Palo Alto Networks, Inc. $PANW Stock Bought by Vise Technologies Inc.

Vise Technologies Inc. grew its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 47.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 30,973 shares of the network technology company’s stock after acquiring an additional 9,963 shares during the period. Vise Technologies Inc.’s holdings in Palo Alto Networks were worth $12,306,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Investment Partners LTD. raised its holdings in Palo Alto Networks by 96.5% during the 3rd quarter. Investment Partners LTD. now owns 3,179 shares of the network technology company’s stock worth $1,263,000 after buying an additional 1,561 shares during the period. Blue Fin Capital Inc. boosted its holdings in shares of Palo Alto Networks by 54.2% in the third quarter. Blue Fin Capital Inc. now owns 4,740 shares of the network technology company’s stock valued at $1,883,000 after buying an additional 1,666 shares during the period. Summit Global Investments acquired a new position in shares of Palo Alto Networks in the third quarter valued at approximately $1,671,000. MGO One Seven LLC increased its position in shares of Palo Alto Networks by 4.0% during the third quarter. MGO One Seven LLC now owns 27,851 shares of the network technology company’s stock worth $11,065,000 after acquiring an additional 1,075 shares in the last quarter. Finally, Sagace Wealth Management LLC bought a new stake in shares of Palo Alto Networks during the third quarter worth $274,000. Institutional investors own 79.82% of the company’s stock.

Insider Activity

In related news, Director John P. Key sold 2,500 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $376.03, for a total value of $940,075.00. Following the sale, the director owned 10,000 shares in the company, valued at approximately $3,760,300. This represents a 20.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Aparna Bawa sold 1,000 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $373.61, for a total value of $373,610.00. Following the sale, the director directly owned 5,437 shares of the company’s stock, valued at $2,031,317.57. This represents a 15.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 54,210 shares of company stock valued at $20,823,029. 0.55% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on PANW. Barclays reaffirmed an “overweight” rating and issued a $375.00 price objective (up from $370.00) on shares of Palo Alto Networks in a research report on Wednesday, September 2nd. Morgan Stanley set a $410.00 target price on Palo Alto Networks and gave the stock an “overweight” rating in a report on Monday, September 21st. Susquehanna lifted their price target on Palo Alto Networks from $350.00 to $415.00 and gave the company a “positive” rating in a research note on Wednesday, September 2nd. UBS Group restated a “neutral” rating and issued a $390.00 price target (up from $300.00) on shares of Palo Alto Networks in a report on Wednesday, August 19th. Finally, Evercore reaffirmed an “outperform” rating on shares of Palo Alto Networks in a research report on Monday, August 31st. Thirty-nine investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average target price of $398.55.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $365.87 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.87 and a current ratio of 0.87. The stock has a 50 day moving average price of $372.15 and a 200 day moving average price of $269.89. The stock has a market capitalization of $299.56 billion, a PE ratio of 717.41, a price-to-earnings-growth ratio of 10.49 and a beta of 0.96. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $432.33.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, September 1st. The network technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.04. The business had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. The firm’s revenue was up 34.5% on a year-over-year basis. During the same period last year, the business earned $0.95 earnings per share. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. Analysts predict that Palo Alto Networks, Inc. will post 2.32 earnings per share for the current fiscal year.

Palo Alto Networks Profile

Palo Alto Networks, Inc (NASDAQ:PANW) is a global cybersecurity company that helps organizations protect networks, cloud environments, endpoints, and digital infrastructure. Its offerings are designed to prevent cyberattacks, identify security risks, monitor activity, and support incident response across enterprise, government, and service-provider environments.

The company’s portfolio includes network security products such as next-generation firewalls and security operations tools; Prisma, its cloud security platform; and Cortex, a suite focused on endpoint protection, threat detection, security analytics, and automated response.