DeepCurrents Investment Group LLC Buys Shares of 15,700 Check Point Software Technologies Ltd. $CHKP

DeepCurrents Investment Group LLC bought a new stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,700 shares of the technology company’s stock, valued at approximately $2,913,000.

Several other large investors also recently modified their holdings of CHKP. AQR Capital Management LLC bought a new stake in shares of Check Point Software Technologies in the first quarter worth about $262,000. EverSource Wealth Advisors LLC increased its holdings in shares of Check Point Software Technologies by 24.3% in the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock worth $132,000 after acquiring an additional 117 shares in the last quarter. Squarepoint Ops LLC increased its holdings in shares of Check Point Software Technologies by 20.9% in the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after acquiring an additional 4,577 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Check Point Software Technologies by 6.5% in the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after acquiring an additional 2,198 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in shares of Check Point Software Technologies by 17.3% in the second quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock worth $476,000 after acquiring an additional 317 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Stock Up 0.8%

NASDAQ:CHKP opened at $124.06 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market cap of $13.10 billion, a PE ratio of 12.74, a PEG ratio of 3.66 and a beta of 0.49. Check Point Software Technologies Ltd. has a 52-week low of $112.23 and a 52-week high of $232.07. The stock has a 50-day simple moving average of $131.94 and a 200 day simple moving average of $159.45.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The business had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.Check Point Software Technologies’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the company 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. On average, sell-side analysts expect that Check Point Software Technologies Ltd. will post 8.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Stifel Nicolaus set a $120.00 price target on Check Point Software Technologies in a report on Friday, May 1st. Morgan Stanley set a $133.00 price target on Check Point Software Technologies in a report on Friday, May 1st. Weiss Ratings downgraded Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. TD Cowen set a $180.00 price target on Check Point Software Technologies in a report on Thursday, April 30th. Finally, Susquehanna lowered their price target on Check Point Software Technologies from $255.00 to $140.00 and set a “positive” rating for the company in a report on Friday, May 1st. Eight investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $146.50.

Insider Activity

In related news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the transaction, the director directly owned 4,008 shares in the company, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

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).