Palo Alto Networks, Inc. $PANW Stake Lifted by Bouvel Investment Partners LLC

Key Points

• Bouvel Investment Partners LLC has increased its stake in Palo Alto Networks, Inc. by 103.3% in Q2, now owning 31,076 shares valued at approximately $6.36 million.
• Insider activity shows EVP Lee Klarich sold 120,774 shares for over $23 million, marking a significant reduction in his holdings by 40.43%.
• Palo Alto Networks reported a 15.8% year-over-year increase in quarterly revenue, reaching $2.54 billion, while beating EPS estimates by $0.06.

Bouvel Investment Partners LLC increased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 103.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,076 shares of the network technology company's stock after acquiring an additional 15,793 shares during the period. Palo Alto Networks makes up approximately 2.2% of Bouvel Investment Partners LLC's investment portfolio, making the stock its 14th biggest position. Bouvel Investment Partners LLC's holdings in Palo Alto Networks were worth $6,359,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. St. Clair Advisors LLC lifted its stake in Palo Alto Networks by 0.3% during the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company's stock valued at $3,233,000 after purchasing an additional 50 shares during the last quarter. Csenge Advisory Group lifted its stake in Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company's stock valued at $381,000 after purchasing an additional 53 shares during the last quarter. GSG Advisors LLC lifted its stake in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company's stock valued at $2,154,000 after purchasing an additional 54 shares during the last quarter. SYM FINANCIAL Corp lifted its stake in Palo Alto Networks by 1.4% during the first quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company's stock valued at $691,000 after purchasing an additional 55 shares during the last quarter. Finally, Crew Capital Management Ltd. lifted its stake in Palo Alto Networks by 2.5% during the first quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company's stock valued at $394,000 after purchasing an additional 57 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Lee Klarich sold 120,774 shares of the firm'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 transaction, the executive vice president directly owned 177,954 shares in the company, valued at approximately $34,008,788.94. This trade represents a 40.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Josh D. Paul sold 700 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $184.20, for a total transaction of $128,940.00. Following the completion of the transaction, the chief accounting officer owned 37,723 shares in the company, valued at $6,948,576.60. The trade was a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 568,622 shares of company stock valued at $106,468,778. 2.50% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Up 1.2%

Shares of PANW opened at $208.19 on Friday. The company's fifty day moving average is $188.60 and its 200-day moving average is $186.53. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $210.39. The firm has a market cap of $139.26 billion, a price-to-earnings ratio of 129.71, a price-to-earnings-growth ratio of 4.96 and a beta of 0.98.

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 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the business posted $0.75 EPS. Palo Alto Networks's quarterly revenue 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, research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Jefferies Financial Group set a $235.00 target price on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Wedbush reissued an "outperform" rating and set a $225.00 target price on shares of Palo Alto Networks in a research note on Monday, September 15th. Morgan Stanley upped their price target on shares of Palo Alto Networks from $210.00 to $216.00 and gave the company an "overweight" rating in a research report on Tuesday, September 2nd. Needham & Company LLC restated a "buy" rating and issued a $230.00 price target on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $223.00 price target on shares of Palo Alto Networks in a research report on Friday, August 15th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $212.39.

About Palo Alto Networks

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.

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