Koshinski Asset Management Inc. Buys 125 Shares of Check Point Software Technologies Ltd. $CHKP

Koshinski Asset Management Inc. boosted its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,613 shares of the technology company’s stock after purchasing an additional 125 shares during the period. Koshinski Asset Management Inc.’s holdings in Check Point Software Technologies were worth $799,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Horizon Investments LLC lifted its position in Check Point Software Technologies by 116.4% during the first quarter. Horizon Investments LLC now owns 158 shares of the technology company’s stock valued at $36,000 after purchasing an additional 85 shares during the period. Cromwell Holdings LLC bought a new position in Check Point Software Technologies in the first quarter worth approximately $37,000. Abound Financial LLC bought a new position in Check Point Software Technologies in the first quarter worth approximately $40,000. TruNorth Capital Management LLC bought a new position in Check Point Software Technologies in the first quarter worth approximately $45,000. Finally, Summit Securities Group LLC bought a new position in Check Point Software Technologies in the first quarter worth approximately $49,000. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Price Performance

Shares of CHKP stock opened at $190.65 on Monday. The company has a market capitalization of $20.97 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 2.87 and a beta of 0.60. The company’s fifty day moving average price is $194.73 and its 200-day moving average price is $209.25. Check Point Software Technologies Ltd. has a one year low of $169.01 and a one year high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.01. The company had revenue of $665.20 million for the quarter, compared to the consensus estimate of $663.10 million. Check Point Software Technologies had a net margin of 32.48% and a return on equity of 33.21%. Check Point Software Technologies’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.17 EPS. Check Point Software Technologies has set its FY 2025 guidance at 9.600-10.200 EPS. Q3 2025 guidance at 2.400-2.500 EPS. Equities research analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CHKP shares. Scotiabank set a $205.00 price target on shares of Check Point Software Technologies and gave the stock a “sector perform” rating in a research report on Monday, October 6th. UBS Group decreased their price target on shares of Check Point Software Technologies from $220.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Cantor Fitzgerald set a $220.00 price target on shares of Check Point Software Technologies and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Stifel Nicolaus set a $200.00 price objective on shares of Check Point Software Technologies in a research report on Wednesday, July 30th. Finally, Barclays raised their price objective on shares of Check Point Software Technologies from $215.00 to $220.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seventeen have issued a Hold rating to the company. Based on data from MarketBeat.com, Check Point Software Technologies has a consensus rating of “Hold” and an average price target of $227.00.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.