VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $25.75 Million Investment in Check Point Software Technologies Ltd. $CHKP

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 195,937 shares of the technology company’s stock, valued at approximately $25,752,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.19% of Check Point Software Technologies at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. California State Teachers Retirement System grew its holdings in shares of Check Point Software Technologies by 12,154.2% during the second quarter. California State Teachers Retirement System now owns 12,142,686 shares of the technology company’s stock worth $1,595,913,000 after buying an additional 12,043,596 shares in the last quarter. Norges Bank bought a new stake in Check Point Software Technologies in the 4th quarter valued at approximately $731,276,000. First Trust Advisors LP lifted its stake in Check Point Software Technologies by 6.3% in the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock valued at $492,588,000 after acquiring an additional 157,327 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Check Point Software Technologies by 9.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company’s stock worth $442,733,000 after acquiring an additional 170,373 shares during the last quarter. Finally, DNB Asset Management AS boosted its position in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after acquiring an additional 932,485 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CHKP. Barclays lowered their price objective on shares of Check Point Software Technologies from $145.00 to $140.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. Guggenheim upgraded shares of Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 target price for the company in a report on Wednesday, July 1st. JPMorgan Chase & Co. downgraded shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 target price for the company. in a research report on Monday, July 27th. Susquehanna lifted their price target on shares of Check Point Software Technologies from $140.00 to $150.00 and gave the company a “positive” rating in a research note on Friday, July 31st. Finally, Scotiabank raised shares of Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price target on the stock in a research report on Monday, July 6th. Nine investment analysts have rated the stock with a Buy rating and eighteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $149.67.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies 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 transaction of $1,269,516.48. Following the sale, 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 is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Check Point Software Technologies Price Performance

NASDAQ:CHKP opened at $137.05 on Tuesday. The firm has a market capitalization of $13.99 billion, a price-to-earnings ratio of 14.03, a price-to-earnings-growth ratio of 3.92 and a beta of 0.50. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $210.66. The stock’s 50 day moving average price is $132.55 and its two-hundred day moving average price is $136.17. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $675.45 million. During the same quarter in the prior year, the business posted $2.37 EPS. The business’s 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 8.46 earnings per share for the current fiscal year.

Check Point Software Technologies 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).