75,499 Shares in Palo Alto Networks, Inc. $PANW Acquired by Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD

Key Points

• Kranot Hishtalmut Le Morim Tichoniim acquired 75,499 Palo Alto Networks shares worth approximately $25.7 million, making PANW its fifth-largest holding at 3.2% of the portfolio. Institutional investors collectively own 79.82% of the company.
• Palo Alto Networks reported quarterly EPS of $1.02, exceeding estimates of $0.98, while revenue rose 34.5% year over year to $3.41 billion. The company issued fiscal 2027 EPS guidance of $4.16 to $4.19.
• Wall Street remains broadly positive, with 39 analysts rating PANW a Buy and 10 a Hold; the consensus rating is “Moderate Buy” with an average price target of $385.67. However, insiders sold 38,258 shares worth $11.1 million during the last quarter.

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 75,499 shares of the network technology company's stock, valued at approximately $25,747,000. Palo Alto Networks makes up about 3.2% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD's holdings, making the stock its 5th largest holding.

Other institutional investors also recently modified their holdings of the company. Solstein Capital LLC bought a new stake in shares of Palo Alto Networks during the 2nd quarter worth $26,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Palo Alto Networks during the second quarter valued at $27,000. Delos Wealth Advisors LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at $28,000. Principia Wealth Advisory LLC boosted its position in shares of Palo Alto Networks by 125.0% in the 2nd quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company's stock valued at $28,000 after purchasing an additional 45 shares during the period. Finally, EMC Capital Management purchased a new position in Palo Alto Networks in the 2nd quarter worth about $34,000. Institutional investors own 79.82% of the company's stock.

Insiders Place Their Bets

In other Palo Alto Networks news, Director Aparna Bawa sold 290 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total value of $101,134.60. Following the completion of the sale, the director directly owned 6,437 shares in the company, valued at $2,244,839.38. The trade was a 4.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 38,258 shares of company stock worth $11,050,673 in the last quarter. Corporate insiders own 1.40% of the company's stock.

Palo Alto Networks Trading Up 1.1%

NASDAQ PANW opened at $336.98 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.06. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $398.88. The firm's fifty day simple moving average is $350.13 and its 200-day simple moving average is $257.94. The company has a market capitalization of $274.64 billion, a PE ratio of 660.76, a price-to-earnings-growth ratio of 9.62 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.04. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%.The firm had revenue of $3.41 billion during the quarter, compared to analysts' expectations of $3.35 billion. During the same quarter last year, the firm earned $0.95 earnings per share. The business's revenue for the quarter was up 34.5% on a year-over-year basis. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. As a group, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PANW has been the subject of several recent analyst reports. Stifel Nicolaus set a $415.00 target price on shares of Palo Alto Networks and gave the stock a "buy" rating in a report on Wednesday, August 19th. Benchmark raised their price objective on shares of Palo Alto Networks from $340.00 to $400.00 and gave the stock a "buy" rating in a research note on Monday, August 24th. Argus reissued a "buy" rating and set a $425.00 target price on shares of Palo Alto Networks in a research note on Thursday, September 3rd. Royal Bank Of Canada raised their target price on Palo Alto Networks from $434.00 to $475.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 2nd. Finally, Piper Sandler reiterated an "overweight" rating and set a $410.00 price target (up from $345.00) on shares of Palo Alto Networks in a report on Wednesday, September 2nd. Thirty-nine investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $385.67.

Palo Alto Networks Profile

Palo Alto Networks, Inc is a cybersecurity company that provides security products and services to businesses, governments and other organizations worldwide. The company helps customers protect networks, cloud environments, endpoints, applications and connected devices from cyber threats.

Its portfolio includes next-generation firewalls and network security technologies, as well as cloud-delivered security solutions such as Prisma Access and Prisma Cloud. Palo Alto Networks also offers Cortex products for endpoint protection, security operations, threat detection and response, and automation.

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