George Kaiser Family Foundation Invests $268,000 in Palo Alto Networks, Inc. $PANW

Key Points

• The George Kaiser Family Foundation acquired a new stake in Palo Alto Networks, Inc., purchasing 1,572 shares worth approximately $268,000 in the first quarter of the year.
• Multiple institutional investors have increased their holdings in Palo Alto Networks, with overall institutional ownership now at 79.82%.
• Recent insider trading included significant sales by executives, with EVP Nir Zuk selling 100,000 shares for over $17 million, and EVP Lee Klarich selling approximately 120,774 shares for nearly $23.6 million.

George Kaiser Family Foundation bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,572 shares of the network technology company's stock, valued at approximately $268,000.

Several other institutional investors and hedge funds have also bought and sold shares of PANW. Brighton Jones LLC lifted its stake in Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in shares of Palo Alto Networks by 115.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company's stock worth $8,004,000 after acquiring an additional 23,586 shares during the last quarter. Bridgewater Associates LP bought a new stake in shares of Palo Alto Networks during the 4th quarter worth $567,000. Gabelli Funds LLC lifted its holdings in shares of Palo Alto Networks by 93.2% during the 4th quarter. Gabelli Funds LLC now owns 1,590 shares of the network technology company's stock worth $289,000 after acquiring an additional 767 shares during the last quarter. Finally, Cadence Bank lifted its holdings in shares of Palo Alto Networks by 100.0% during the 4th quarter. Cadence Bank now owns 1,512 shares of the network technology company's stock worth $275,000 after acquiring an additional 756 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PANW has been the subject of a number of research analyst reports. BMO Capital Markets lifted their price objective on shares of Palo Alto Networks from $217.00 to $225.00 and gave the stock an "outperform" rating in a report on Tuesday. Scotiabank lifted their price objective on shares of Palo Alto Networks from $225.00 to $228.00 and gave the stock a "sector outperform" rating in a report on Tuesday. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $232.00 price objective on shares of Palo Alto Networks in a report on Tuesday. Needham & Company LLC reaffirmed a "buy" rating and set a $230.00 price objective on shares of Palo Alto Networks in a report on Tuesday. Finally, DA Davidson reaffirmed a "buy" rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday. Twenty-eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $211.52.

Insider Buying and Selling at Palo Alto Networks

In related news, Director Aparna Bawa sold 526 shares of the business's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $190.00, for a total transaction of $99,940.00. Following the sale, the director owned 8,632 shares of the company's stock, valued at $1,640,080. The trade was a 5.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $171.58, for a total transaction of $20,722,402.92. Following the sale, the executive vice president directly owned 206,718 shares in the company, valued at $35,468,674.44. The trade was a 36.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 669,248 shares of company stock valued at $126,423,337 over the last three months. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Trading Up 1.9%

Shares of PANW stock traded up $3.3740 during mid-day trading on Wednesday, reaching $184.9340. The stock had a trading volume of 11,007,435 shares, compared to its average volume of 6,447,921. The stock's 50-day moving average price is $191.31 and its two-hundred day moving average price is $186.32. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39. The firm has a market capitalization of $123.31 billion, a PE ratio of 115.31, a price-to-earnings-growth ratio of 4.33 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 18.55%. The company's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

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.