Palo Alto Networks, Inc. $PANW Shares Bought by Ieq Capital LLC

Key Points

• Ieq Capital LLC increased its holdings in Palo Alto Networks by 51.7% in Q1, owning 153,662 shares valued at approximately $26.2 million.
• Several other hedge funds also boosted their positions in Palo Alto Networks, with Brighton Jones LLC increasing their holdings by 147.7% and other significant increases reported in Q4.
• Palo Alto Networks reported a revenue of $2.54 billion for the latest quarter, exceeding analyst expectations, and has set FY 2026 guidance for EPS between 3.750-3.850.

Ieq Capital LLC increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 51.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 153,662 shares of the network technology company's stock after buying an additional 52,341 shares during the quarter. Ieq Capital LLC's holdings in Palo Alto Networks were worth $26,221,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Capital A Wealth Management LLC purchased a new stake in Palo Alto Networks in the fourth quarter valued at approximately $29,000. HWG Holdings LP purchased a new stake in Palo Alto Networks in the first quarter valued at approximately $31,000. Dagco Inc. purchased a new stake in Palo Alto Networks in the first quarter valued at approximately $33,000. SWAN Capital LLC raised its position in Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after purchasing an additional 100 shares during the period. Finally, Strategic Investment Solutions Inc. IL raised its position in Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock valued at $38,000 after purchasing an additional 83 shares during the period. Hedge funds and other institutional investors own 79.82% of the company's stock.

Insider Transactions at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the company's stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $201.85, for a total value 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 represents a 4.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $171.58, for a total transaction of $20,722,402.92. Following the sale, the executive vice president owned 206,718 shares of the company's stock, valued at approximately $35,468,674.44. This represents a 36.88% decrease in their position. The disclosure for this sale can be found here. Insiders sold 669,948 shares of company stock valued at $126,552,277 in the last 90 days. Company insiders own 2.50% of the company's stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW traded up $3.41 during trading on Thursday, hitting $191.02. 6,023,511 shares of the company were exchanged, compared to its average volume of 12,337,660. The firm's 50 day moving average price is $189.57 and its 200-day moving average price is $186.21. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39. The stock has a market capitalization of $127.37 billion, a P/E ratio of 119.02, a PEG ratio of 4.59 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to analysts' expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks's quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company earned $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, equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Analysts Set New Price Targets

PANW has been the topic of a number of research analyst reports. Bank of America raised Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 target price on the stock in a research report on Tuesday, August 19th. UBS Group set a $185.00 target price on Palo Alto Networks and gave the company a "neutral" rating in a research report on Tuesday, August 12th. Northland Securities dropped their price target on shares of Palo Alto Networks from $210.00 to $177.00 and set a "market perform" rating for the company in a research note on Wednesday, May 21st. Stephens restated an "equal weight" rating and issued a $205.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Jefferies Financial Group set a $235.00 price target on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Twenty-eight 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 company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $211.52.

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.