Check Point Software Technologies Ltd. $CHKP Stock: Ninety One UK Ltd Reduces Position

Key Points

• Ninety One UK Ltd. reduced its Check Point Software Technologies stake by 3.4%, selling 87,407 shares and retaining 2.46 million shares valued at approximately $316.2 million. Institutional investors collectively own 98.51% of the company.
• Check Point reported quarterly EPS of $2.55, exceeding analysts’ $2.45 estimate, while revenue reached $673.6 million and rose 1.3% year over year. The stock recently traded at $137.72, with a market capitalization of $14.06 billion.
• Analyst sentiment remains mixed: eight analysts rate CHKP a Buy and 19 rate it a Hold, producing an overall Hold consensus and an average price target of $149.48.

Ninety One UK Ltd reduced its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 3.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,463,371 shares of the technology company's stock after selling 87,407 shares during the period. Ninety One UK Ltd owned approximately 2.41% of Check Point Software Technologies worth $316,174,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Legacy Wealth Asset Management LLC lifted its holdings in Check Point Software Technologies by 11.3% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 18,800 shares of the technology company's stock worth $2,413,000 after purchasing an additional 1,908 shares in the last quarter. Plan A Wealth LLC boosted its stake in Check Point Software Technologies by 20.1% in the 3rd quarter. Plan A Wealth LLC now owns 2,075 shares of the technology company's stock worth $266,000 after purchasing an additional 347 shares during the period. Junto Capital Management LP bought a new position in Check Point Software Technologies in the 2nd quarter worth about $72,445,000. National Pension Service grew its holdings in Check Point Software Technologies by 114.8% during the 2nd quarter. National Pension Service now owns 15,468 shares of the technology company's stock valued at $2,033,000 after buying an additional 8,268 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new position in Check Point Software Technologies during the 2nd quarter valued at about $302,000. 98.51% of the stock is owned by institutional investors.

Check Point Software Technologies Price Performance

Check Point Software Technologies stock traded up $3.64 during midday trading on Thursday, hitting $137.72. 375,622 shares of the company's stock were exchanged, compared to its average volume of 1,317,606. The company has a market cap of $14.06 billion, a P/E ratio of 14.08, a PEG ratio of 3.86 and a beta of 0.48. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67. The stock has a 50-day moving average price of $132.89 and a two-hundred day moving average price of $132.12. Check Point Software Technologies Ltd. has a 52-week low of $112.23 and a 52-week high of $210.66.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.10. The firm had revenue of $673.60 million for the quarter, compared to analysts' expectations of $675.45 million. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%. The company's revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, equities research analysts forecast that Check Point Software Technologies Ltd. will post 8.45 earnings per share for the current year.

Insider Buying and Selling at Check Point Software Technologies

In related news, CRO Sherif Seddik sold 10,272 shares of the firm's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total value of $1,269,516.48. Following the sale, the executive directly 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company's stock.

Analyst Upgrades and Downgrades

CHKP has been the topic of several analyst reports. Scotiabank upgraded Check Point Software Technologies from a "sector perform" rating to an "outperform" rating and set a $185.00 price target on the stock in a research report on Monday, July 6th. Guggenheim upgraded shares of 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. Roth Capital set a $105.00 price objective on shares of Check Point Software Technologies in a research note on Friday, July 31st. Raymond James Financial cut shares of Check Point Software Technologies from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 15th. Finally, Stifel Nicolaus upped their target price on shares of Check Point Software Technologies from $120.00 to $130.00 and gave the stock a "hold" rating in a report on Friday, July 31st. Eight investment analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $149.48.

Check Point Software Technologies 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.

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