Hsbc Holdings PLC Buys 25,105 Shares of Check Point Software Technologies Ltd. $CHKP

Hsbc Holdings PLC raised its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 56.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,340 shares of the technology company’s stock after acquiring an additional 25,105 shares during the quarter. Hsbc Holdings PLC’s holdings in Check Point Software Technologies were worth $12,902,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Check Point Software Technologies in the fourth quarter valued at approximately $1,924,000. DGS Capital Management LLC grew its holdings in Check Point Software Technologies by 3.0% during the fourth quarter. DGS Capital Management LLC now owns 12,107 shares of the technology company’s stock valued at $2,247,000 after purchasing an additional 357 shares during the period. Pacer Advisors Inc. increased its position in Check Point Software Technologies by 69.8% in the fourth quarter. Pacer Advisors Inc. now owns 11,520 shares of the technology company’s stock worth $2,138,000 after buying an additional 4,737 shares during the last quarter. MV Capital Management Inc. purchased a new stake in Check Point Software Technologies in the fourth quarter worth $28,000. Finally, Framtiden Holdings Management Co LLC bought a new stake in shares of Check Point Software Technologies in the fourth quarter valued at $12,061,000. 98.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CHKP has been the topic of a number of recent research reports. TD Cowen set a $180.00 price target on Check Point Software Technologies in a research report on Thursday, April 30th. UBS Group lowered their price objective on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Stifel Nicolaus set a $120.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Royal Bank Of Canada dropped their price objective on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. reduced their target price on shares of Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Eight analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Check Point Software Technologies currently has a consensus rating of “Hold” and an average price target of $146.50.

Check Point Software Technologies Stock Down 1.5%

Shares of NASDAQ CHKP opened at $122.84 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. The company has a market cap of $12.97 billion, a P/E ratio of 12.61, a P/E/G ratio of 3.68 and a beta of 0.49. Check Point Software Technologies Ltd. has a 52 week low of $112.23 and a 52 week high of $232.07. The business has a 50-day simple moving average of $128.15 and a two-hundred day simple moving average of $155.08.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results 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. 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 for the quarter, compared to analysts’ expectations of $672.55 million. During the same period in the prior year, the business posted $2.21 earnings per share. The company’s revenue 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. Research analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the sale, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 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).