Westport Asset Management Inc. Takes $4.25 Million Position in Check Point Software Technologies Ltd. $CHKP

Westport Asset Management Inc. bought a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 32,300 shares of the technology company’s stock, valued at approximately $4,245,000. Check Point Software Technologies accounts for about 1.7% of Westport Asset Management Inc.’s holdings, making the stock its 20th biggest holding.

Several other institutional investors also recently modified their holdings of CHKP. Measured Wealth Private Client Group LLC purchased a new position in Check Point Software Technologies during the 3rd quarter valued at about $27,000. Abound Financial LLC purchased a new stake in Check Point Software Technologies in the fourth quarter worth about $27,000. MV Capital Management Inc. bought a new position in shares of Check Point Software Technologies during the fourth quarter valued at approximately $28,000. Ossiam increased its stake 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 in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Check Point Software Technologies during the third quarter valued at approximately $38,000. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Price Performance

Shares of CHKP opened at $132.35 on Thursday. The company has a market capitalization of $13.51 billion, a P/E ratio of 13.55, a price-to-earnings-growth ratio of 4.84 and a beta of 0.49. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72. The firm has a 50 day moving average of $129.94 and a 200 day moving average of $139.97. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $210.66.

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

Analysts Set New Price Targets

A number of research firms recently weighed in on CHKP. Piper Sandler lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research report on Thursday, April 30th. Royal Bank Of Canada dropped their target price on 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. Mizuho set a $135.00 target price on Check Point Software Technologies in a research note on Friday, May 1st. Barclays cut their target price on Check Point Software Technologies from $145.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Friday, July 31st. Finally, TD Cowen reaffirmed a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, July 30th. Nine equities research analysts have rated the stock with a Buy rating and nineteen have assigned a Hold rating to the company. According to data from MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and a consensus price target of $149.67.

Insiders Place Their Bets

In other news, CRO Sherif Seddik sold 10,272 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total value of $1,269,516.48. Following the completion of the transaction, the executive owned 24,675 shares in the company, valued at $3,049,583.25. The trade was a 29.39% 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. Also, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction on 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. This represents a 86.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.

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).