Illinois Municipal Retirement Fund Has $6.06 Million Stake in Check Point Software Technologies Ltd. $CHKP

Illinois Municipal Retirement Fund trimmed its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 10.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,444 shares of the technology company’s stock after selling 4,872 shares during the period. Illinois Municipal Retirement Fund’s holdings in Check Point Software Technologies were worth $6,063,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of CHKP. Massachusetts Financial Services Co. MA grew its holdings in Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after acquiring an additional 1,766,774 shares during the period. Norges Bank acquired a new position in shares of Check Point Software Technologies in the 4th quarter valued at $731,276,000. First Trust Advisors LP lifted its stake in shares of Check Point Software Technologies by 6.3% in the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock valued at $492,588,000 after purchasing an additional 157,327 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Check Point Software Technologies by 9.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company’s stock worth $442,733,000 after purchasing an additional 170,373 shares during the last quarter. Finally, DNB Asset Management AS grew its stake in shares of Check Point Software Technologies by 105.0% during the fourth quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after purchasing an additional 932,485 shares during the period. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Check Point Software Technologies Stock Performance

Shares of Check Point Software Technologies stock opened at $137.10 on Friday. The company has a market capitalization of $14.48 billion, a PE ratio of 14.08, a PEG ratio of 4.03 and a beta of 0.49. Check Point Software Technologies Ltd. has a 12 month low of $112.23 and a 12 month high of $225.23. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. The stock’s fifty day simple moving average is $129.55 and its 200 day simple moving average is $149.12.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping 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 analyst estimates of $672.55 million. During the same period in the previous year, the company posted $2.21 earnings per share. The company’s revenue for the quarter 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. On average, research analysts predict that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Insider Buying and Selling at Check Point Software Technologies

In other news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director owned 4,008 shares in the company, valued at $562,242.24. The trade was a 86.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CHKP shares. Roth Capital set a $160.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Wedbush decreased their target price on 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. Truist Financial set a $150.00 price target on Check Point Software Technologies in a research note on Thursday, April 30th. Compass Point set a $120.00 price target on shares of Check Point Software Technologies in a research report on Monday, May 4th. Finally, Wells Fargo & Company reduced their price objective on shares of Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Ten 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. According to MarketBeat, Check Point Software Technologies presently has an average rating of “Hold” and an average target price of $150.70.

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).