Assetmark Inc. Acquires 44,366 Shares of Check Point Software Technologies Ltd. $CHKP

Key Points

• Assetmark Inc. increased its stake in Check Point by 26.3%, adding 44,366 shares to hold 212,965 shares (about 0.19% of the company) valued at roughly $39.5 million at quarter-end.
• Check Point beat EPS estimates with $3.40 vs. $2.77 expected while revenue was roughly in line at $744.9 million, and the company set Q1 2026 guidance of 2.350–2.450 EPS and FY2026 guidance of 10.050–10.850 EPS.
• Shares are down 5.2% and trading near their 1‑year low, and analysts have a consensus rating of Hold with an average price target of $203.91.

Assetmark Inc. increased its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 26.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 212,965 shares of the technology company's stock after acquiring an additional 44,366 shares during the period. Assetmark Inc. owned about 0.19% of Check Point Software Technologies worth $39,518,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its position 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 valued at $1,472,832,000 after purchasing an additional 1,766,774 shares in the last quarter. Ninety One UK Ltd raised its position in Check Point Software Technologies by 0.3% during the 3rd quarter. Ninety One UK Ltd now owns 2,601,592 shares of the technology company's stock valued at $538,295,000 after purchasing an additional 8,814 shares in the last quarter. First Trust Advisors LP raised its position in Check Point Software Technologies by 31.4% during the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company's stock valued at $516,711,000 after purchasing an additional 597,413 shares in the last quarter. Ameriprise Financial Inc. raised its position in Check Point Software Technologies by 8.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company's stock valued at $449,274,000 after purchasing an additional 170,075 shares in the last quarter. Finally, Legal & General Group Plc raised its position in Check Point Software Technologies by 5.8% during the 3rd quarter. Legal & General Group Plc now owns 1,362,148 shares of the technology company's stock valued at $281,842,000 after purchasing an additional 75,056 shares in the last quarter. 98.51% of the stock is owned by institutional investors.

Check Point Software Technologies Stock Down 5.2%

Shares of CHKP stock opened at $134.78 on Wednesday. The stock's fifty day moving average price is $155.76 and its 200 day moving average price is $178.56. Check Point Software Technologies Ltd. has a 1-year low of $134.38 and a 1-year high of $233.78. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 2.05. The company has a market cap of $14.23 billion, a price-to-earnings ratio of 13.98, a price-to-earnings-growth ratio of 3.14 and a beta of 0.65.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 EPS for the quarter, topping analysts' consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million during the quarter, compared to analysts' expectations of $746.40 million. During the same quarter in the previous year, the firm posted $2.70 EPS. The firm's revenue was up 5.9% compared to the same quarter last year. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. On average, research analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CHKP has been the topic of a number of analyst reports. Royal Bank Of Canada cut their price target on Check Point Software Technologies from $215.00 to $195.00 and set a "sector perform" rating on the stock in a report on Monday, January 5th. Citigroup downgraded Check Point Software Technologies from a "neutral" rating to a "negative" rating in a report on Tuesday. Weiss Ratings downgraded Check Point Software Technologies from a "buy (b-)" rating to a "hold (c-)" rating in a report on Wednesday, April 1st. KeyCorp upgraded Check Point Software Technologies to a "hold" rating in a report on Monday, January 12th. Finally, Argus upgraded Check Point Software Technologies to a "hold" rating in a report on Thursday, February 26th. Seven analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $203.91.

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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