International Assets Investment Management LLC Has $4.71 Million Stake in Palo Alto Networks, Inc. $PANW

International Assets Investment Management LLC grew its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 13.2% in the first quarter, Holdings Channel.com reports. The firm owned 29,290 shares of the network technology company’s stock after purchasing an additional 3,405 shares during the period. International Assets Investment Management LLC’s holdings in Palo Alto Networks were worth $4,706,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PANW. Norges Bank purchased a new position in Palo Alto Networks during the 4th quarter valued at about $1,415,364,000. Vanguard Group Inc. lifted its holdings in shares of Palo Alto Networks by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after buying an additional 2,659,100 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Palo Alto Networks by 11.9% in the 4th quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock valued at $3,568,964,000 after buying an additional 2,065,776 shares in the last quarter. Employees Provident Fund Board bought a new stake in Palo Alto Networks in the fourth quarter worth approximately $281,542,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Palo Alto Networks during the 4th quarter worth $164,968,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 3.7%

PANW stock traded down $12.40 during trading on Friday, hitting $325.91. The company had a trading volume of 4,677,069 shares, compared to its average volume of 7,047,614. The firm has a 50-day moving average price of $274.08 and a 200-day moving average price of $206.64. The stock has a market cap of $265.62 billion, a price-to-earnings ratio of 267.14, a PEG ratio of 12.10 and a beta of 0.91. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $368.17. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the business posted $0.37 EPS. The firm’s quarterly revenue was up 31.1% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. HSBC upped their price objective on shares of Palo Alto Networks from $114.00 to $207.00 in a report on Thursday, June 4th. JPMorgan Chase & Co. increased their price target on Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Oppenheimer upped their price objective on shares of Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Scotiabank reissued a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Capital One Financial raised their price target on Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average price target of $318.65.

Insider Buying and Selling

In related news, CAO Josh D. Paul sold 900 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the transaction, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at approximately $27,477,180. This represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total value of $242,795.00. Following the completion of the sale, the director owned 5,898 shares in the company, valued at approximately $2,045,721.30. This trade represents a 10.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is owned by company insiders.

About Palo Alto Networks

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.