Legal & General Group Plc Purchases 63,933 Shares of Check Point Software Technologies Ltd. $CHKP

Legal & General Group Plc increased its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,426,081 shares of the technology company’s stock after purchasing an additional 63,933 shares during the period. Legal & General Group Plc owned about 1.30% of Check Point Software Technologies worth $264,624,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Check Point Software Technologies during the third quarter valued at approximately $27,000. Ossiam increased its position in shares of Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 96 shares during the period. Sunbelt Securities Inc. bought a new stake in Check Point Software Technologies in the third quarter valued at $38,000. Hilltop National Bank bought a new stake in Check Point Software Technologies in the fourth quarter valued at $36,000. Finally, LRI Investments LLC grew its position in Check Point Software Technologies by 100.9% in the fourth quarter. LRI Investments LLC now owns 215 shares of the technology company’s stock valued at $40,000 after acquiring an additional 108 shares during the period. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Stock Performance

Shares of NASDAQ:CHKP opened at $131.08 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 3.94 and a beta of 0.43. The business’s fifty day moving average price is $136.04 and its two-hundred day moving average price is $165.00. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $233.78.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The company had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous 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, analysts predict that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Truist Financial set a $150.00 price target on Check Point Software Technologies in a research report on Thursday, April 30th. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research report on Monday, May 4th. Wells Fargo & Company lowered their price target on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Friday, May 1st. TD Cowen set a $180.00 price target on Check Point Software Technologies in a research report on Thursday, April 30th. Finally, Morgan Stanley set a $133.00 price target on Check Point Software Technologies in a research report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average 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).