Thomas Kean Sells Check Point Software Shares

Congressman Thomas Kean sold shares of Check Point Software Technologies valued between $1,001 and $15,000.

Written by EarningsIQ · Published Jun 19, 2026, 10:01 AM EDT · Updated Jun 20, 2026, 5:01 AM EDT

Key Points

Thomas Kean, a member of the U.S. House, sold Check Point Software shares valued between $1,001 and $15,000 on June 1, 2026.
Check Point Software, trading at $122.33, has a market cap of approximately $12.73 billion and a P/E ratio of 12.6.
Major funds like Massachusetts Financial Services and BlackRock adjusted their Check Point holdings recently.

Congressional trading track record

Thomas Kean vs. the S&P 500

YTD return +0.2% hypothetical

All-time return +10.1% S&P 500 +40.8%

vs. S&P 500 -30.7% behind the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

On June 1, 2026, Congressman Thomas Kean sold shares of Check Point Software Technologies Ltd. (NasdaqGS: CHKP) valued between $1,001 and $15,000. This transaction was disclosed on June 19, 2026, as part of the periodic reporting required under the STOCK Act.

Other Institutional Activity in Check Point Software

Several major institutional investors have also made changes to their positions in Check Point Software. Massachusetts Financial Services Co. increased its holdings by 5,051 shares, ending with 7,942,280 shares valued at about $1.18 billion. BlackRock, Inc. reduced its position by 183,978 shares, leaving it with 6,475,456 shares worth approximately $925 million. Boston Partners added 289,710 shares, bringing its total to 2,794,400 shares valued at $399.2 million. Meanwhile, Ninety One UK Ltd increased its holdings by 12,916 shares to a total of 2,562,679 shares, valued at $366.1 million.

Check Point Software Stock Snapshot

Shares of Check Point Software Technologies Ltd. (NasdaqGS: CHKP) recently traded at $122.33. The company has a market capitalization of about $12.73 billion and a P/E ratio of 12.6. Its forward P/E stands at 10.7, with a beta of 0.489, indicating lower volatility compared to the broader market. The stock's 52-week range spans from $112.23 to $232.07, with a 50-day moving average of $128.91 and a 200-day moving average of $168.69.

Recent Earnings

In its most recent earnings report, Check Point Software Technologies posted revenue of $2.76 billion, reflecting a growth of 4.8%. The company achieved a net margin of 38.4% and a return on equity of 38%. Its earnings per share (EPS) was $9.72. The next earnings release is expected on August 6, 2026.

Insider Buying and Selling at Check Point Software Technologies Ltd.

Recent insider activity at Check Point Software included several sales. On June 11, 2026, Shavit Shenhav Tal sold 25,000 shares at an average price of $114.23, and another planned sale of 25,000 shares at $123.07. Jerry Ungerman also sold 25,000 shares at $114.23 and another planned 25,000 at $122.55 on the same day. On June 2, 2026, Yoav Chelouche executed a sale of 25,000 shares at $114.23 and another planned sale of 25,000 shares at $140.28.

Analysts Set New Price Targets

Analysts have maintained their ratings on Check Point Software. On May 4, 2026, Citigroup maintained a 'hold' rating with a $125 price target, while BMO Capital maintained a 'buy' rating with a target of $135. UBS and Scotiabank also maintained 'hold' ratings with targets of $130 and $125, respectively. The consensus rating remains a 'buy' with a mean target price of $144.32.

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. is a global leader in IT security, based in Tel Aviv-Yafo, Israel. The company provides a comprehensive range of products and services, including firewall solutions, threat intelligence, and cybersecurity management. Under the leadership of CEO Brig. Gen. Nadav Zafrir, Check Point serves enterprises worldwide with a team of 6,825 employees.

Bottom Line

Thomas Kean's recent sale of Check Point Software shares is part of regular disclosures required for members of Congress. Investors often track such transactions for insights into potential trends. Check Point Software remains a significant player in the cybersecurity sector, with stable earnings and active institutional interest. As always, 13F filings and congressional disclosures reflect past actions and may not indicate current positions.