Rep. Thomas H. Kean, Jr. Unloads Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP). In a filing disclosed on June 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Check Point Software Technologies stock on June 1st. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of EQT (NYSE:EQT) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 4/29/2026.
• Sold $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 4/21/2026.
• Sold $1,001 – $15,000 in shares of nVent Electric (NYSE:NVT) on 4/15/2026.
• Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/14/2026.
• Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 4/14/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 3/31/2026.
• Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 3/26/2026.
• Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 3/26/2026.
• Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 3/26/2026.

Check Point Software Technologies Stock Performance

Shares of CHKP traded down $2.00 on Thursday, reaching $122.67. The company’s stock had a trading volume of 412,060 shares, compared to its average volume of 1,441,653. The stock’s 50 day simple moving average is $128.39 and its two-hundred day simple moving average is $155.57. 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 stock has a market capitalization of $12.95 billion, a P/E ratio of 12.52, a PEG ratio of 3.66 and a beta of 0.49. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $232.07.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.08. The business had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $2.21 earnings per share. 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. Research analysts forecast that Check Point Software Technologies Ltd. will post 8.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CHKP has been the topic of a number of recent research reports. Mizuho set a $135.00 target price on Check Point Software Technologies in a report on Friday, May 1st. Wedbush cut their price target on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a report on Friday, May 1st. The Goldman Sachs Group set a $168.00 price target on Check Point Software Technologies in a research report on Friday, May 1st. Roth Mkm set a $160.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Finally, UBS Group lowered their price objective on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock 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 issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $146.50.

Institutional Investors Weigh In On Check Point Software Technologies

A number of institutional investors have recently bought and sold shares of the business. Measured Wealth Private Client Group LLC bought a new stake in shares of Check Point Software Technologies during the third quarter valued at approximately $27,000. Abound Financial LLC acquired a new stake in shares of Check Point Software Technologies in the fourth quarter valued at $27,000. MV Capital Management Inc. purchased a new stake in shares of Check Point Software Technologies in the 4th quarter valued at approximately $28,000. Ossiam lifted its holdings in Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after buying an additional 96 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Check Point Software Technologies in the 3rd quarter valued at about $38,000. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Insider Buying and Selling

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the sale, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 corporate insiders.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Check Point Software Technologies

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).