Keystone Investors PTE Ltd. Increases Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• Keystone Investors PTE Ltd. boosted its Palo Alto Networks stake by 48.4% in the fourth quarter, ending with 33,610 shares worth about $6.19 million.
• Palo Alto Networks reported strong quarterly results, posting $0.85 EPS and $3.0 billion in revenue, both ahead of estimates, with revenue up 31.1% year over year.
• Analysts remain broadly bullish on PANW, with multiple firms raising price targets and MarketBeat showing an overall rating of Moderate Buy with an average target price of $306.59.

Keystone Investors PTE Ltd. increased its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 48.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,610 shares of the network technology company's stock after purchasing an additional 10,961 shares during the quarter. Keystone Investors PTE Ltd.'s holdings in Palo Alto Networks were worth $6,191,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its stake in Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after buying an additional 4,031 shares during the period. Bison Wealth LLC increased its stake 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 worth $948,000 after buying an additional 3,275 shares during the period. Sivia Capital Partners LLC increased its stake in Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock worth $713,000 after buying an additional 1,389 shares during the period. Osterweis Capital Management Inc. increased its stake in Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company's stock worth $115,000 after buying an additional 555 shares during the period. Finally, Main Street Financial Solutions LLC increased its stake in Palo Alto Networks by 6.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock worth $900,000 after buying an additional 249 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

PANW opened at $279.62 on Friday. The company has a 50-day moving average of $216.44 and a 200-day moving average of $189.22. The company has a market capitalization of $227.89 billion, a P/E ratio of 229.20, a PEG ratio of 10.38 and a beta of 0.94. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $302.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company's revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Equities analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Lee Klarich sold 62,904 shares of the business's stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares of the company's stock, valued at $61,037,002.95. This represents a 21.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of the business's stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the sale, the chief accounting officer directly owned 81,636 shares of the company's stock, valued at approximately $23,272,790.88. This represents a 1.33% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 81,044 shares of company stock worth $20,424,722. 1.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on PANW. Arete Research raised shares of Palo Alto Networks from a "sell" rating to a "buy" rating and set a $185.00 price target on the stock in a research note on Tuesday, March 3rd. Morgan Stanley lifted their price target on shares of Palo Alto Networks from $253.00 to $320.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 3rd. FBN Securities reaffirmed an "outperform" rating and set a $330.00 price target on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Benchmark lifted their price target on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. Finally, Berenberg Bank lifted their price target on shares of Palo Alto Networks from $290.00 to $360.00 and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $306.59.

Palo Alto Networks Company Profile

Palo Alto Networks NASDAQ: PANW is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company's product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.