Meitav Investment House Ltd. Acquires 6,573 Shares of Check Point Software Technologies Ltd. $CHKP

Meitav Investment House Ltd. grew its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 5.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,690 shares of the technology company’s stock after purchasing an additional 6,573 shares during the quarter. Meitav Investment House Ltd. owned approximately 0.13% of Check Point Software Technologies worth $19,520,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in CHKP. Abound Financial LLC bought a new stake in Check Point Software Technologies during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new position in Check Point Software Technologies in the 3rd quarter worth about $27,000. MV Capital Management Inc. bought a new position in Check Point Software Technologies in the 4th quarter worth about $28,000. Ascentis Independent Advisors purchased a new position in shares of Check Point Software Technologies during the first quarter worth approximately $30,000. Finally, Ossiam increased its position in shares of Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after acquiring an additional 96 shares during the period. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Insider Activity

In other news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction on 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 transaction, the director directly owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CHKP shares. Stephens reiterated an “overweight” rating and issued a $145.00 price target on shares of Check Point Software Technologies in a report on Thursday, April 30th. Wells Fargo & Company reduced their price objective on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Cantor Fitzgerald decreased their target price on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. UBS Group lowered their target price on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Finally, TD Cowen set a $180.00 price target on Check Point Software Technologies in a research report on Thursday, April 30th. Ten analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $150.26.

Check Point Software Technologies Stock Up 2.0%

CHKP stock traded up $2.84 during trading on Tuesday, hitting $141.71. 238,849 shares of the company’s stock traded hands, compared to its average volume of 1,429,551. The firm has a market capitalization of $14.96 billion, a P/E ratio of 14.55, a PEG ratio of 4.03 and a beta of 0.49. The business has a fifty day simple moving average of $127.53 and a two-hundred day simple moving average of $152.52. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies Ltd. has a 1 year low of $112.23 and a 1 year high of $232.07.

Check Point Software Technologies (NASDAQ:CHKP) last announced its 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. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The business had revenue of $668.40 million for the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter last year, the firm earned $2.21 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. 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. Sell-side analysts anticipate that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

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).