Rockefeller Capital Management L.P. Sells 90,388 Shares of Check Point Software Technologies Ltd. $CHKP

Rockefeller Capital Management L.P. trimmed its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 59.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,543 shares of the technology company’s stock after selling 90,388 shares during the period. Rockefeller Capital Management L.P.’s holdings in Check Point Software Technologies were worth $11,420,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bank of New Hampshire increased its stake in shares of Check Point Software Technologies by 35.8% during the 4th quarter. Bank of New Hampshire now owns 1,594 shares of the technology company’s stock worth $296,000 after purchasing an additional 420 shares during the last quarter. World Investment Advisors increased its position in Check Point Software Technologies by 38.4% during the fourth quarter. World Investment Advisors now owns 30,146 shares of the technology company’s stock worth $5,594,000 after buying an additional 8,370 shares during the last quarter. Hsbc Holdings PLC raised its stake in Check Point Software Technologies by 56.8% in the fourth quarter. Hsbc Holdings PLC now owns 69,340 shares of the technology company’s stock valued at $12,902,000 after buying an additional 25,105 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Check Point Software Technologies in the fourth quarter valued at approximately $1,924,000. Finally, DGS Capital Management LLC lifted its position in shares of Check Point Software Technologies by 3.0% in the fourth quarter. DGS Capital Management LLC now owns 12,107 shares of the technology company’s stock valued at $2,247,000 after buying an additional 357 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Trading Up 0.6%

Shares of NASDAQ:CHKP opened at $124.68 on Thursday. The business’s 50 day simple moving average is $128.39 and its 200 day simple moving average is $155.57. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $232.07. 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 company has a market capitalization of $13.17 billion, a P/E ratio of 12.80, a P/E/G ratio of 3.66 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 for the quarter, beating the consensus estimate of $2.42 by $0.08. The firm had revenue of $668.40 million during 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%.The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.21 EPS. 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. On average, research analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the transaction, the director owned 4,008 shares of the company’s stock, valued at $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wells Fargo & Company reduced their target price on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Susquehanna cut their price target on Check Point Software Technologies from $255.00 to $140.00 and set a “positive” rating for the company in a report on Friday, May 1st. Scotiabank cut their price target on Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating for the company in a report on Friday, May 1st. Roth Mkm set a $160.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Finally, Compass Point set a $120.00 price objective on shares of Check Point Software Technologies in a report on Monday, May 4th. Eight 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. Based on data from MarketBeat.com, Check Point Software Technologies has a consensus rating of “Hold” and an average target price of $146.50.

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).