CHKP Insider Jerry Ungerman Sells $3.1M of Stock

Jerry Ungerman, a key figure at Check Point Software Technologies Ltd. (NasdaqGS: CHKP), sold 25,000 shares of the company on June 11, 2026. The shares were sold at an average price of $122.55 each, totaling approximately $3.06 million. This transaction was planned in advance, as part of a Rule 10b5-1 trading plan.

Insider Buying and Selling at Check Point Software Technologies Ltd.

On the same day, other insiders at Check Point Software also executed trades. Shavit Shenhav Tal and Yoav Chelouche each sold 25,000 shares at varying prices, with some transactions being planned under Rule 10b5-1. Such insider activities are often closely monitored by investors for potential insights into the company's prospects.

Other Institutional Activity in Check Point Software

Several institutional investors have recently adjusted their stakes in Check Point Software. Massachusetts Financial Services Co. increased its holdings slightly by 5,051 shares, ending with 7,942,280 shares valued at about $1.18 billion. In contrast, BlackRock, Inc. reduced its position by 183,978 shares, now holding 6,475,456 shares worth approximately $925.02 million. Boston Partners added 289,710 shares, bringing its total to 2,794,400 shares valued at $399.25 million. Meanwhile, First Trust Advisors LP trimmed its holdings by 246,788 shares, resulting in 2,407,814 shares valued at $343.96 million.

Check Point Software Technologies Ltd. Stock Down 6.5%

Shares of Check Point Software (NasdaqGS: CHKP) traded near $124.06. The company has a market capitalization of $12.91 billion and a P/E ratio of 12.76. Its forward P/E is 10.86, and the stock has a beta of 0.489, indicating relatively low volatility. Over the past 52 weeks, the stock has ranged from $112.23 to $232.07. It also has a 50-day moving average of $130.93 and a 200-day moving average of $170.07.

Recent Earnings

Check Point Software reported revenue of $2.76 billion, reflecting a growth rate of 4.8%. The company's net margin stands at 38.37%, with a return on equity of 38.02%. The next earnings announcement is scheduled for August 6, 2026.

Analysts Set New Price Targets

On May 4, 2026, Citigroup maintained its hold rating on Check Point Software, setting a price target of $125. BMO Capital also maintained a buy rating with a target of $135. UBS and Scotiabank both maintained hold ratings with targets of $130 and $125, respectively. The consensus among 31 analysts is a buy recommendation, with a mean target price of $144.32.

About Check Point Software

Check Point Software Technologies Ltd. is a global leader in IT security, offering a wide range of products and services designed to protect against cyber threats. Headquartered in Tel Aviv-Yafo, Israel, the company provides solutions for cloud, network, mobile devices, and endpoints. With a workforce of 6,825 employees, Check Point is led by CEO Brig. Gen. Nadav Zafrir.

Bottom Line

Jerry Ungerman's sale of Check Point Software shares is part of routine insider activity and was pre-planned. Investors often track such filings for insights into management's outlook. Check Point Software remains a significant player in the cybersecurity industry, with analysts maintaining a generally positive outlook. Keep in mind that insider transactions are disclosed after they occur, and may not reflect current positions.