Quantitative Investment Management LLC Buys 8,091 Shares of Check Point Software Technologies Ltd. $CHKP

Key Points

• Quantitative Investment Management LLC more than doubled its Check Point Software stake in the second quarter, buying 8,091 additional shares for a total holding of 14,674 shares valued at approximately $1.93 million.
• Check Point beat quarterly EPS expectations, reporting $2.55 versus the $2.45 consensus, while revenue reached $673.6 million and increased 1.3% year over year. The company issued Q3 and FY 2026 EPS guidance.
• Analyst sentiment remains mixed: the stock carries a consensus “Hold” rating with an average price target of $149.67, while institutional investors collectively own 98.51% of outstanding shares.

Quantitative Investment Management LLC raised its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 122.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,674 shares of the technology company's stock after purchasing an additional 8,091 shares during the period. Quantitative Investment Management LLC's holdings in Check Point Software Technologies were worth $1,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wedbush Securities Inc. increased its position in shares of Check Point Software Technologies by 118.4% during the 2nd quarter. Wedbush Securities Inc. now owns 6,401 shares of the technology company's stock valued at $841,000 after purchasing an additional 3,470 shares during the last quarter. Wellington Management Group LLP lifted its position in Check Point Software Technologies by 5.8% in the second quarter. Wellington Management Group LLP now owns 17,426 shares of the technology company's stock worth $2,290,000 after buying an additional 955 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Check Point Software Technologies in the second quarter worth $6,237,000. Ancora Advisors LLC purchased a new position in Check Point Software Technologies during the second quarter worth $119,000. Finally, Jones Financial Companies Lllp purchased a new position in Check Point Software Technologies during the second quarter worth $969,000. Hedge funds and other institutional investors own 98.51% of the company's stock.

Check Point Software Technologies Stock Performance

CHKP stock opened at $138.91 on Tuesday. Check Point Software Technologies Ltd. has a twelve month low of $112.23 and a twelve month high of $210.66. The firm has a market cap of $14.18 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 5.14 and a beta of 0.49. The business's fifty day simple moving average is $131.56 and its two-hundred day simple moving average is $137.37. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last issued its earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.45 by $0.10. The firm had revenue of $673.60 million during the quarter, compared to analyst estimates of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The business's revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.37 earnings per share. 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. Analysts predict that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

CHKP has been the topic of several recent analyst reports. Wells Fargo & Company reduced their target price on shares of Check Point Software Technologies from $140.00 to $130.00 and set an "equal weight" rating on the stock in a research note on Friday, July 31st. JPMorgan Chase & Co. cut shares of Check Point Software Technologies from an "overweight" rating to a "neutral" rating and set a $135.00 price target for the company. in a research note on Monday, July 27th. Guggenheim upgraded shares of Check Point Software Technologies from a "neutral" rating to a "buy" rating and set a $188.00 price target on the stock in a report on Wednesday, July 1st. Susquehanna increased their price objective on shares of Check Point Software Technologies from $140.00 to $150.00 and gave the stock a "positive" rating in a research report on Friday, July 31st. Finally, BMO Capital Markets decreased their price objective on shares of Check Point Software Technologies from $210.00 to $135.00 and set an "outperform" rating for the company in a research note on Monday, May 4th. Nine research analysts have rated the stock with a Buy rating and nineteen have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $149.67.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies news, CRO Sherif Seddik sold 10,272 shares of the business's stock in a transaction dated 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 completion of the sale, the executive directly owned 24,675 shares of the company's stock, valued at $3,049,583.25. The trade was a 29.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.

Check Point Software Technologies 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).

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