Nissay Asset Management Corp Japan ADV Acquires 15,898 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in Palo Alto Networks by 10.7%, acquiring an additional 15,898 shares to hold a total of 164,293 shares valued at approximately $28 million.
• Multiple institutional investors have significantly increased their positions in Palo Alto Networks, with Brighton Jones LLC and Bison Wealth LLC increasing their stakes by 147.7% and 169.1% respectively during the last quarter.
• Palo Alto Networks reported earnings of $0.95 per share in its last earnings report, surpassing expectations and showing a 15.8% revenue increase year-over-year, with revised guidance for fiscal year 2026 set at $3.750 to $3.850 EPS.

Nissay Asset Management Corp Japan ADV grew its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 10.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 164,293 shares of the network technology company's stock after buying an additional 15,898 shares during the quarter. Nissay Asset Management Corp Japan ADV's holdings in Palo Alto Networks were worth $28,035,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nuveen LLC acquired a new stake in Palo Alto Networks in the first quarter worth about $810,047,000. Nuveen Asset Management LLC increased its position in Palo Alto Networks by 98.0% in the fourth quarter. Nuveen Asset Management LLC now owns 6,158,580 shares of the network technology company's stock worth $1,120,615,000 after purchasing an additional 3,047,625 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Palo Alto Networks by 92.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,951,283 shares of the network technology company's stock worth $1,082,895,000 after purchasing an additional 2,862,718 shares during the period. GAMMA Investing LLC increased its position in Palo Alto Networks by 18,802.8% in the first quarter. GAMMA Investing LLC now owns 2,410,290 shares of the network technology company's stock worth $411,292,000 after purchasing an additional 2,397,539 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company's stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PANW has been the topic of a number of recent analyst reports. UBS Group set a $185.00 target price on Palo Alto Networks and gave the stock a "neutral" rating in a report on Tuesday, August 12th. DA Davidson reiterated a "buy" rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Barclays reiterated an "overweight" rating and set a $215.00 price objective (up previously from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Stephens restated an "equal weight" rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Scotiabank boosted their target price on Palo Alto Networks from $225.00 to $228.00 and gave the company a "sector outperform" rating in a research note on Tuesday, August 19th. Twenty-eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $211.68.

Palo Alto Networks Stock Up 1.1%

Shares of PANW stock traded up $2.11 during trading on Friday, reaching $194.46. 5,667,224 shares of the company's stock were exchanged, compared to its average volume of 9,308,827. The stock has a market capitalization of $130.07 billion, a PE ratio of 121.16, a PEG ratio of 4.64 and a beta of 0.98. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39. The firm's fifty day moving average price is $188.33 and its 200-day moving average price is $185.71.

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 for the quarter, topping analysts' consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion for 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 firm's revenue was up 15.8% compared to the same quarter last year. During the same period 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. As a group, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In related news, EVP Nir Zuk sold 100,000 shares of the business's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at $543,199,564.80. The trade was a 3.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction on 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 trade represents a 40.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 569,422 shares of company stock valued at $106,629,618. Company insiders own 2.50% of the company's stock.

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.