Interval Partners LP Acquires New Shares in Palo Alto Networks, Inc. $PANW

Key Points

• Interval Partners LP has acquired a new position in Palo Alto Networks ($PANW) worth approximately $5.95 million, purchasing 34,872 shares during the first quarter.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Palo Alto Networks, with a current average price target of $211.68.
• Palo Alto Networks reported earnings of $0.95 per share for the last quarter, surpassing estimates and reflecting a 15.8% increase in revenue year-over-year.

Interval Partners LP bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,872 shares of the network technology company's stock, valued at approximately $5,951,000.

Several other large investors have also recently added to or reduced their stakes in the business. Capital A Wealth Management LLC purchased a new position in shares of Palo Alto Networks in the 4th quarter worth about $29,000. HWG Holdings LP purchased a new position in shares of Palo Alto Networks in the 1st quarter worth about $31,000. Dagco Inc. purchased a new position in shares of Palo Alto Networks in the 1st quarter worth about $33,000. SWAN Capital LLC raised 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 worth $36,000 after purchasing an additional 100 shares during the period. Finally, WPG Advisers LLC purchased a new position in shares of Palo Alto Networks in the 1st quarter worth about $37,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Palo Alto Networks

In other news, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $201.05, for a total value of $160,840.00. Following the completion of the transaction, the chief accounting officer owned 42,033 shares in the company, valued at approximately $8,450,734.65. This trade represents a 1.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $1,009,250.00. Following the completion of the transaction, the executive vice president owned 101,135 shares of the company's stock, valued at approximately $20,414,099.75. The trade was a 4.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 569,422 shares of company stock worth $106,629,618 in the last quarter. Insiders own 2.50% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Northland Securities dropped their target price on Palo Alto Networks from $210.00 to $177.00 and set a "market perform" rating on the stock in a report on Wednesday, May 21st. Needham & Company LLC reiterated a "buy" rating and set a $230.00 target price on shares of Palo Alto Networks in a report on Wednesday. Stephens reiterated an "equal weight" rating and set a $205.00 target price 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 report on Thursday, July 31st. Finally, JMP Securities reiterated a "market outperform" rating and set a $212.00 target price on shares of Palo Alto Networks in a 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 given a Sell rating to the company's stock. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of "Moderate Buy" and a consensus price target of $211.68.

Palo Alto Networks Stock Up 1.1%

Shares of PANW traded up $2.11 during mid-day trading on Friday, hitting $194.46. The stock had a trading volume of 5,667,224 shares, compared to its average volume of 9,308,827. The company has a market cap of $130.07 billion, a PE ratio of 121.16, a PEG ratio of 4.64 and a beta of 0.98. The company's fifty day simple moving average is $188.33 and its two-hundred day simple moving average is $185.85. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The company 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%.The business's revenue was up 15.8% on a year-over-year basis. During the same quarter 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. Equities analysts expect 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.