The Manufacturers Life Insurance Company Decreases Stake in Check Point Software Technologies Ltd. $CHKP

The Manufacturers Life Insurance Company lessened its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 16.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,562 shares of the technology company’s stock after selling 5,610 shares during the period. The Manufacturers Life Insurance Company’s holdings in Check Point Software Technologies were worth $4,223,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CHKP. Massachusetts Financial Services Co. MA lifted its position 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 last quarter. Norges Bank acquired a new stake in Check Point Software Technologies in the fourth quarter valued at $731,276,000. First Trust Advisors LP lifted its holdings in Check Point Software Technologies by 6.3% during the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock worth $492,588,000 after buying an additional 157,327 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Check Point Software Technologies by 9.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company’s stock worth $442,733,000 after buying an additional 170,373 shares during the last quarter. Finally, DNB Asset Management AS boosted its position in shares of Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after acquiring an additional 932,485 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CHKP has been the topic of a number of recent analyst reports. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a report on Thursday, July 30th. BMO Capital Markets lowered their price target on Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a report on Monday, May 4th. Mizuho set a $135.00 price target on shares of Check Point Software Technologies in a research note on Friday, May 1st. Weiss Ratings reissued a “sell (d+)” rating on shares of Check Point Software Technologies in a report on Friday, July 24th. Finally, The Goldman Sachs Group lowered their target price on shares of Check Point Software Technologies from $168.00 to $150.00 and set a “neutral” rating for the company in a report on Saturday, August 1st. Nine research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Check Point Software Technologies currently has an average rating of “Hold” and an average price target of $149.67.

Check Point Software Technologies Stock Performance

Shares of CHKP opened at $125.28 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.72. The firm has a market cap of $12.79 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 4.66 and a beta of 0.49. The company’s 50 day simple moving average is $130.57 and its 200-day simple moving average is $143.14. Check Point Software Technologies Ltd. has a 12-month low of $112.23 and a 12-month high of $210.66.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.45 by $0.10. The firm had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. Check Point Software Technologies’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.37 EPS. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, equities analysts predict that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

Insider Transactions at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the firm’s 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 transaction, the director owned 4,008 shares of the company’s stock, valued at $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 SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Sherif Seddik sold 10,272 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total value of $1,269,516.48. Following the completion of the transaction, the executive owned 24,675 shares in the company, valued at $3,049,583.25. This trade represents a 29.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by corporate 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).