Check Point Software Technologies Ltd. $CHKP Shares Sold by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management trimmed its stake in Check Point by 7.9%, selling 63,118 shares and leaving it with 739,476 shares (about a 0.67% stake valued at ~$137.3M), while institutional investors still own roughly 98.51% of the stock.
• Q4 results beat expectations with EPS of $3.40 vs. $2.77 consensus and revenue of $744.9M (up 5.9% YoY), and the company issued FY2026 guidance of $10.05–$10.85 EPS.
• Analysts have trimmed price targets in recent months and the consensus rating is a "Hold" with an average target of $199.32, even as the stock trades around $138—below its 50‑day and 200‑day moving averages.

Pictet Asset Management Holding SA reduced its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 7.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 739,476 shares of the technology company's stock after selling 63,118 shares during the period. Pictet Asset Management Holding SA owned approximately 0.67% of Check Point Software Technologies worth $137,271,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CHKP. Massachusetts Financial Services Co. MA boosted its position in Check Point Software Technologies by 28.6% in the fourth 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 buying an additional 1,766,774 shares during 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 worth $516,711,000 after buying an additional 597,413 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Check Point Software Technologies during the 3rd quarter worth approximately $112,854,000. Capital World Investors acquired a new stake in Check Point Software Technologies during the 3rd quarter valued at approximately $80,084,000. Finally, Sound Shore Management Inc CT acquired a new stake in Check Point Software Technologies during the 3rd quarter valued at approximately $73,104,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Price Performance

NASDAQ:CHKP opened at $138.11 on Tuesday. The stock has a 50 day moving average of $148.86 and a two-hundred day moving average of $174.42. Check Point Software Technologies Ltd. has a 12 month low of $130.93 and a 12 month high of $233.78. The firm has a market cap of $14.58 billion, a P/E ratio of 14.33, a price-to-earnings-growth ratio of 2.98 and a beta of 0.65. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.68.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last released its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.63. The business had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The business's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.70 earnings per share. 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, analysts expect that Check Point Software Technologies Ltd. will post 8.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CHKP. Mizuho dropped their price objective on shares of Check Point Software Technologies from $205.00 to $165.00 and set a "neutral" rating on the stock in a report on Tuesday, April 14th. Wedbush reduced their target price on shares of Check Point Software Technologies from $240.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, February 13th. The Goldman Sachs Group lowered their price target on shares of Check Point Software Technologies from $208.00 to $186.00 and set a "neutral" rating on the stock in a report on Tuesday, February 17th. Piper Sandler cut their price target on Check Point Software Technologies from $260.00 to $240.00 and set an "overweight" rating on the stock in a research report on Monday, January 5th. Finally, Truist Financial reduced their price objective on Check Point Software Technologies from $200.00 to $175.00 and set a "buy" rating for the company in a research note on Friday. Eight analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $199.32.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.