Check Point Software Technologies (NASDAQ:CHKP) CRO Sells 10,272 Shares

Check Point Software Technologies Ltd. (NASDAQ:CHKP) CRO Sherif Seddik sold 10,272 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the transaction, the executive owned 24,675 shares in the company, valued at approximately $3,049,583.25. This trade represents a 29.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Stock Up 1.2%

CHKP stock opened at $125.35 on Thursday. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.72. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $210.66. The company has a fifty day simple moving average of $130.69 and a 200 day simple moving average of $143.57. The firm has a market cap of $12.80 billion, a PE ratio of 12.83, a PEG ratio of 4.61 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.45 by $0.10. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The firm had revenue of $673.60 million for the quarter, compared to the consensus estimate of $675.45 million. During the same period in the prior year, the business posted $2.37 earnings per share. The business’s quarterly revenue was up 1.3% on a year-over-year basis. 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. Sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on CHKP. Bank of America increased their price target on Check Point Software Technologies from $120.00 to $140.00 and gave the company a “neutral” rating in a report on Monday, July 27th. UBS Group boosted their price objective on shares of Check Point Software Technologies from $130.00 to $135.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Barclays decreased their price objective on shares of Check Point Software Technologies from $145.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. Morgan Stanley set a $133.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Finally, Wedbush cut their target price on shares of Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Nine investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $149.67.

Institutional Investors Weigh In On Check Point Software Technologies

Several hedge funds have recently modified their holdings of CHKP. Abound Financial LLC bought a new position in Check Point Software Technologies during the fourth quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new stake in Check Point Software Technologies in the 3rd quarter valued at $27,000. MV Capital Management Inc. acquired a new stake in Check Point Software Technologies in the 4th quarter worth $28,000. Ascentis Independent Advisors acquired a new stake in Check Point Software Technologies in the 1st quarter worth $30,000. Finally, Elevation Wealth Partners LLC increased its holdings in shares of Check Point Software Technologies by 42.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock worth $33,000 after purchasing an additional 76 shares during the period. 98.51% of the stock is owned by institutional investors.

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).