Eurizon SLJ Capital Ltd Buys Shares of 1,921 Palo Alto Networks, Inc. $PANW

Eurizon SLJ Capital Ltd bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,921 shares of the network technology company’s stock, valued at approximately $354,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PANW. Brighton Jones LLC boosted its holdings in Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC boosted its holdings in Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after purchasing an additional 3,275 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Palo Alto Networks by 66.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after purchasing an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. boosted its holdings in Palo Alto Networks by 11,100.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after purchasing an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in Palo Alto Networks by 6.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock valued at $900,000 after purchasing an additional 249 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Palo Alto Networks

In related news, Director James J. Goetz sold 22,684 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the sale, the director directly owned 52,500 shares of the company’s stock, valued at $8,631,525. This represents a 30.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 93,660 shares of company stock worth $21,346,475. 1.40% of the stock is owned by company insiders.

More Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

  • Positive Sentiment: Several Wall Street firms lifted their price targets on Palo Alto Networks, including Morgan Stanley, Evercore, Wedbush, Benchmark, Wells Fargo, BTIG, and Mizuho, reinforcing expectations for continued growth and keeping sentiment constructive. Morgan Stanley raises price target
  • Positive Sentiment: Recent coverage continues to highlight Palo Alto Networks’ strong platform momentum and growing ARR, suggesting investors see room for further upside if upcoming earnings confirm the trend. ARR growth article
  • Neutral Sentiment: Analysts and media are also debating whether the company’s AI security leadership is a durable competitive advantage or mostly a narrative, which adds uncertainty but does not appear to be the main driver today. AI security narrative article
  • Negative Sentiment: EVP Lee Klarich sold 62,904 shares, a move some investors may interpret cautiously, although he still retains a meaningful stake in the company. Insider sale article
  • Negative Sentiment: Some analysts remain cautious on near-term fundamentals, pointing to rising acquisition costs, share dilution, and a mixed outlook heading into Q3 earnings. Q3 earnings outlook article

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. BMO Capital Markets boosted their target price on shares of Palo Alto Networks from $200.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. Stifel Nicolaus boosted their target price on shares of Palo Alto Networks from $185.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Needham & Company LLC decreased their price objective on shares of Palo Alto Networks from $230.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. Robert W. Baird upped their price objective on shares of Palo Alto Networks from $220.00 to $265.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Finally, DA Davidson set a $190.00 price objective on shares of Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $235.09.

Check Out Our Latest Analysis on PANW

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $281.69 on Friday. The firm’s 50 day moving average price is $192.58 and its 200-day moving average price is $183.96. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $283.71. The firm has a market cap of $229.86 billion, a P/E ratio of 155.63, a P/E/G ratio of 9.29 and a beta of 0.77.

Palo Alto Networks Profile

(Free Report)

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next?generation firewalls as a core on?premises capability, alongside cloud?delivered security services and software for securing public and private clouds.

Further Reading

Want to see what other hedge funds are holding PANW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palo Alto Networks, Inc. (NASDAQ:PANWFree Report).

Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter.