SG Americas Securities LLC Has $1.21 Million Holdings in Check Point Software Technologies Ltd. $CHKP

SG Americas Securities LLC cut its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 62.9% in the first quarter, Holdings Channel.com reports. The firm owned 8,456 shares of the technology company’s stock after selling 14,343 shares during the period. SG Americas Securities LLC’s holdings in Check Point Software Technologies were worth $1,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA increased its holdings in shares of Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after purchasing an additional 1,766,774 shares during the period. Norges Bank bought a new stake in shares of Check Point Software Technologies in the fourth quarter valued at about $731,276,000. First Trust Advisors LP lifted its stake in shares of Check Point Software Technologies by 6.3% in the fourth quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock valued at $492,588,000 after buying an additional 157,327 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Check Point Software Technologies by 8.5% in the third quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock valued at $449,274,000 after buying an additional 170,075 shares during the period. Finally, DNB Asset Management AS grew its position in Check Point Software Technologies by 105.0% during the fourth quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after buying an additional 932,485 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors and hedge funds.

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 dated 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 transaction, the director directly owned 4,008 shares in the company, valued at $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. 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 owned by corporate insiders.

Check Point Software Technologies Stock Performance

Check Point Software Technologies stock opened at $136.58 on Friday. The firm has a market capitalization of $14.42 billion, a P/E ratio of 14.02, a P/E/G ratio of 4.03 and a beta of 0.49. The stock has a fifty day moving average price of $127.53 and a two-hundred day moving average price of $152.76. Check Point Software Technologies Ltd. has a 52-week low of $112.23 and a 52-week high of $232.07. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The company had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. During the same quarter in the previous year, the company earned $2.21 EPS. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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. As a group, analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. UBS Group lowered their price target on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Morgan Stanley set a $133.00 price objective on Check Point Software Technologies in a research report on Friday, May 1st. Truist Financial set a $150.00 price objective on Check Point Software Technologies in a report on Thursday, April 30th. Royal Bank Of Canada lowered their price objective on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a research report on Friday, May 1st. Finally, Wells Fargo & Company cut their target price on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Nine analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $148.04.

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).