Ransom Advisory Ltd bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,650 shares of the network technology company’s stock, valued at approximately $793,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PANW. Csenge Advisory Group lifted its stake in Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after purchasing an additional 53 shares during the last quarter. GSG Advisors LLC lifted its stake in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after purchasing an additional 54 shares during the last quarter. SYM FINANCIAL Corp lifted its stake in Palo Alto Networks by 1.4% in the first quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock valued at $691,000 after buying an additional 55 shares during the last quarter. Crew Capital Management Ltd. lifted its stake in Palo Alto Networks by 2.5% in the first quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock valued at $394,000 after buying an additional 57 shares during the last quarter. Finally, TFB Advisors LLC lifted its stake in Palo Alto Networks by 1.9% in the first quarter. TFB Advisors LLC now owns 3,084 shares of the network technology company’s stock valued at $526,000 after buying an additional 58 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Palo Alto Networks news, CAO Josh D. Paul sold 800 shares of the firm’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $201.05, for a total transaction of $160,840.00. Following the completion of the sale, the chief accounting officer directly owned 42,033 shares in the company, valued at approximately $8,450,734.65. This trade represents a 1.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $201.85, for a total value of $1,009,250.00. Following the sale, the executive vice president owned 101,135 shares of the company’s stock, valued at $20,414,099.75. The trade was a 4.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 569,422 shares of company stock worth $106,629,618. Company insiders own 2.50% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on Palo Alto Networks
Palo Alto Networks Trading Up 0.1%
Shares of PANW opened at $197.55 on Wednesday. The business’s 50-day moving average price is $188.19 and its 200 day moving average price is $185.75. The stock has a market capitalization of $132.14 billion, a P/E ratio of 123.08, a P/E/G ratio of 4.71 and a beta of 0.98. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $210.39.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its quarterly 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 firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations 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% 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, research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.
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.
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