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

Key Points

• Check Point CRO Sherif Seddik sold 10,272 shares for approximately $1.27 million under a pre-arranged Rule 10b5-1 trading plan, reducing his direct holdings by 29.39% to 24,675 shares.
• The company’s latest quarterly results exceeded expectations on earnings, with EPS of $2.55 versus the $2.45 consensus, while revenue rose 1.3% year over year to $673.6 million but fell slightly short of estimates.
• Analyst sentiment remains mixed: nine analysts rate the stock a Buy, 18 rate it a Hold, and one rates it a Sell, producing a consensus Hold rating and a $149.67 target price.

Check Point Software Technologies Ltd. (NASDAQ:CHKP - Get Free Report) CRO Sherif Seddik sold 10,272 shares of the firm'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 transaction, the executive directly owned 24,675 shares in the company, valued at approximately $3,049,583.25. The trade was a 29.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Check Point Software Technologies Trading Up 1.2%

Shares of NASDAQ:CHKP opened at $125.35 on Thursday. The company has a 50 day moving average of $130.69 and a 200-day moving average of $143.57. The firm has a market cap of $12.80 billion, a P/E ratio of 12.83, a P/E/G ratio of 4.61 and a beta of 0.49. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $210.66. 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 (NASDAQ:CHKP - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $673.60 million for 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 business's revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the business earned $2.37 earnings per share. 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, analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on CHKP shares. Stephens restated an "overweight" rating and issued a $145.00 price objective on shares of Check Point Software Technologies in a report on Thursday, April 30th. Roth Capital set a $105.00 price target on shares of Check Point Software Technologies in a report on Friday, July 31st. Raymond James Financial lowered shares of Check Point Software Technologies from an "outperform" rating to a "market perform" rating in a research report on Wednesday, July 15th. Susquehanna boosted their target price on shares of Check Point Software Technologies from $140.00 to $150.00 and gave the stock a "positive" rating in a report on Friday, July 31st. Finally, Guggenheim upgraded Check Point Software Technologies from a "neutral" rating to a "buy" rating and set a $188.00 price objective for the company in a research report on Wednesday, July 1st. Nine investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $149.67.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA grew its holdings in shares of 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 valued at $1,472,832,000 after acquiring an additional 1,766,774 shares in the last quarter. Norges Bank purchased a new position in Check Point Software Technologies in the fourth quarter valued at about $731,276,000. First Trust Advisors LP increased its position in 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 worth $492,588,000 after purchasing an additional 157,327 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Check Point Software Technologies by 9.3% during 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 in the last quarter. Finally, DNB Asset Management AS lifted its holdings in shares of Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company's stock valued at $337,782,000 after buying an additional 932,485 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company's stock.

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).

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