Cannell & Spears LLC Invests $22.29 Million in Check Point Software Technologies Ltd. $CHKP

Cannell & Spears LLC bought a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 107,726 shares of the technology company’s stock, valued at approximately $22,290,000.

Several other large investors have also added to or reduced their stakes in the business. HUB Investment Partners LLC increased its holdings in Check Point Software Technologies by 1.5% during the 3rd quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock worth $736,000 after purchasing an additional 53 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in shares of Check Point Software Technologies by 3.6% in the third quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after purchasing an additional 53 shares in the last quarter. Trust Point Inc. lifted its holdings in shares of Check Point Software Technologies by 2.3% in the third quarter. Trust Point Inc. now owns 2,420 shares of the technology company’s stock valued at $501,000 after purchasing an additional 54 shares in the last quarter. Philip James Wealth Mangement LLC boosted its position in shares of Check Point Software Technologies by 1.1% during the third quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock valued at $989,000 after buying an additional 54 shares during the last quarter. Finally, Horizon Investments LLC grew its holdings in Check Point Software Technologies by 28.9% during the third quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after buying an additional 54 shares in the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

Shares of Check Point Software Technologies stock opened at $153.65 on Friday. The business’s fifty day simple moving average is $172.38 and its 200 day simple moving average is $186.44. The company has a current ratio of 2.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.68. Check Point Software Technologies Ltd. has a 12 month low of $150.17 and a 12 month high of $234.35. The firm has a market capitalization of $16.90 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 3.40 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The firm had revenue of $744.90 million during the quarter, compared to the consensus estimate of $746.40 million. During the same quarter in the prior year, the company earned $2.70 EPS. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, analysts anticipate that Check Point Software Technologies Ltd. will post 8.61 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CHKP. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $180.00 price target on shares of Check Point Software Technologies in a research report on Friday, February 13th. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a research note on Thursday, February 19th. BMO Capital Markets lowered their target price on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Wells Fargo & Company assumed coverage on shares of Check Point Software Technologies in a research report on Tuesday, March 3rd. They set an “equal weight” rating and a $165.00 price target on the stock. Finally, The Goldman Sachs Group cut their price target on shares of Check Point Software Technologies from $208.00 to $186.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $212.40.

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).