L2 Asset Management LLC Acquires 7,651 Shares of Check Point Software Technologies Ltd. $CHKP

L2 Asset Management LLC boosted its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 43.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,150 shares of the technology company’s stock after purchasing an additional 7,651 shares during the quarter. L2 Asset Management LLC’s holdings in Check Point Software Technologies were worth $4,667,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Check Point Software Technologies during the 4th quarter valued at approximately $1,924,000. Squarepoint Ops LLC boosted its stake in Check Point Software Technologies by 74.0% during the 4th quarter. Squarepoint Ops LLC now owns 7,782 shares of the technology company’s stock valued at $1,444,000 after purchasing an additional 3,310 shares during the period. Sculptor Capital LP bought a new stake in Check Point Software Technologies during the 4th quarter valued at approximately $6,797,000. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in Check Point Software Technologies by 28.2% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,570 shares of the technology company’s stock valued at $477,000 after purchasing an additional 565 shares during the period. Finally, Twin City Private Wealth LLC boosted its stake in Check Point Software Technologies by 57.6% during the 4th quarter. Twin City Private Wealth LLC now owns 5,840 shares of the technology company’s stock valued at $1,084,000 after purchasing an additional 2,135 shares during the period. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Trading Down 0.5%

Shares of Check Point Software Technologies stock opened at $123.46 on Tuesday. The firm has a market capitalization of $13.04 billion, a PE ratio of 12.68, a price-to-earnings-growth ratio of 3.66 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The company’s fifty day moving average price is $131.44 and its two-hundred day moving average price is $158.84. Check Point Software Technologies Ltd. has a 52-week low of $112.23 and a 52-week high of $232.07.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.08. The firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.21 EPS. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. On average, analysts expect that Check Point Software Technologies Ltd. will post 8.47 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on CHKP shares. Compass Point set a $120.00 target price on Check Point Software Technologies in a research note on Monday, May 4th. Jefferies Financial Group restated a “buy” rating and set a $160.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Weiss Ratings downgraded Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. Bank of America downgraded Check Point Software Technologies from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research report on Monday, May 4th. Finally, Scotiabank reduced their price objective on Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating for the company in a research report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $146.50.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the sale, the director owned 4,008 shares of the company’s stock, valued at $562,242.24. The trade was a 86.18% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by company insiders.

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).