Robinson Value Management Ltd. Makes New Investment in Check Point Software Technologies Ltd. $CHKP

Robinson Value Management Ltd. purchased a new position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 21,091 shares of the technology company’s stock, valued at approximately $2,707,000. Check Point Software Technologies accounts for about 1.5% of Robinson Value Management Ltd.’s holdings, making the stock its 24th largest position.

Several other institutional investors have also bought and sold shares of the business. Junto Capital Management LP purchased a new position in shares of Check Point Software Technologies in the 2nd quarter worth $72,445,000. Renaissance Technologies LLC bought a new stake in shares of Check Point Software Technologies in the 1st quarter worth about $34,171,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Check Point Software Technologies during the 2nd quarter valued at about $25,752,000. Bank of America Corp DE raised its position in shares of Check Point Software Technologies by 26.6% during the 1st quarter. Bank of America Corp DE now owns 808,428 shares of the technology company’s stock valued at $115,484,000 after buying an additional 170,024 shares in the last quarter. Finally, Mizuho Markets Americas LLC lifted its holdings in shares of Check Point Software Technologies by 633.4% in the 1st quarter. Mizuho Markets Americas LLC now owns 158,900 shares of the technology company’s stock valued at $22,699,000 after acquiring an additional 137,235 shares during the last quarter. Institutional investors own 98.51% of the company’s stock.

Analysts Set New Price Targets

CHKP has been the subject of several recent research reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $150.00 price target on shares of Check Point Software Technologies in a research report on Thursday, July 23rd. Guggenheim upgraded Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 price objective on the stock in a research report on Wednesday, July 1st. Roth Capital set a $105.00 price objective on Check Point Software Technologies in a research report on Friday, July 31st. Wells Fargo & Company lowered their price objective on Check Point Software Technologies from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Friday, July 31st. Finally, TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a report on Thursday, July 30th. Nine investment analysts have rated the stock with a Buy rating and nineteen have assigned 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 target price of $149.50.

Insider Activity

In related news, CRO Sherif Seddik sold 10,272 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the sale, the executive directly owned 24,675 shares of the company’s stock, valued at approximately $3,049,583.25. This trade represents a 29.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.

Check Point Software Technologies Stock Performance

Shares of NASDAQ:CHKP opened at $140.85 on Wednesday. The company has a market capitalization of $14.38 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 3.98 and a beta of 0.48. Check Point Software Technologies Ltd. has a 12 month low of $112.23 and a 12 month high of $210.66. The firm’s 50-day moving average is $133.74 and its 200 day moving average is $132.03. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.72.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.10. The business had revenue of $673.60 million during the quarter, compared to analyst estimates of $675.45 million. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.37 earnings per share. 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 predict that Check Point Software Technologies Ltd. will post 8.45 EPS for the current year.

Check Point Software Technologies Profile

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.

The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.