Brooklyn Investment Group Has $1.05 Million Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Brooklyn Investment Group increased its holdings in Palo Alto Networks by 72.0%, owning 6,156 shares valued at approximately $1,050,000 as of its latest SEC filing.
• Institutional investors collectively own 79.82% of Palo Alto Networks, with notable increases in ownership from Vanguard Group, Northern Trust, and Ameriprise Financial.
• Analysts maintain a consensus of "Moderate Buy" for Palo Alto Networks, with a price target averaging $217.79, despite some divergent views among firms regarding valuation.

Brooklyn Investment Group boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 72.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,156 shares of the network technology company's stock after buying an additional 2,577 shares during the quarter. Brooklyn Investment Group's holdings in Palo Alto Networks were worth $1,050,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PANW. Nuveen LLC bought a new position in shares of Palo Alto Networks in the 1st quarter valued at about $810,047,000. Northern Trust Corp boosted its stake in shares of Palo Alto Networks by 133.7% in the 4th quarter. Northern Trust Corp now owns 7,842,647 shares of the network technology company's stock valued at $1,427,048,000 after purchasing an additional 4,486,654 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in shares of Palo Alto Networks by 98.0% in the 4th quarter. Nuveen Asset Management LLC now owns 6,158,580 shares of the network technology company's stock valued at $1,120,615,000 after purchasing an additional 3,047,625 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Palo Alto Networks by 92.7% in the 4th 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 valued at $1,082,895,000 after purchasing an additional 2,862,718 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Palo Alto Networks by 18,802.8% in the 1st quarter. GAMMA Investing LLC now owns 2,410,290 shares of the network technology company's stock valued at $411,292,000 after purchasing an additional 2,397,539 shares during the last quarter. Institutional investors own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

PANW stock traded up $3.0280 during mid-day trading on Wednesday, hitting $184.5880. 11,938,666 shares of the company were exchanged, compared to its average volume of 6,449,623. The firm has a market cap of $123.08 billion, a P/E ratio of 115.01, a P/E/G ratio of 4.33 and a beta of 0.94. The firm's 50 day simple moving average is $191.31 and its 200 day simple moving average is $186.32. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced 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 firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 18.55%. The business's quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the company posted $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. On average, equities research analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Activity

In other news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the sale, the executive vice president owned 101,135 shares in the company, valued at $20,414,099.75. This trade represents a 4.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 669,248 shares of company stock worth $126,423,337. Corporate insiders own 2.50% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on PANW shares. Wells Fargo & Company raised their target price on shares of Palo Alto Networks from $225.00 to $235.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Scotiabank lifted their price objective on shares of Palo Alto Networks from $225.00 to $228.00 and gave the stock a "sector outperform" rating in a research note on Tuesday. Wedbush reissued an "outperform" rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Tuesday. Cantor Fitzgerald reissued an "overweight" rating and set a $223.00 price objective on shares of Palo Alto Networks in a research note on Friday, August 15th. Finally, Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $211.52.

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.