1,378 Shares in Palo Alto Networks, Inc. $PANW Purchased by Clarity Capital Partners LLC

Key Points

• Clarity Capital Partners LLC acquired 1,378 shares of Palo Alto Networks, valued at approximately $282,000, marking a significant new investment during Q2.
• Several institutional investors, including Vanguard Group and Goldman Sachs, have increased their holdings in Palo Alto Networks, showing strong institutional interest with 79.82% of the company's stock now owned by such investors.
• Palo Alto Networks reported better-than-expected earnings of $0.95 per share for Q2, alongside a revenue of $2.54 billion, which was up 15.8% year-over-year.

Clarity Capital Partners LLC purchased a new position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,378 shares of the network technology company's stock, valued at approximately $282,000.

Several other institutional investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Palo Alto Networks by 2.5% in the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company's stock worth $10,712,019,000 after acquiring an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of 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 acquiring an additional 2,134,735 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Palo Alto Networks by 16.0% in 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 acquiring an additional 950,765 shares in the last quarter. Nuveen LLC acquired a new position in shares of Palo Alto Networks in the first quarter worth about $810,047,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Palo Alto Networks by 5.2% during the first 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 buying an additional 219,111 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company's stock.

Insider Activity

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president owned 177,954 shares of the company's stock, valued at $34,008,788.94. The trade was a 40.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 value of $172,718,016.48. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 1,315,130 shares of company stock worth $259,351,606 over the last ninety days. 2.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

PANW has been the topic of several research reports. Scotiabank upped their price objective on Palo Alto Networks from $225.00 to $228.00 and gave the company a "sector outperform" rating in a research note on Tuesday, August 19th. Bank of America upgraded Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 price objective on the stock in a research note on Tuesday, August 19th. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the company a "buy" rating in a research note on Tuesday, August 19th. Wedbush restated an "outperform" rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Monday, September 15th. Finally, Tigress Financial initiated coverage on Palo Alto Networks in a research note on Friday, September 26th. They set a "buy" rating and a $245.00 price objective on the stock. Thirty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Palo Alto Networks currently has a consensus rating of "Moderate Buy" and an average target price of $214.64.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $207.19 on Friday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $212.10. The firm has a market capitalization of $138.59 billion, a price-to-earnings ratio of 129.09, a price-to-earnings-growth ratio of 4.98 and a beta of 0.98. The business has a 50 day simple moving average of $190.20 and a 200 day simple moving average of $188.20.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm's revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $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, equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks 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.

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