Check Point Software rises as cybersecurity shares gain on stronger spending outlook

Check Point Software Technologies (CHKP) is up 3.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied mainly to a broader rally in cybersecurity stocks after investors reacted to signs of improving enterprise security spending. A second likely tailwind is heightened urgency around newly disclosed critical web-software vulnerabilities, which can increase attention on security vendors such as Check Point.

Details:

Cybersecurity shares moved higher over the last two sessions as investors rotated into the group on expectations that enterprise security budgets may strengthen into year-end.

Two critical PHP vulnerabilities were disclosed and patched this week, with reports of exploitation attempts emerging soon after, putting network and application defense back in focus.

Check Point’s most recent quarterly filing showed second-quarter 2026 revenue of $674 million, security subscription revenue of $333 million, remaining performance obligation of $2.6 billion, and non-GAAP diluted EPS of $2.55.

The company has also set November 2, 2026 for its third-quarter results, which may be helping traders position ahead of the next major update.

Sources:

Investing.com, SecurityWeek, SEC, Check Point Software

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CHKP Insider Trading Activity

$CHKP insiders have traded $CHKP stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $CHKP stock by insiders over the last 6 months:

YOAV CHELOUCHE sold 25,000 shares for an estimated $3,506,940
SHENHAV TAL SHAVIT sold 25,000 shares for an estimated $3,076,747
JERRY T UNGERMAN sold 25,000 shares for an estimated $3,063,632
SHERIF SEDDIK (Chief Revenue Officer) sold 10,272 shares for an estimated $1,269,505

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$CHKP Hedge Fund Activity

We have seen 264 institutional investors add shares of $CHKP stock to their portfolio, and 396 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NORGES BANK removed 2,615,355 shares (-66.4%) from their portfolio in Q2 2026, for an estimated $343,736,107
ACADIAN ASSET MANAGEMENT LLC added 1,957,215 shares (+122.5%) to their portfolio in Q2 2026, for an estimated $257,236,767
BOSTON PARTNERS removed 1,791,861 shares (-64.1%) from their portfolio in Q2 2026, for an estimated $235,504,291
VICTORY CAPITAL MANAGEMENT INC removed 1,657,498 shares (-98.4%) from their portfolio in Q2 2026, for an estimated $217,844,962
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,261,314 shares (-99.7%) from their portfolio in Q2 2026, for an estimated $165,774,499
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 998,668 shares (+inf%) to their portfolio in Q2 2026, for an estimated $131,254,935
ALYESKA INVESTMENT GROUP, L.P. added 852,049 shares (+399.7%) to their portfolio in Q2 2026, for an estimated $111,984,800

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$CHKP Congressional Stock Trading

Members of Congress have traded $CHKP stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $CHKP stock by members of Congress over the last 6 months:

REPRESENTATIVE THOMAS H. KEAN, JR. has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 06/01.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$CHKP Analyst Ratings

Wall Street analysts have issued reports on $CHKP in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Susquehanna issued a "Positive" rating on 05/01/2026

To track analyst ratings and price targets for $CHKP, check out Quiver Quantitative's $CHKP forecast page.

$CHKP Price Targets

Multiple analysts have issued price targets for $CHKP recently. We have seen 12 analysts offer price targets for $CHKP in the last 6 months, with a median target of $135.0.

Here are some recent targets:

Patrick Colville from Scotiabank set a target price of $185.0 on 07/06/2026
John Difucci from Guggenheim set a target price of $188.0 on 07/01/2026
Keith Bachman from BMO Capital set a target price of $135.0 on 05/04/2026
Fatima Boolani from Citigroup set a target price of $125.0 on 05/04/2026
Shyam Patil from Susquehanna set a target price of $140.0 on 05/01/2026
Peter Levine from Evercore ISI Group set a target price of $130.0 on 05/01/2026
Dan Ives from Wedbush set a target price of $160.0 on 05/01/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.