Ameliora Wealth Management Ltd. Lowers Stock Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Ameliora Wealth Management Ltd. reduced its stake in Palo Alto Networks by 24.2% in Q2, holding 4,275 shares valued at approximately $875,000 after selling 1,365 shares.
• Palo Alto Networks CEO Nikesh Arora sold over 846,000 shares in a transaction worth approximately $172.7 million, reducing his stake by 75.48% to 275,013 shares.
• Analysts have generally rated Palo Alto Networks as a "Moderate Buy," with a consensus price target of $214.64, reflecting positive market expectations.

Ameliora Wealth Management Ltd. lowered its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 24.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,275 shares of the network technology company's stock after selling 1,365 shares during the period. Ameliora Wealth Management Ltd.'s holdings in Palo Alto Networks were worth $875,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PANW. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Palo Alto Networks during the 1st quarter worth $261,000. Strive Asset Management LLC raised its position in Palo Alto Networks by 16.6% during the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company's stock valued at $358,000 after purchasing an additional 299 shares in the last quarter. GAMMA Investing LLC lifted its stake in Palo Alto Networks by 10.8% during the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company's stock worth $2,410,000 after purchasing an additional 1,374 shares during the last quarter. Czech National Bank lifted its stake in Palo Alto Networks by 6.4% during the second quarter. Czech National Bank now owns 161,840 shares of the network technology company's stock worth $33,119,000 after purchasing an additional 9,766 shares during the last quarter. Finally, Avity Investment Management Inc. boosted its holdings in shares of Palo Alto Networks by 37.9% in the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company's stock worth $37,181,000 after purchasing an additional 49,971 shares in the last quarter. Institutional investors own 79.82% of the company's stock.

Insiders Place Their Bets

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the business's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares of the company's stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares of the company's stock, valued at $6,564,943.84. This trade represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,194,356 shares of company stock valued at $235,092,941 over the last quarter. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Trading Up 2.6%

Shares of NASDAQ:PANW opened at $212.58 on Tuesday. The company has a 50-day moving average price of $190.36 and a 200-day moving average price of $188.45. The company has a market cap of $142.19 billion, a price-to-earnings ratio of 132.45, a price-to-earnings-growth ratio of 4.93 and a beta of 0.98. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $213.85.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The company 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 quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the firm earned $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on PANW shares. Bank of America raised Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 price objective on the stock in a report on Tuesday, August 19th. Tigress Financial started coverage on shares of Palo Alto Networks in a research note on Friday, September 26th. They set a "buy" rating and a $245.00 price target on the stock. DA Davidson reaffirmed a "buy" rating and issued a $215.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Rosenblatt Securities reduced their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating on the stock in a report on Thursday, August 14th. Finally, JMP Securities reissued a "market outperform" rating and issued a $212.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $214.64.

Palo Alto Networks Company 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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