MQS Management LLC Makes New $296,000 Investment in Check Point Software Technologies Ltd. $CHKP

MQS Management LLC purchased a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,340 shares of the technology company’s stock, valued at approximately $296,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CHKP. Horizon Investments LLC increased its holdings in Check Point Software Technologies by 116.4% in the 1st quarter. Horizon Investments LLC now owns 158 shares of the technology company’s stock worth $36,000 after purchasing an additional 85 shares in the last quarter. Cromwell Holdings LLC acquired a new position in Check Point Software Technologies in the 1st quarter worth about $37,000. Abound Financial LLC acquired a new position in Check Point Software Technologies in the 1st quarter worth about $40,000. TruNorth Capital Management LLC acquired a new position in Check Point Software Technologies in the 1st quarter worth about $45,000. Finally, Summit Securities Group LLC acquired a new position in Check Point Software Technologies in the 1st quarter worth about $49,000. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Trading Down 0.1%

Shares of Check Point Software Technologies stock opened at $191.72 on Tuesday. The business has a 50-day moving average price of $195.71 and a two-hundred day moving average price of $208.40. Check Point Software Technologies Ltd. has a 1-year low of $169.01 and a 1-year high of $234.35. The company has a market cap of $21.09 billion, a P/E ratio of 24.96, a PEG ratio of 2.89 and a beta of 0.60.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Check Point Software Technologies had a return on equity of 33.21% and a net margin of 32.48%.The firm had revenue of $665.20 million during the quarter, compared to the consensus estimate of $663.10 million. During the same period last year, the business posted $2.17 EPS. The business’s revenue was up 6.0% compared to the same quarter last year. 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. Equities research analysts forecast that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Royal Bank Of Canada lowered their target price on Check Point Software Technologies from $224.00 to $207.00 and set a “sector perform” rating for the company in a report on Thursday, July 31st. Stifel Nicolaus set a $200.00 price objective on Check Point Software Technologies in a report on Wednesday, July 30th. Cantor Fitzgerald restated a “neutral” rating and issued a $220.00 price objective on shares of Check Point Software Technologies in a report on Wednesday, October 22nd. Jefferies Financial Group decreased their price objective on Check Point Software Technologies from $260.00 to $230.00 and set a “buy” rating for the company in a report on Thursday, July 31st. Finally, Citigroup decreased their price objective on Check Point Software Technologies from $230.00 to $200.00 and set a “neutral” rating for the company in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $227.00.

Check Point Software Technologies Company 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.