Clough Capital Partners L P Has $12.70 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Clough Capital Partners L P increased its stake in Palo Alto Networks by 58.7% in Q1, holding 74,410 shares valued at approximately $12.7 million.
• Other institutional investors like Nuveen LLC and Goldman Sachs Group Inc. also significantly increased their positions in Palo Alto Networks, reflecting strong investor interest.
• Palo Alto Networks reported a quarterly revenue of $2.54 billion, exceeding analysts' estimates, with a year-over-year revenue growth of 15.8%.

Clough Capital Partners L P grew its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 58.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,410 shares of the network technology company's stock after acquiring an additional 27,530 shares during the period. Palo Alto Networks comprises approximately 1.6% of Clough Capital Partners L P's holdings, making the stock its 26th biggest position. Clough Capital Partners L P's holdings in Palo Alto Networks were worth $12,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Capital A Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter valued at about $29,000. HWG Holdings LP acquired a new position in shares of Palo Alto Networks in the 1st quarter valued at about $31,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the 1st quarter valued at about $33,000. SWAN Capital LLC boosted its holdings in shares of Palo Alto Networks by 100.0% in the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after buying an additional 100 shares during the period. Finally, WPG Advisers LLC acquired a new position in shares of Palo Alto Networks in the 1st quarter valued at about $37,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the company a "buy" rating in a report on Tuesday, August 19th. Piper Sandler upgraded shares of Palo Alto Networks from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, July 29th. Westpark Capital reiterated a "hold" rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Morgan Stanley lifted their price objective on shares of Palo Alto Networks from $205.00 to $210.00 and gave the company an "overweight" rating in a research report on Wednesday, August 20th. Twenty-eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Palo Alto Networks currently has a consensus rating of "Moderate Buy" and an average target price of $211.52.

Palo Alto Networks Stock Performance

Shares of PANW stock traded down $0.50 during midday trading on Friday, reaching $190.52. 5,189,897 shares of the company were exchanged, compared to its average volume of 11,148,018. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $210.39. The company has a market cap of $127.04 billion, a P/E ratio of 118.70, a PEG ratio of 4.55 and a beta of 0.94. The company's 50 day moving average price is $189.39 and its two-hundred day moving average price is $186.10.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks's revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, sell-side analysts predict 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 Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares of the company's stock, valued at $543,199,564.80. The trade was a 3.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the transaction, the executive vice president directly owned 101,135 shares in the company, valued at $20,414,099.75. This represents a 4.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 669,422 shares of company stock worth $126,452,337. 2.50% of the stock is currently owned by company insiders.

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.