Dupont Capital Management Corp Boosts Stake in Palo Alto Networks, Inc. $PANW

Key Points

• Dupont Capital Management Corp increased its stake in Palo Alto Networks by 34.5% during the second quarter, owning a total of 39,238 shares now valued at approximately $8,030,000.
• Insider trading activity includes CAO Josh D. Paul selling 700 shares, while EVP Dipak Golechha sold 5,000 shares, reflecting a decrease in their ownership stakes.
• Palo Alto Networks reported a quarterly earnings of $0.95 per share, exceeding estimates, with a revenue of $2.54 billion, marking a 15.8% year-over-year growth.

Dupont Capital Management Corp boosted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 34.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,238 shares of the network technology company's stock after buying an additional 10,072 shares during the period. Dupont Capital Management Corp's holdings in Palo Alto Networks were worth $8,030,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the sale, the chief accounting officer directly owned 32,474 shares of the company's stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the sale, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 in the last three months. Company insiders own 2.50% of the company's stock.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $211.82 on Tuesday. The stock's fifty day moving average price is $197.67 and its 200 day moving average price is $191.00. The company has a market cap of $141.69 billion, a price-to-earnings ratio of 131.98, a PEG ratio of 4.94 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share 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 the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period last 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. Research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Mizuho increased their price objective on Palo Alto Networks from $210.00 to $220.00 and gave the company an "outperform" rating in a report on Friday. UBS Group set a $245.00 price objective on Palo Alto Networks in a report on Friday, September 26th. Westpark Capital reiterated a "hold" rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. KeyCorp downgraded Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $232.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $216.60.

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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