Los Angeles Capital Management LLC Has $3.50 Million Holdings in Palo Alto Networks, Inc. $PANW

Los Angeles Capital Management LLC grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 17.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,098 shares of the network technology company’s stock after acquiring an additional 2,600 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Palo Alto Networks were worth $3,499,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PANW. Vanguard Group Inc. lifted its stake in Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after purchasing an additional 1,541,637 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Palo Alto Networks by 16.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock worth $1,177,765,000 after buying an additional 950,765 shares in the last quarter. Nuveen LLC bought a new position in shares of Palo Alto Networks in the 1st quarter valued at $810,047,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Palo Alto Networks by 5.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock valued at $754,576,000 after acquiring an additional 219,111 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $216.54 on Tuesday. The company’s 50 day moving average price is $207.68 and its 200-day moving average price is $196.47. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The company has a market capitalization of $144.84 billion, a P/E ratio of 134.92, a price-to-earnings-growth ratio of 5.05 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the firm 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. Analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

PANW has been the subject of a number of recent research reports. Morgan Stanley upped their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Piper Sandler upgraded Palo Alto Networks from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $200.00 to $225.00 in a report on Tuesday, August 12th. UBS Group set a $245.00 price objective on shares of Palo Alto Networks in a report on Friday, September 26th. Citigroup reissued an “outperform” rating on shares of Palo Alto Networks in a report on Monday, October 27th. Finally, Jefferies Financial Group set a $235.00 price target on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $218.55.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $217.94, for a total transaction of $26,321,485.56. Following the transaction, the executive vice president directly owned 356,409 shares in the company, valued at approximately $77,675,777.46. This represents a 25.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at $56,119,152.78. This represents a 75.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,215,830 shares of company stock worth $249,160,428 in the last quarter. 2.50% of the stock is currently owned by company insiders.

Palo Alto Networks Company 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.