AG2R LA Mondiale Gestion D Actifs Makes New $4.16 Million Investment in Palo Alto Networks, Inc. $PANW

Key Points

• AG2R LA Mondiale Gestion D Actifs has invested approximately $4.16 million in Palo Alto Networks, acquiring 24,374 shares in the first quarter of the year.
• Palo Alto Networks reported $2.54 billion in revenue for the last quarter, exceeding analyst estimates and marking a 15.8% increase year-over-year.
• The stock holds a current market capitalization of $132.66 billion with an average target price of $211.68 from analysts, indicating a Moderate Buy rating.

AG2R LA Mondiale Gestion D Actifs purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 24,374 shares of the network technology company's stock, valued at approximately $4,159,000.

Several other institutional investors and hedge funds also recently modified their holdings of PANW. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Palo Alto Networks in the first quarter valued at approximately $261,000. Strive Asset Management LLC raised its position 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 valued at $358,000 after buying an additional 299 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Palo Alto Networks by 10.8% in the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company's stock valued at $2,410,000 after buying an additional 1,374 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Palo Alto Networks by 8.0% during the first quarter. Nisa Investment Advisors LLC now owns 137,663 shares of the network technology company's stock worth $23,491,000 after purchasing an additional 10,180 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in Palo Alto Networks during the first quarter worth approximately $316,000. Hedge funds and other institutional investors own 79.82% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on PANW shares. Sanford C. Bernstein set a $207.00 price target on shares of Palo Alto Networks and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Stephens reaffirmed an "equal weight" rating and set a $205.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. UBS Group set a $185.00 price objective on shares of Palo Alto Networks and gave the stock a "neutral" rating in a research report on Tuesday, August 12th. Wedbush reissued an "outperform" rating and issued a $225.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Palo Alto Networks from $225.00 to $221.00 and set an "overweight" rating for the company in a research note on Wednesday, May 21st. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Palo Alto Networks has an average rating of "Moderate Buy" and a consensus target price of $211.68.

Palo Alto Networks Trading Down 1.0%

NASDAQ PANW traded down $2.04 during trading hours on Friday, reaching $196.29. 4,429,693 shares of the company traded hands, compared to its average volume of 7,988,031. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $210.39. The stock has a market capitalization of $131.30 billion, a PE ratio of 122.30, a PEG ratio of 4.73 and a beta of 0.98. The company has a 50 day moving average of $188.03 and a two-hundred day moving average of $185.91.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the firm posted $0.75 EPS. The firm's revenue was up 15.8% compared to the same quarter last year. 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 research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $201.85, for a total value of $1,009,250.00. Following the transaction, the executive vice president directly owned 101,135 shares in the company, valued at approximately $20,414,099.75. This trade represents a 4.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 transaction, the chief accounting officer owned 42,033 shares in the company, valued at approximately $8,450,734.65. The trade was a 1.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 569,422 shares of company stock valued at $106,629,618. Corporate insiders own 2.50% of the company's stock.

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.