Quantitative Investment Management LLC Purchases 8,091 Shares of Check Point Software Technologies Ltd. $CHKP

Quantitative Investment Management LLC grew its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 122.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,674 shares of the technology company’s stock after buying an additional 8,091 shares during the quarter. Quantitative Investment Management LLC’s holdings in Check Point Software Technologies were worth $1,928,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 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 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 worth $492,588,000 after acquiring an additional 157,327 shares during the period. Ameriprise Financial Inc. grew 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 acquiring an additional 170,373 shares in the last quarter. DNB Asset Management AS grew its holdings in 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. Finally, Victory Capital Management Inc. increased its position in Check Point Software Technologies by 16.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,684,756 shares of the technology company’s stock valued at $312,623,000 after purchasing an additional 234,539 shares during the period. Institutional investors own 98.51% of the company’s stock.

Insider Buying and Selling

In other Check Point Software Technologies news, CRO Sherif Seddik sold 10,272 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive directly owned 24,675 shares in the company, valued at $3,049,583.25. This trade represents a 29.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by insiders.

Check Point Software Technologies Stock Performance

Shares of Check Point Software Technologies stock opened at $138.91 on Tuesday. The company has a market capitalization of $14.18 billion, a PE ratio of 14.22, a P/E/G ratio of 5.14 and a beta of 0.49. The company has a 50-day simple moving average of $131.56 and a two-hundred day simple moving average of $137.37. Check Point Software Technologies Ltd. has a one year low of $112.23 and a one year high of $210.66. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.10. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The business had revenue of $673.60 million for the quarter, compared to analysts’ expectations of $675.45 million. During the same period last year, the business earned $2.37 EPS. The company’s revenue was up 1.3% compared to the same quarter last year. 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. Research analysts expect that Check Point Software Technologies Ltd. will post 8.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CHKP. Raymond James Financial lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a research note on Thursday, July 30th. UBS Group lifted their price objective on shares of Check Point Software Technologies from $130.00 to $135.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Stifel Nicolaus boosted their price objective on shares of Check Point Software Technologies from $120.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, July 31st. Finally, Citigroup upped their target price on Check Point Software Technologies from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Nine research analysts have rated the stock with a Buy rating and nineteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Check Point Software Technologies currently has a consensus rating of “Hold” and an average target price of $149.67.

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).