Clal Insurance Enterprises Holdings Ltd Increases Position in Check Point Software Technologies Ltd. $CHKP

Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 30.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 170,411 shares of the technology company’s stock after buying an additional 40,000 shares during the quarter. Clal Insurance Enterprises Holdings Ltd’s holdings in Check Point Software Technologies were worth $24,343,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Check Point Software Technologies in the fourth quarter worth $731,276,000. Massachusetts Financial Services Co. MA lifted its position in shares of Check Point Software Technologies by 28.6% in 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 buying an additional 1,766,774 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Check Point Software Technologies by 26,561.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,233,899 shares of the technology company’s stock valued at $228,962,000 after buying an additional 1,229,271 shares during the period. DNB Asset Management AS boosted its holdings in shares of Check Point Software Technologies by 105.0% in the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock valued at $337,782,000 after buying an additional 932,485 shares during the period. Finally, Altshuler Shaham Ltd grew its position in shares of Check Point Software Technologies by 6,253,188.9% during the 4th quarter. Altshuler Shaham Ltd now owns 562,796 shares of the technology company’s stock valued at $104,432,000 after buying an additional 562,787 shares during the last quarter. 98.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on CHKP. Barclays lifted their target price on Check Point Software Technologies from $133.00 to $145.00 and gave the company an “equal weight” rating in a research note on Monday, July 13th. BMO Capital Markets cut their price target on Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. UBS Group reduced their price objective on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. The Goldman Sachs Group set a $168.00 target price on Check Point Software Technologies in a research report on Friday, May 1st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $160.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $151.44.

Insiders Place Their Bets

In other news, Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the transaction, the director owned 4,008 shares in the company, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Check Point Software Technologies Stock Down 3.9%

Shares of Check Point Software Technologies stock opened at $130.46 on Wednesday. The business’s fifty day moving average price is $130.24 and its two-hundred day moving average price is $148.09. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The company has a market capitalization of $13.78 billion, a P/E ratio of 13.39, a PEG ratio of 4.00 and a beta of 0.49. Check Point Software Technologies Ltd. has a 1-year low of $112.23 and a 1-year high of $225.23.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.21 earnings per share. 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. As a group, research analysts forecast that Check Point Software Technologies Ltd. will post 8.46 EPS for the current year.

About Check Point Software Technologies

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).