Swedbank AB Sells 5,300 Shares of Check Point Software Technologies Ltd. $CHKP

Swedbank AB cut its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 454,160 shares of the technology company’s stock after selling 5,300 shares during the period. Swedbank AB owned 0.41% of Check Point Software Technologies worth $84,274,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its holdings in shares of Check Point Software Technologies by 28.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after buying an additional 1,766,774 shares during the last quarter. First Trust Advisors LP boosted its stake in Check Point Software Technologies by 31.4% during the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock valued at $516,711,000 after purchasing an additional 597,413 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Check Point Software Technologies by 8.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock worth $449,274,000 after purchasing an additional 170,075 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Check Point Software Technologies by 5.8% in the third quarter. Legal & General Group Plc now owns 1,362,148 shares of the technology company’s stock worth $281,842,000 after purchasing an additional 75,056 shares during the last quarter. Finally, WGI DM LLC raised its stake in shares of Check Point Software Technologies by 7.9% in the third quarter. WGI DM LLC now owns 1,304,930 shares of the technology company’s stock worth $270,003,000 after purchasing an additional 95,504 shares during the last quarter. 98.51% of the stock is owned by institutional investors.

Check Point Software Technologies Stock Performance

CHKP stock opened at $114.27 on Thursday. The company has a quick ratio of 2.05, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. The firm has a market cap of $12.07 billion, a PE ratio of 11.73, a P/E/G ratio of 3.43 and a beta of 0.43. The business has a 50 day moving average of $145.30 and a 200-day moving average of $172.03. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $233.78.

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, beating analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. During the same quarter in the prior year, the company earned $2.21 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. 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, sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.55 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on CHKP. Wedbush cut their target price on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Robert W. Baird set a $220.00 price target on Check Point Software Technologies in a research report on Friday, February 13th. Cantor Fitzgerald dropped their price objective on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Morgan Stanley set a $133.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Finally, Susquehanna reduced their target price on shares of Check Point Software Technologies from $255.00 to $140.00 and set a “positive” rating for the company in a research note on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $146.50.

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).