Janney Montgomery Scott LLC Decreases Position in Check Point Software Technologies Ltd. $CHKP

Janney Montgomery Scott LLC decreased its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 8.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 72,127 shares of the technology company’s stock after selling 6,703 shares during the quarter. Janney Montgomery Scott LLC owned about 0.07% of Check Point Software Technologies worth $10,303,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC purchased a new position in Check Point Software Technologies during the third quarter worth $27,000. Abound Financial LLC bought a new stake in shares of Check Point Software Technologies in the 4th quarter worth about $27,000. MV Capital Management Inc. bought a new stake in shares of Check Point Software Technologies in the 4th quarter worth about $28,000. Ossiam boosted its stake in shares of Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 96 shares during the period. Finally, Sunbelt Securities Inc. purchased a new position in shares of Check Point Software Technologies during the 3rd quarter worth about $38,000. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

Shares of NASDAQ:CHKP opened at $136.58 on Friday. The firm’s 50 day simple moving average is $127.64 and its 200-day simple moving average is $152.88. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $232.07. The firm has a market cap of $14.42 billion, a PE ratio of 14.02, a price-to-earnings-growth ratio of 3.96 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.Check Point Software Technologies’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.21 earnings per share. 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. As a group, equities analysts predict that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Insider Buying and Selling at Check Point Software Technologies

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director directly owned 4,008 shares in the company, valued at $562,242.24. This represents a 86.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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.

Analyst Ratings Changes

CHKP has been the topic of a number of recent analyst reports. Bank of America lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a research report on Monday, May 4th. Scotiabank cut their target price on Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating on the stock in a research note on Friday, May 1st. Guggenheim upgraded Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 price target on the stock in a report on Wednesday. Truist Financial set a $150.00 price target on Check Point Software Technologies in a research note on Thursday, April 30th. Finally, Stephens restated an “overweight” rating and set a $145.00 price objective on shares of Check Point Software Technologies in a report on Thursday, April 30th. Nine equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and a consensus target price of $148.04.

Check Point Software Technologies Company 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).