysts have rated the stock with a Buy rating and nineteen have assigned a Hold rating to the company. According to MarketBeat.com, Check Point Software Technologies has an average rating of “Hold” and a consensus price target of $149.50.

About Check Point Software Technologies

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.

The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.