Check Point Software Technologies Ltd. $CHKP Stock: HF Advisory Group LLC Reduces Stake

HF Advisory Group LLC trimmed its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 48.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,322 shares of the technology company’s stock after selling 4,021 shares during the period. HF Advisory Group LLC’s holdings in Check Point Software Technologies were worth $555,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of CHKP. Legacy Wealth Asset Management LLC grew its position in Check Point Software Technologies by 11.3% in the third quarter. Legacy Wealth Asset Management LLC now owns 18,800 shares of the technology company’s stock worth $2,413,000 after acquiring an additional 1,908 shares in the last quarter. Plan A Wealth LLC raised its position in Check Point Software Technologies by 20.1% during the third quarter. Plan A Wealth LLC now owns 2,075 shares of the technology company’s stock valued at $266,000 after purchasing an additional 347 shares in the last quarter. Junto Capital Management LP purchased a new stake in Check Point Software Technologies during the second quarter valued at about $72,445,000. National Pension Service lifted its stake in Check Point Software Technologies by 114.8% during the second quarter. National Pension Service now owns 15,468 shares of the technology company’s stock worth $2,033,000 after purchasing an additional 8,268 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new stake in Check Point Software Technologies during the second quarter worth about $302,000. 98.51% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CRO Sherif Seddik sold 10,272 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the transaction, the executive directly owned 24,675 shares of the company’s stock, valued at approximately $3,049,583.25. This represents a 29.39% decrease in their ownership of the stock. The sale 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. Insiders own 29.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on CHKP. Scotiabank upgraded Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price objective on the stock in a research report on Monday, July 6th. Wedbush lowered Check Point Software Technologies from an “outperform” rating to a “neutral” rating and set a $135.00 target price for the company. in a research note on Thursday, September 10th. Susquehanna increased their price target on shares of Check Point Software Technologies from $140.00 to $150.00 and gave the company a “positive” rating in a research report on Friday, July 31st. Compass Point set a $135.00 price target on shares of Check Point Software Technologies in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. cut shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 price objective for the company. in a research note on Monday, July 27th. Eight investment analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Check Point Software Technologies presently has an average rating of “Hold” and an average price target of $148.74.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP opened at $137.18 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67. Check Point Software Technologies Ltd. has a fifty-two week low of $112.23 and a fifty-two week high of $210.66. The firm has a market cap of $14.01 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 3.85 and a beta of 0.48. The business has a 50 day moving average price of $132.27 and a 200-day moving average price of $132.44.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, beating 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 was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business posted $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. Equities research analysts predict that Check Point Software Technologies Ltd. will post 8.45 earnings per share for the current year.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. is a cybersecurity company that develops solutions designed to protect networks, cloud environments, endpoints, mobile devices, and email systems from cyber threats. Its offerings help organizations prevent malware, ransomware, phishing, unauthorized access, and other security risks across increasingly distributed information technology environments.

The company’s product portfolio includes network security appliances and software, cloud security platforms, endpoint protection, mobile security, email and collaboration security, security management tools, and threat intelligence services.