Barden Capital Management Inc. Acquires Shares of 5,116 Palo Alto Networks, Inc. $PANW

Key Points

• Barden Capital Management acquired 5,116 Palo Alto Networks shares worth approximately $1.745 million, making PANW its 12th-largest portfolio holding. Institutional investors collectively own 79.82% of the company.
• Palo Alto Networks reported quarterly revenue of $3 billion, up 31.1% year over year, and EPS of $0.85, exceeding analysts’ $0.79 estimate.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $339.61, although the stock recently traded near its 12-month high and insiders have sold more than $27 million in shares over 90 days.

Barden Capital Management Inc. acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,116 shares of the network technology company's stock, valued at approximately $1,745,000. Palo Alto Networks comprises about 1.6% of Barden Capital Management Inc.'s portfolio, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks during the 2nd quarter worth about $25,000. Knuff & Co LLC acquired a new stake in Palo Alto Networks during the fourth quarter worth about $26,000. Sittner & Nelson LLC raised its position in Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company's stock valued at $27,000 after acquiring an additional 62 shares in the last quarter. Luken Investment Analytics LLC lifted its holdings in Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company's stock valued at $28,000 after acquiring an additional 102 shares during the period. Finally, WHI TRUST Co LLC purchased a new stake in Palo Alto Networks in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 79.82% of the company's stock.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $384.27 on Monday. The business has a 50 day simple moving average of $328.02 and a two-hundred day simple moving average of $235.70. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88. The stock has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a PEG ratio of 12.89 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm's quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, analysts predict that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other news, 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 completion of the transaction, the executive vice president directly owned 145,250 shares in the company, valued at approximately $42,058,590. This represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the sale, the chief accounting officer owned 81,636 shares of the company's stock, valued at approximately $23,272,790.88. This represents a 1.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 101,239 shares of company stock worth $27,174,360. Corporate insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Piper Sandler reiterated an "overweight" rating and issued a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Argus set a $425.00 price target on shares of Palo Alto Networks in a research report on Tuesday, July 21st. Wolfe Research reaffirmed an "outperform" rating and issued a $320.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. JPMorgan Chase & Co. upped their price objective on shares of Palo Alto Networks from $200.00 to $300.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. Finally, Barclays reissued an "overweight" rating and set a $370.00 target price (up from $315.00) on shares of Palo Alto Networks in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks has an average rating of "Moderate Buy" and an average price target of $339.61.

Palo Alto Networks Company Profile

Palo Alto Networks NASDAQ: PANW is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company's product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

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