Check Point Software Technologies Ltd. $CHKP Shares Sold by Westfield Capital Management Co. LP

NodeGuardian · 2026-03-07T15:57:20+00:00

Westfield Capital Management drastically cut its stake in Check Point Software by 85.3%, now holding shares worth about $20.58 million. Despite an earnings beat, revenue fell short of estimates, leading to reduced price targets and a "Hold" rating.

NodeGuardian

2026-03-07 15:57:20

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Westfield Capital Management Co. LP significantly reduced its stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 85.3% in Q3, selling over half a million shares. This move leaves the firm with a holding valued at approximately $20.58 million. The report also highlights Check Point’s recent earnings beat, revenue slightly below estimates, and trimmed price targets from several analysts, with a current consensus “Hold” rating.

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