CreativeOne Wealth LLC Has $221,000 Holdings in Check Point Software Technologies Ltd. $CHKP

Key Points

• CreativeOne Wealth LLC significantly reduced its holdings in Check Point Software Technologies by 85.4%, now owning 970 shares worth approximately $221,000.
• Check Point's recent earnings report showed $2.37 EPS, surpassing analysts' estimates and indicating a 6.0% revenue growth year-over-year.
• Analysts have revised their price targets for Check Point, with the consensus price target now set at $227.58, with a majority rating the stock as Hold.

CreativeOne Wealth LLC cut its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 85.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 970 shares of the technology company's stock after selling 5,694 shares during the quarter. CreativeOne Wealth LLC's holdings in Check Point Software Technologies were worth $221,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Capital A Wealth Management LLC acquired a new position in shares of Check Point Software Technologies during the fourth quarter worth approximately $29,000. Horizon Investments LLC increased its position in shares of Check Point Software Technologies by 116.4% during the first quarter. Horizon Investments LLC now owns 158 shares of the technology company's stock valued at $36,000 after purchasing an additional 85 shares during the period. Cromwell Holdings LLC bought a new stake in shares of Check Point Software Technologies during the first quarter valued at approximately $37,000. Abound Financial LLC bought a new stake in shares of Check Point Software Technologies during the first quarter valued at approximately $40,000. Finally, Menard Financial Group LLC bought a new stake in shares of Check Point Software Technologies during the fourth quarter valued at approximately $41,000. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Check Point Software Technologies Price Performance

Shares of NASDAQ:CHKP opened at $190.16 on Wednesday. The business's fifty day moving average price is $204.41 and its two-hundred day moving average price is $215.35. Check Point Software Technologies Ltd. has a fifty-two week low of $169.01 and a fifty-two week high of $234.35. The stock has a market capitalization of $20.91 billion, a price-to-earnings ratio of 24.76, a price-to-earnings-growth ratio of 2.90 and a beta of 0.60.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.37 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.01. Check Point Software Technologies had a return on equity of 33.21% and a net margin of 32.48%.The firm had revenue of $665.20 million for the quarter, compared to analysts' expectations of $663.10 million. During the same period in the prior year, the business posted $2.17 earnings per share. The business's revenue was up 6.0% compared to the same quarter last year. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. Research analysts expect that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CHKP has been the topic of a number of research reports. Scotiabank lowered their price objective on Check Point Software Technologies from $240.00 to $220.00 and set a "sector outperform" rating on the stock in a research report on Thursday, July 31st. Stephens lowered their price objective on Check Point Software Technologies from $229.00 to $210.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 31st. Jefferies Financial Group lowered their price objective on Check Point Software Technologies from $260.00 to $230.00 and set a "buy" rating on the stock in a research report on Thursday, July 31st. Stifel Nicolaus set a $200.00 price objective on Check Point Software Technologies in a research report on Wednesday, July 30th. Finally, Wells Fargo & Company lowered their price objective on Check Point Software Technologies from $265.00 to $225.00 and set an "overweight" rating on the stock in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $227.58.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.

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