Mizuho Securities Co. Ltd. Sells 810 Shares of Palo Alto Networks, Inc. $PANW

Mizuho Securities Co. Ltd. lowered its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 45.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 970 shares of the network technology company’s stock after selling 810 shares during the quarter. Palo Alto Networks comprises 0.7% of Mizuho Securities Co. Ltd.’s portfolio, making the stock its 26th largest holding. Mizuho Securities Co. Ltd.’s holdings in Palo Alto Networks were worth $199,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Palo Alto Networks during the 1st quarter valued at approximately $261,000. Strive Asset Management LLC grew its stake in shares of Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after acquiring an additional 299 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its position in Palo Alto Networks by 25.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock worth $41,957,000 after acquiring an additional 41,392 shares during the period. Whipplewood Advisors LLC raised its stake in Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 128 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in Palo Alto Networks by 9.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock valued at $8,164,000 after purchasing an additional 3,351 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 0.5%

PANW stock opened at $199.90 on Thursday. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61. The business’s 50 day moving average is $209.31 and its 200-day moving average is $197.43. The firm has a market cap of $136.73 billion, a P/E ratio of 124.55, a P/E/G ratio of 4.78 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Wednesday, November 19th. The network technology company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.89 by $0.04. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the previous year, the firm earned $1.56 EPS. Palo Alto Networks’s quarterly revenue was up 15.7% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. Sell-side analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the sale, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,215,130 shares of company stock valued at $249,031,488. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PANW. Rosenblatt Securities boosted their price objective on shares of Palo Alto Networks from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday. Stephens restated an “equal weight” rating and set a $205.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. JMP Securities raised their price objective on Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a research report on Monday, October 27th. BMO Capital Markets lifted their price objective on Palo Alto Networks from $225.00 to $230.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Wedbush restated an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research report on Monday, September 15th. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $224.22.

About Palo Alto Networks

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.