AlTi Global Inc. Grows Holdings in Palo Alto Networks, Inc. $PANW

AlTi Global Inc. grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 62.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,806 shares of the network technology company’s stock after buying an additional 2,607 shares during the quarter. AlTi Global Inc.’s holdings in Palo Alto Networks were worth $1,397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Briaud Financial Planning Inc purchased a new position in shares of Palo Alto Networks during the 2nd quarter valued at approximately $28,000. Dagco Inc. bought a new position in Palo Alto Networks during the first quarter worth $33,000. WPG Advisers LLC bought a new position in Palo Alto Networks during the first quarter worth $37,000. Strategic Investment Solutions Inc. IL lifted its stake in Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares during the last quarter. Finally, Stonebridge Financial Group LLC lifted its stake in Palo Alto Networks by 46.8% during the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after purchasing an additional 74 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Nir Zuk sold 100,000 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This trade represents a 3.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares of the company’s stock, valued at $6,564,943.84. This trade represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock valued at $260,687,367 over the last quarter. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on PANW. Scotiabank increased their target price on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 19th. Bank of America increased their target price on Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. DA Davidson reaffirmed a “buy” rating and issued a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Finally, Sanford C. Bernstein set a $207.00 price target on Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $217.22.

Palo Alto Networks Stock Up 1.0%

NASDAQ:PANW opened at $217.11 on Friday. The business’s 50-day moving average price is $200.79 and its 200 day moving average price is $192.18. The firm has a market cap of $145.22 billion, a P/E ratio of 135.27, a PEG ratio of 5.11 and a beta of 0.98. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $218.23.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.Palo Alto Networks’s revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.