Integrity Alliance LLC. Makes New Investment in Palo Alto Networks, Inc. $PANW

Key Points

• Integrity Alliance LLC has made a new investment of approximately $1.17 million in Palo Alto Networks, acquiring nearly 6,830 shares of the company.
• Institutional investors currently own a significant 79.82% of Palo Alto Networks' stock, reflecting strong interest from various funds.
• Palo Alto Networks reported a 15.8% year-over-year increase in quarterly revenue, reaching $2.54 billion, exceeding analyst expectations.

Integrity Alliance LLC. acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,830 shares of the network technology company's stock, valued at approximately $1,165,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in PANW. Brighton Jones LLC increased its position in shares of Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock valued at $1,230,000 after acquiring an additional 4,031 shares during the period. Bank Pictet & Cie Europe AG grew its stake in shares of Palo Alto Networks by 115.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company's stock worth $8,004,000 after purchasing an additional 23,586 shares during the last quarter. Bison Wealth LLC increased its holdings in Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock valued at $948,000 after purchasing an additional 3,275 shares during the period. Graham Capital Management L.P. increased its holdings in Palo Alto Networks by 26.2% during the 4th quarter. Graham Capital Management L.P. now owns 2,574 shares of the network technology company's stock valued at $468,000 after purchasing an additional 535 shares during the period. Finally, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Palo Alto Networks during the 4th quarter valued at approximately $257,000. Institutional investors own 79.82% of the company's stock.

Insiders Place Their Bets

In related news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president directly owned 177,954 shares of the company's stock, valued at $34,008,788.94. This trade represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president directly owned 3,143,516 shares of the company's stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 569,422 shares of company stock valued at $106,629,618. Insiders own 2.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PANW. UBS Group set a $185.00 price objective on Palo Alto Networks and gave the stock a "neutral" rating in a research report on Tuesday, August 12th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $223.00 price target on shares of Palo Alto Networks in a research note on Friday, August 15th. DA Davidson reissued a "buy" rating and set a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Northland Securities decreased their price objective on shares of Palo Alto Networks from $210.00 to $177.00 and set a "market perform" rating for the company in a report on Wednesday, May 21st. Finally, Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the stock a "buy" rating in a research report on Tuesday, August 19th. 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's stock. According to MarketBeat, Palo Alto Networks currently has a consensus rating of "Moderate Buy" and a consensus target price of $211.68.

Palo Alto Networks Trading Down 1.0%

Palo Alto Networks stock traded down $2.04 during mid-day trading on Friday, hitting $196.29. The company had a trading volume of 4,429,693 shares, compared to its average volume of 7,988,031. 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 capitalization of $131.30 billion, a PE ratio of 122.30, a price-to-earnings-growth ratio of 4.73 and a beta of 0.98. The stock's 50 day moving average price is $188.03 and its two-hundred day moving average price is $185.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly 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 firm had revenue of $2.54 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter 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. Equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Palo Alto Networks 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.