Titleist Asset Management LLC Grows Position in Palo Alto Networks, Inc. $PANW

Titleist Asset Management LLC boosted its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 18.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,195 shares of the network technology company’s stock after purchasing an additional 489 shares during the period. Titleist Asset Management LLC’s holdings in Palo Alto Networks were worth $654,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Palo Alto Networks by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 64,016,374 shares of the network technology company’s stock worth $13,100,311,000 after acquiring an additional 1,240,830 shares during the last quarter. Geode Capital Management LLC increased its stake in Palo Alto Networks by 1.1% in the second quarter. Geode Capital Management LLC now owns 15,174,029 shares of the network technology company’s stock worth $3,093,262,000 after purchasing an additional 169,055 shares during the period. Goldman Sachs Group Inc. increased its stake in Palo Alto Networks by 41.9% in 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 purchasing an additional 2,134,735 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position 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 purchasing an additional 950,765 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Palo Alto Networks in the first quarter worth about $810,047,000. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 1.2%

Shares of PANW stock opened at $182.90 on Monday. The firm has a market cap of $127.48 billion, a price-to-earnings ratio of 115.76, a PEG ratio of 4.29 and a beta of 0.95. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The company’s 50 day moving average is $208.77 and its 200 day moving average is $197.44.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Wednesday, November 19th. The network technology company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Palo Alto Networks had a return on equity of 17.05% and a net margin of 11.69%.The company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter in the prior year, the business earned $1.56 earnings per share. Palo Alto Networks’s 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. Analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the transaction, the chief accounting officer directly owned 47,505 shares in the company, valued at approximately $10,449,674.85. The trade was a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were 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 of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,215,130 shares of company stock worth $249,031,488 over the last ninety days. 1.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Scotiabank lifted their price objective on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 target price on shares of Palo Alto Networks in a research report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and issued a $240.00 price target (up previously from $236.00) on shares of Palo Alto Networks in a report on Thursday. Evercore ISI increased their price objective on Palo Alto Networks from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Finally, KeyCorp downgraded Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Thirty equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus price target of $225.09.

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.