Palo Alto Networks, Inc. $PANW Shares Acquired by Alpha Family Trust

Key Points

• Alpha Family Trust increased its stake in Palo Alto Networks, raising its holdings by 81.2% to 5,020 shares, valued at approximately $857,000.
• Institutional investors collectively own 79.82% of Palo Alto Networks, with notable recent purchases including Nuveen LLC and GAMMA Investing LLC.
• Palo Alto Networks has seen its stock price rise by 2.0%, with current market performance showing a 12-month high of $210.39 and a 12-month low of $144.15.

Alpha Family Trust raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 81.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,020 shares of the network technology company's stock after buying an additional 2,250 shares during the period. Alpha Family Trust's holdings in Palo Alto Networks were worth $857,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its stake in shares of Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock valued at $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bank Pictet & Cie Europe AG grew its holdings in Palo Alto Networks by 115.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company's stock valued at $8,004,000 after purchasing an additional 23,586 shares during the period. Bridgewater Associates LP purchased a new stake in shares of Palo Alto Networks in the fourth quarter valued at approximately $567,000. Gabelli Funds LLC raised its stake in shares of Palo Alto Networks by 93.2% during the 4th quarter. Gabelli Funds LLC now owns 1,590 shares of the network technology company's stock worth $289,000 after buying an additional 767 shares during the period. Finally, Commerce Bank raised its stake in shares of Palo Alto Networks by 81.4% during the 4th quarter. Commerce Bank now owns 46,759 shares of the network technology company's stock worth $8,508,000 after buying an additional 20,980 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PANW has been the topic of a number of research analyst reports. Cantor Fitzgerald reissued an "overweight" rating and issued a $223.00 price target on shares of Palo Alto Networks in a research note on Friday, August 15th. Westpark Capital reiterated a "hold" rating on shares of Palo Alto Networks in a research report on Tuesday. Needham & Company LLC restated a "buy" rating and set a $230.00 price target on shares of Palo Alto Networks in a research report on Tuesday. Roth Capital started coverage on shares of Palo Alto Networks in a research note on Thursday, May 15th. They issued a "neutral" rating and a $210.00 price target on the stock. Finally, Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an "outperform" rating in a research note on Tuesday. Twenty-eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $211.52.

Palo Alto Networks Stock Down 0.6%

PANW traded down $1.11 during trading on Thursday, reaching $183.32. The company's stock had a trading volume of 8,171,664 shares, compared to its average volume of 6,477,367. The company has a market cap of $122.24 billion, a price-to-earnings ratio of 114.22, a PEG ratio of 4.46 and a beta of 0.94. The firm has a fifty day simple moving average of $191.11 and a two-hundred day simple moving average of $186.31. 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 posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter last year, the firm earned $0.75 earnings per share. The business's revenue for the quarter was up 15.8% on a year-over-year basis. 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, equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other news, Director Aparna Bawa sold 526 shares of the business's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $190.00, for a total transaction of $99,940.00. Following the transaction, the director owned 8,632 shares of the company's stock, valued at approximately $1,640,080. The trade was a 5.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Josh D. Paul sold 800 shares of the company's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $201.05, for a total transaction of $160,840.00. Following the completion of the sale, the chief accounting officer directly owned 42,033 shares of the company's stock, valued at $8,450,734.65. This represents a 1.87% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 669,248 shares of company stock worth $126,423,337. Corporate 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.