Check Point Software Technologies Ltd. $CHKP Position Trimmed by Janus Henderson Group PLC

Key Points

• Janus Henderson Group cut its Check Point Software Technologies stake by 75% in the first quarter, selling 38,275 shares and retaining 12,779 shares valued at approximately $1.83 million. Institutional investors collectively own 98.51% of the company.
• Analysts have a consensus “Hold” rating on CHKP, with a consensus price target of $149.67; recent target changes ranged from $130 to $135, while BMO maintained an “outperform” rating.
• Check Point’s latest quarterly results beat earnings expectations, reporting $2.55 in EPS versus the $2.45 consensus, although revenue of $673.6 million slightly missed estimates and rose 1.3% year over year.

Janus Henderson Group PLC decreased its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 75.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,779 shares of the technology company's stock after selling 38,275 shares during the quarter. Janus Henderson Group PLC's holdings in Check Point Software Technologies were worth $1,825,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. AQR Capital Management LLC acquired a new position in shares of Check Point Software Technologies in the 1st quarter worth $262,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Check Point Software Technologies by 24.3% during the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company's stock valued at $132,000 after purchasing an additional 117 shares during the last quarter. Squarepoint Ops LLC boosted its position in shares of Check Point Software Technologies by 20.9% in the 2nd quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company's stock valued at $5,855,000 after purchasing an additional 4,577 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Check Point Software Technologies by 6.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company's stock valued at $8,018,000 after purchasing an additional 2,198 shares during the period. Finally, Diversify Advisory Services LLC increased its stake in Check Point Software Technologies by 17.3% in the 2nd quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company's stock worth $476,000 after purchasing an additional 317 shares in the last quarter. Institutional investors own 98.51% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on CHKP shares. Weiss Ratings raised shares of Check Point Software Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday. Royal Bank Of Canada dropped their target price on shares of Check Point Software Technologies from $157.00 to $135.00 and set a "sector perform" rating on the stock in a research report on Friday, May 1st. BMO Capital Markets reduced their price target on shares of Check Point Software Technologies from $210.00 to $135.00 and set an "outperform" rating for the company in a research report on Monday, May 4th. Citigroup raised their price objective on shares of Check Point Software Technologies from $125.00 to $130.00 and gave the stock a "neutral" rating in a research note on Monday, August 3rd. Finally, Mizuho set a $135.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Nine research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $149.67.

Check Point Software Technologies Price Performance

Shares of NASDAQ:CHKP opened at $127.82 on Monday. 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 Ltd. has a 1 year low of $112.23 and a 1 year high of $210.66. The business has a fifty day simple moving average of $130.42 and a 200 day simple moving average of $142.74. The firm has a market cap of $13.05 billion, a price-to-earnings ratio of 13.08, a P/E/G ratio of 4.75 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last issued its 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. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%.The firm had revenue of $673.60 million for the quarter, compared to the consensus estimate of $675.45 million. During the same quarter in the previous year, the company posted $2.37 earnings per share. The business's quarterly revenue was up 1.3% compared to the same quarter last year. 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, sell-side analysts predict that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Insider Activity at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 2nd. The shares were 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 of the company's stock, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sherif Seddik sold 10,272 shares of Check Point Software Technologies stock in a transaction that occurred on 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 sale, the executive owned 24,675 shares of the company's stock, valued at $3,049,583.25. This trade represents a 29.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% 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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