CW Advisors LLC boosted its position in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 9.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 117,000 shares of the network technology company’s stock after purchasing an additional 10,365 shares during the period. CW Advisors LLC’s holdings in Palo Alto Networks were worth $20,026,000 as of its most recent filing with the SEC.
Several other hedge funds have also bought and sold shares of PANW. Nuveen LLC acquired a new stake in Palo Alto Networks in the 1st quarter valued at about $810,047,000. Northern Trust Corp raised its holdings in Palo Alto Networks by 133.7% in the 4th quarter. Northern Trust Corp now owns 7,842,647 shares of the network technology company’s stock valued at $1,427,048,000 after acquiring an additional 4,486,654 shares during the period. Nuveen Asset Management LLC raised its holdings in Palo Alto Networks by 98.0% in the 4th quarter. Nuveen Asset Management LLC now owns 6,158,580 shares of the network technology company’s stock valued at $1,120,615,000 after acquiring an additional 3,047,625 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Palo Alto Networks by 92.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,951,283 shares of the network technology company’s stock valued at $1,082,895,000 after acquiring an additional 2,862,718 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Palo Alto Networks by 18,802.8% in the 1st quarter. GAMMA Investing LLC now owns 2,410,290 shares of the network technology company’s stock valued at $411,292,000 after acquiring an additional 2,397,539 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Palo Alto Networks
In related news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the sale, the executive vice president owned 101,135 shares in the company, valued at approximately $20,414,099.75. This trade represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Nir Zuk sold 100,000 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the sale, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 669,248 shares of company stock worth $126,423,337 in the last three months. Company insiders own 2.50% of the company’s stock.
Palo Alto Networks Trading Up 1.6%
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter last year, the business posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.
Analyst Ratings Changes
Several research analysts have weighed in on PANW shares. DA Davidson reissued a “buy” rating and issued a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday. Royal Bank Of Canada reissued an “outperform” rating and issued a $232.00 price target on shares of Palo Alto Networks in a report on Tuesday. Northland Securities lowered their target price on shares of Palo Alto Networks from $210.00 to $177.00 and set a “market perform” rating on the stock in a report on Wednesday, May 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 target price on shares of Palo Alto Networks in a report on Tuesday. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $212.00 target price on shares of Palo Alto Networks in a report on Tuesday. Twenty-eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and a consensus target price of $211.52.
Read Our Latest Analysis on PANW
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.
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