J2 Capital Management Inc Grows Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• J2 Capital Management Inc. increased its stake in Palo Alto Networks by 90.9%, acquiring a total of 3,190 shares valued at approximately $653,000 in their latest SEC filing.
• Palo Alto Networks received various analyst ratings, with price targets ranging from $215.00 to $232.00, indicating a consensus rating of "Moderate Buy" based on positive earnings and revenue growth.
• Institutional investors now hold 79.82% of Palo Alto Networks stock, a significant portion of the company's ownership structure.

J2 Capital Management Inc raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 90.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,190 shares of the network technology company's stock after purchasing an additional 1,519 shares during the period. J2 Capital Management Inc's holdings in Palo Alto Networks were worth $653,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. St. Clair Advisors LLC grew its position in shares of Palo Alto Networks by 0.3% during the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company's stock worth $3,233,000 after buying an additional 50 shares in the last quarter. Csenge Advisory Group grew its position in shares of Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company's stock worth $381,000 after buying an additional 53 shares in the last quarter. GSG Advisors LLC grew its position in shares of Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company's stock worth $2,154,000 after buying an additional 54 shares in the last quarter. SYM FINANCIAL Corp grew its position in shares of Palo Alto Networks by 1.4% during the first quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company's stock worth $691,000 after buying an additional 55 shares in the last quarter. Finally, Investment Advisory Services Inc. TX ADV grew its position in shares of Palo Alto Networks by 4.6% during the second quarter. Investment Advisory Services Inc. TX ADV now owns 1,257 shares of the network technology company's stock worth $257,000 after buying an additional 55 shares in 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 recent analyst reports. Rosenblatt Securities decreased their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating for the company in a research report on Thursday, August 14th. JMP Securities reaffirmed a "market outperform" rating and issued a $212.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $232.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Morgan Stanley lifted their price objective on shares of Palo Alto Networks from $210.00 to $216.00 and gave the stock an "overweight" rating in a report on Tuesday, September 2nd. Finally, KeyCorp downgraded shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a report on Thursday, July 31st. Thirty equities research 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, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $214.64.

Insiders Place Their Bets

In related news, EVP Lee Klarich sold 120,774 shares of the company's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the sale, the executive vice president owned 177,954 shares of the company's stock, valued at $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company's stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares of the company's stock, valued at $19,629,805.65. The trade was a 4.94% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,314,430 shares of company stock valued at $259,210,094. Corporate insiders own 2.50% of the company's stock.

Palo Alto Networks Stock Performance

PANW stock opened at $206.80 on Thursday. The stock has a market capitalization of $138.33 billion, a price-to-earnings ratio of 128.85, a PEG ratio of 4.85 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39. The stock's fifty day moving average is $189.95 and its two-hundred day moving average is $187.87.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share. 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, analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal 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.

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